Communication Equipment

(HRS) Norden Extends Contract with Harris

Harris Corporation (HRS), a leader in the public safety and professional communications market, announced that Denmark-based Norden AS has extended its agreement with it to provide broadband communication to its global fleet of 39...

21Aug2013 | | Comments Off | Continued

(ARRS) Arris Group Restructures Business Model

Yesterday, in a major strategic move, Arris Group Inc. (ARRS) announced that it has restructured its business model and provided the future financial guidance. The restructuring was necessary after its acquisition of the Home businesses...

27Jun2013 | | Comments Off | Continued

(NOK) Nokia’s New Lumia 925

In order to gain market traction, Finnish handset manufacturer Nokia Corporation (NOK) continues to expand its Lumia flagship phones by launching a new Lumia 925 smartphone. The Lumia 925 is a Windows 8-based smartphone with...

24Jun2013 | | Comments Off | Continued

(ADTN) ADTRAN to Enhance Shareholder Value

In an attempt to enhance shareholders’ return, communication network solution provider, ADTRAN Inc. (ADTN) announced that its board of directors has authorized an additional share repurchase plan. The new plan will commence following...

23May2013 | | Comments Off | Continued

(NOK) Verizon Wireless to Offer Innovative Lumia

Smartphone manufacturer Nokia Corporation (NOK) is set to launch a new Lumia 928 through the largest U.S. telecom carrier, Verizon Wireless (VZ). It is believed to be...

23May2013 | | Comments Off | Continued

(MSI) Motorola Solutions Remains Neutral

We have maintained our Neutral recommendation on Motorola Solutions Inc. (MSI), as the top line beat the Zacks Consensus Estimate but the bottom line fell short in the recently concluded quarter. Why Kept at Neutral? The...

23May2013 | | Comments Off | Continued

(DTV) DIRECTV: Will It Beat Earnings?

The largest satellite TV provider in the U.S., DIRECTV (DTV) is set to release its first-quarter 2013 results before the opening bell on May 7, 2013. In the last quarter, the company delivered a 33.62% positive earnings surprise....

18May2013 | | Comments Off | Continued

(JDSU) JDS Uniphase Misses First Quarter Earnings

Yesterday, after the closing bell, JDS Uniphase Corp. (JDSU) declared disappointing financial results for the third quarter of fiscal 2013, missing both the top and bottom line of the Zacks Consensus Estimate. Management cited lower-than-expected...

16May2013 | | Comments Off | Continued

(CIEN) First Profit – Screen of the Week

With earnings season in full swing, now is a great time to take a look at my ‘First Profit’ stock screen. The concept for this one is to find companies that have recently shown their first quarterly profit within the last year. The idea is to find companies that have ...

16May2013 | | Comments Off | Continued

(NOK) Nokia Corporation – Siemens AG Joint Venture Nokia-Siemens Network Signs Network Upgrade Deal

Nokia-Siemens Network (“NSN”) a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) was selected by M1, Singapore’s second-largest telecom...

27Apr2013 | | Comments Off | Continued

(NOK) Nokia’s Lumia 920 Leads Windows Phone Market

Lumia 920, the flagship device of Nokia Corporation (NOK), is leading the Windows OS (operating system)-based smartphone market, dethroning Lumia 800. According to media reports, premium Windows-based phones have gained...

21Apr2013 | | Comments Off | Continued

(ERIC) LM Ericsson Telephone Company to Acquire Microsoft TV Business

LM Ericsson Telephone Company (ERIC) recently signed an agreement with Microsoft Corporation (MSFT) to acquire the latter’s TV solution Mediaroom business for an...

18Apr2013 | | Comments Off | Continued

(HRS) Harris Wins Army Contract Extension

Harris Corporation (HRS), a leader in the public safety and professional communications market, has won a multi-million contract extension from the U.S. Army Communications Electronics Command. The ceiling value of the contract –...

4Apr2013 | | Comments Off | Continued

(ARRS) Arris Group Continues Product Upgrade

Yesterday,  Arris Group Inc. (ARRS) declared that all its C4 cable modem termination system (CMTS), which are deployed by Comcast Corp. (CMCSA) are now IPv6 compatible....

4Apr2013 | | Comments Off | Continued

(ALU) Alcatel Lucent Enters into New Ventures

In Mobile World Congress (Barcelona, Spain) Alcatel Lucent (ALU) announced that it has entered into new ventures in India and Iraq. In India, Alcatel-Lucent entered into an agreement with Telnor India for providing...

