All Posts Tagged With: "CIEN"

(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

(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

(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

(XLK) Stock Market News for August 22, 2012 – Market News

Markets lost out on their initial gains and the S&P 500 dropped from its four-year high as investors chose to book profits on Tuesday. Markets had rallied in the first hour lifted by hopes of the ECB plunging into action to buy back Italian and Spanish bonds. However, investors hurried to encash...

22Aug2012 | | Comments Off | Continued

(XLI) Stock Market News for July 12, 2012 – Market News

Markets slumped to their fifth-straight day of losses after minutes from the Federal Reserve’s June meeting revealed no additional economic measures were in the offing. The central bank would only consider further economic measures if there were more signs of the economy was weakening. However,...

16Jul2012 | | Comments Off | Continued

(CIEN) Ciena 2011 Fourth Quarter Earnings Preview

Ciena Corp. (CIEN) is scheduled to release its fourth quarter 2011 results before the opening bell on December 8, 2011. In the run-up to the earnings release, no major variation in analysts’ estimates was noticed. Prior-Quarter...

8Dec2011 | | 0 comments | Continued

(BK) Company News for September 2, 2011 – Corporate Summary

•    International Business Machines Corp. (NYSE:IBM) announced it was acquiring Algorithmics, a risk analytics firm based in Toronto, Canada, for $387 million in cash •    Negotiations between Netflix, Inc.’s (NASDAQ:NFLX)...

2Sep2011 | | 0 comments | Continued

(CMCSA) Comcast Emphasizing Small Business Segment

Comcast Corp. (CMCSA) is aggressively exploiting small and mid-sized (SMB) business opportunities. The largest cable MSO in the U.S. is currently offering metro Ethernet services in 20 major U.S. markets and is expected to offer...

21Jun2011 | | 0 comments | Continued

(USA) Company News for June 20, 2011 – Corporate Summary

•    Research In Motion Limited (NASDAQ:RIMM) reported first quarter earnings per share of $1.33. While this is marginally higher than the Zacks Consensus EPS Estimate of $1.32 per share, revenue numbers  missed expectations of $5.4 billion...

20Jun2011 | | 0 comments | Continued

(AAPL) Stock Market News for June 20, 2011 – Market News

Reports of a possible resolution to Greece’s debt crisis put the market on track for a finish in the green. Combined with mixed economic reports, this development helped benchmarks end their six-week losing streak. A decline in oil prices lifted the indices higher, but losses for the technology...

20Jun2011 | | 0 comments | Continued

(VZ) Verizon Communications to Debut 100G Broadband Technology in U.S.

Verizon Communications Inc. (VZ) plans to initiate 100G (gigabits per second) technology on selected parts of the U.S. network by the end of the second quarter of 2011. The network segments include Chicago to New York, Sacramento to...

3Apr2011 | | 0 comments | Continued

(AMP) Stock Market News for March 10, 2011 – Market News

The second anniversary of the market’s Bull Run ended on a weak note as markets pared gains of the earlier trading day and closed marginally lower. The S&P 500 has gained 95.4% since it slid to 676.53 on March 9, 2009. However, continuing unrest in the Persian Gulf and concerns over the conflict...

10Mar2011 | | 0 comments | Continued

(AMAT) Stock Market News for March 8, 2011 – Market News

Markets continued to stay in the red as concerns over oil supplies and mounting unrest in Libya further pushed up crude prices. To add to the woes of investors, the semiconductor index was downgraded which eventually led to technology stocks sliding lower. The fear gauge CBOE Volatility Index...

8Mar2011 | | 0 comments | Continued

(AHD) Company News for March 08, 2011 – Corporate Summary

• Ciena Corp. (NASDAQ:CIEN) reported a Q1 loss of $0.14 per share, lower than the Zacks Consensus Estimate of a loss of $0.30 per share • Urban Outfitters (NASDAQ:URBN) reported Q4 EPS...

8Mar2011 | | 0 comments | Continued

(APKT) One Sector Has Quietly Lurked in the Shadows – The Coming $1.7 Trillion Tech Sector Wave

by Matthew Carr, Contributing Editor, Investment U Monday, January 10, 2011: Issue #1424 Over the past year, we’ve heard a lot about precious metals and other commodities. We’ve heard a lot about healthcare, financials and automakers. Heck, even the rare earth area has...

12Jan2011 | | 0 comments | Continued

(CIEN) Ciena Price Target Lowered

We are lowering our price target to $13.00 from our previous $17.00 for Ciena Corp. (CIEN). Although we anticipate a recovery in 2011, Ciena could exhibit high volatility due to the lack of a near-term visibility, integration related...

13Jul2010 | | 0 comments | Continued

(CIEN) Ciena Corporation Acquires Bankrupt Nortel Assets

Ciena Corporation (CIEN) announced that it has completed the acquisition of substantially all of the optical networking and Carrier Ethernet assets of Nortel Networks’ (NT)...

27Mar2010 | | 0 comments | Continued

(CIEN) Ciena Analysts Maintain Neutral Ratings After Revisions

Following the release of Ciena Corporation’s (CIEN) first quarter fiscal 2010 results on March 4, 2010, analysts have made both positive and negative revisions to their estimates. Linthicum, Maryland-based CIENA is an original...

18Mar2010 | | 0 comments | Continued

(CIEN) Ciena’s Earnings Report Ahead of Consensus – Loss Widens

Ciena Corp. (CIEN) reported a wider fiscal first-quarter loss compared to the year-ago period due to increased expenses related to its pending acquisition of Nortel Network (NRTLQ). However, earnings topped the...

5Mar2010 | | 0 comments | Continued

(CIEN) Ciena Corporation Earns Canadaian Approval For Nortel Business Bid

The telecommunications network specialist Ciena Corporation (CIEN) announced that it has received regulatory approval under the Investment Canada Act for the proposed acquisition of Nortel Network Corp.’s optical networking...

31Dec2009 | | 0 comments | Continued

(CIEN) Ciena Corporation is Removed From The S&P 500

According to Standard and Poor’s latest realignment, Ciena Corp. (CIEN), the telecommunications equipment maker has been removed from the S&P 500 index and has been included in the S&P MidCap 400, replacing Blyth...

15Dec2009 | | 0 comments | Continued

(CIEN) Ciena Beats Consensus – Earnings Guidance is Up

Ciena Corporation (CIEN) results (both revenue and earnings per share) for the fourth quarter beat Zacks Consensus Estimates. The company posted better-than-expected results amid cautious consumer spending and weak demand. The more...

10Dec2009 | | 0 comments | Continued

(CIEN) Earnings Preview for Ciena Corporation

The telecommunications network specialist Ciena Corp. (CIEN) is set to announce its fiscal fourth-quarter earnings on Dec 10. Though market conditions have improved, Ciena expects continued lumpiness in results, as customers...

9Dec2009 | | 0 comments | Continued

($NOK) Nokia-Siemens Suffers Setbacks

Nokia Siemens Network, the 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI) continues to suffer setbacks one after one. Severe economic recession has...

25Nov2009 | | 0 comments | Continued

(CIEN) Ciena Corporation Wins Bid for Nortel’s Assets

The telecommunications network specialist Ciena Corporation (CIEN) has been selected as the successful bidder for Nortel Network Corp.’s (NT) optical networking...

23Nov2009 | | 0 comments | Continued

(NOK) Final Deadline for Nortel Bid

Nortel Network Corp.’s (NT) said that the final auction for acquiring all of its Metro optical and Ethernet Networks division is on Nov 20, 2009. The deal is subject to a competitive bidding process. Nokia...

20Nov2009 | | 0 comments | Continued

(CIEN) Ciena Corporation Purchases NT’s Ethernet Business

The telecommunication and network specialist, Ciena Corporation (CIEN) announced that it has received regulatory approval for the proposed acquisition of substantially all of Nortel Network Corp.’s (NT)...

14Nov2009 | | 0 comments | Continued

($CIEN) Ciena Gets Approval to Bid For Nortel Network’s Optical and Ethernet Division

The telecommunications and network equipment company Ciena Corporation (CIEN) has received the Court’s approval to begin bidding for Nortel Network Corp.’s (NT) optical and Ethernet division. The judges also said that Nov. 9 will be the deadline for bids and...

17Oct2009 | | 0 comments | Continued

(CIEN) Ciena Corporation Takes Over Nortel Networks’ Unit

Yesterday, telecommunications and network equipment company Ciena Corporation (CIEN) announced the acquisition of substantially all of the optical networking and carrier Ethernet assets of its rival Nortel Networks’ (NT) Metro Ethernet Networks (MEN) division, for...

9Oct2009 | | 0 comments | Continued

(CIEN) Ciena Beats but Guides Flat

Ciena Corporation (CIEN) announced better-than-expected results for the third quarter ended July 31 amid cautious consumer spending and weak demand. However, the more stable macro economic environment helped it deliver sequential growth, although year over year comparisons have been...

4Sep2009 | | 0 comments | Continued