2Mar2013 | | Comments Off | Continued

(HRS) Harris Remains at Neutral

We reiterate our long-term Neutral recommendation on Harris Corp. (HRS) following its mixed financial results in the fourth quarter of fiscal 2013. While earnings per share easily surpassed the Zacks Consensus Estimate, revenue fell...

2Mar2013 | | Comments Off | Continued

(NOK) Telefonica Chooses Nokia-Siemens Network for LTE

Nokia-Siemens Network (‘NSN’) – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) has started deploying LTE (Long Term Evolution) for Movistar...

25Feb2013 | | Comments Off | Continued

(JDSU) JDS Uniphase Upgraded to Outperform

We upgraded our recommendation on JDS Uniphase Corp. (JDSU) to Outperform based on the company’s second quarter of fiscal 2013 financial results, which outpaced the Zacks Consensus Estimates. Why the Upgrade? In...

13Feb2013 | | Comments Off | Continued

(NOK) Nokia Analyst Upgrades Shares to Outperform

We are upgrading our recommendation on Nokia Corp. (NOK) to Outperform based on the company’s fourth quarter of 2012 financial results, which significantly outpaced the Zacks Consensus Estimates. Why the Upgrade Nokia’s...

7Feb2013 | | Comments Off | Continued

(ADTN) ADTRAN – Bear of the Day

We are retaining our Underperform recommendation on ADTRAN (ADTN), owing to dismal third quarter sales performance, poor customer concentration compared to other big players, decline in its traditional product line, and various governmental...

13Jan2013 | | Comments Off | Continued

(QCOM) Qualcomm to Boost Home Device Bandwidth

In order to boost the bandwidth requirement for each home appliances, Qualcomm Atheros, Inc., which is a business arm of Qualcomm Inc. (QCOM), unveils StreamBoost technology for Wi-Fi routers and gateways. Increased deployments...

12Jan2013 | | Comments Off | Continued

(NOK) Nokia Tablet to Hit Market in 2013

Nokia Corporation (NOK) is all set to launch its latest Windows-based tablet during the early part of 2013. Launch of the tablet will put Nokia in direct competition with operating system (OS) partner Microsoft Corporation’s...

3Jan2013 | | Comments Off | Continued

(NOK) Nokia-Siemens to Shut German Plant

Nokia Siemens Networks (NSN) – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI)...

4Dec2012 | | Comments Off | Continued

(JDSU) JDS Uniphase Remains Neutral

We reiterate our long-term Neutral recommendation on JDS Uniphase Corp. (JDSU). The company posted mixed financial results for the first quarter of fiscal 2013. Although the revenue fell below the Zacks...

3Dec2012 | | Comments Off | Continued

(JDSU) A Mixed Bag for JDS Uniphase

Yesterday, after the closing bell, JDS Uniphase Corp. (JDSU) declared mixed financial results for the first quarter of fiscal 2013. Optical Networking component sector is highly competitive. The company competes fiercely with several...

3Dec2012 | | Comments Off | Continued

(JDSU) JDS Uniphase Gets Rid of Hologram Business

JDS Uniphase Corp. (JDSU), the leading provider of communications test and measurement solutions, declared that it has completed the sale of its holographic security business to OpSec Security Inc. The deal, which was announced on...

16Oct2012 | | Comments Off | Continued

(HRS) Harris Wins FAA Contract

Harris Corporation (HRS), a leader in the public safety and professional communications market, has received a $63 million contract that entails the company to provide enterprise messaging services to the Federal Aviation Administration...

9Oct2012 | | Comments Off | Continued

(ADTN) ADTRAN Revises Third Quarter Estimates

Networking solution provider, ADTRAN, Inc. (ADTN) has announced its revised revenue and earnings estimates for the third quarter 2012. Revenues are estimated at approximately $162 million, down from $192.2 million generated in the...

9Oct2012 | | Comments Off | Continued

(NOK) Nokia-Siemens Offload IPTV Assets

As a part of its cost cutting initiative, Nokia Siemens Networks – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) – has sold some of its...

9Oct2012 | | Comments Off | Continued

(HRS) Harris Corp. Wins Follow-on Contract

Communications technology company Harris Corp. (HRS) received a follow-on contract worth $297.7 million from the U.S. Navy. Per the contract, Harris will deliver portable radios and related parts to the Navy department. Procurement...

18Sep2012 | | Comments Off | Continued