International Business News - CIEN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Makers of telecommunications and networking gear were hit hard Monday, as investors feared that credit and stock market turmoil would curb corporate and carrier spending. http://www.ibtimes.com/articles/20080929/sector-snap-telecom-gear-stocks-down.htm Mon, 29 Sep 2008 15:16:33 EDT The stock of Nortel Networks Corp. plunged Wednesday to a multi-decade low after it slashed its business outlook and said it plans another round of cutbacks in the face of a struggling economy. http://www.ibtimes.com/articles/20080917/nortel-shares-plunge-on-outlook-cut.htm Wed, 17 Sep 2008 16:24:35 EDT Shares of ADC Telecommunications Inc. rebounded Friday, erasing a few days of losses, after the maker of telecommunications gear reported quarterly results in line with expectations and announced a buyback program. http://www.ibtimes.com/articles/20080905/adc-shares-up-after-reassuring-earnings-report.htm Fri, 05 Sep 2008 15:18:39 EDT Among the stock activity stories for Thursday, Sept. 4, from AP Financial News: SAN FRANCISCO (AP)--Yahoo Inc.'s stock sunk to its lowest level in nearly five years Thursday, magnifying the challenge facing the Internet company as its management tries to justify their rebuff of Microsoft Corp.'s $47.5 billion takeover bid. http://www.ibtimes.com/articles/20080904/movers-roundup-yahoo-ciena.htm Thu, 04 Sep 2008 18:47:29 EDT Ciena Corp.'s market value crumbled by nearly 25 percent Thursday after the telecommunications and network equipment maker forecast a lackluster finish to its fiscal year. http://www.ibtimes.com/articles/20080904/ciena-stock-plunges-on-lackluster-outlook.htm Thu, 04 Sep 2008 17:43:24 EDT Telecommunications and network equipment maker Ciena Corp. on Thursday predicted fiscal fourth-quarter revenue below analysts' expectations. Citing order delays from some service provider customers related to the economy, the company said it expects $190 million to $210 million in the quarter. http://www.ibtimes.com/articles/20080904/ciena-fiscal-4q-revenue-outlook-below-street-view.htm Thu, 04 Sep 2008 07:54:50 EDT Telecommunications and network equipment maker Ciena Corp. said Thursday that its fiscal third-quarter profit fell as a sharp increase in operating expenses overshadowed revenue growth. http://www.ibtimes.com/articles/20080904/ciena-fiscal-3q-profit-falls.htm Thu, 04 Sep 2008 07:47:29 EDT Among the stock activity stories for Monday, Aug. 11, from AP Financial News: WASHINGTON (AP)--Ciena Corp. shares rose sharply Monday after Morgan Keegan & Co. upgraded the stock to "Outperform" from "Market Perform," predicting a shift in Wall Street's bearish sentiment on the maker of telecommunications and network equipment. http://www.ibtimes.com/articles/20080811/movers-roundup-ciena-zoltek.htm Mon, 11 Aug 2008 17:41:39 EDT Ciena Corp. shares rose sharply Monday after Morgan Keegan & Co. upgraded the stock to "Outperform" from "Market Perform," predicting a shift in Wall Street's bearish sentiment on the maker of telecommunications and network equipment. http://www.ibtimes.com/articles/20080811/ciena-shares-up-7-percent-on-morgan-keegan-upgrade.htm Mon, 11 Aug 2008 18:11:41 EDT Among the premarket stories for Monday, Aug. 11, from AP Financial News: NEW YORK (AP)--Shares of Qwest Communications International Inc. rose in premarket trading Monday after a Citi Investment Research analyst upgraded the stock, saying Qwest could report improved sales and top Wall Street's expectations. http://www.ibtimes.com/articles/20080811/premarket-roundup-qwest-ciena.htm Mon, 11 Aug 2008 10:05:05 EDT Shares of Ciena Corp. may see active trading Monday after a Morgan Keegan & Co. analyst upgraded the stock to "Outperform," saying he thinks sentiment will become more positive in the next six months. http://www.ibtimes.com/articles/20080811/ahead-of-the-bell-ciena.htm Mon, 11 Aug 2008 08:56:23 EDT The weak economy is catching up to the telecom industry, analysts said Wednesday, slashing ratings on half a dozen equipment suppliers and an operator. http://www.ibtimes.com/articles/20080716/sector-snap-telecom-suppliers-downgraded.htm Wed, 16 Jul 2008 10:36:28 EDT The president and chief executive of Ciena Corp. exercised options for 3,840 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080606/ciena-president-ceo-exercises-options.htm Fri, 06 Jun 2008 11:56:01 EDT The Standard & Poor's 500 index closed higher Thursday as Wall Street cheered stronger-than-expected May retail sales data and a dip in jobless claims last week. http://www.ibtimes.com/articles/20080605/s-p-500-leaders-and-laggards-bf-a-cien.htm Thu, 05 Jun 2008 17:04:42 EDT Shares of Nucor Corp. posted the biggest jump on the Standard & Poor's 500 Index at midday after the steel maker raised its second-quarter profit outlook, helping drive the index higher Thursday. http://www.ibtimes.com/articles/20080605/midday-leaders-laggards-s-p-500.htm Thu, 05 Jun 2008 13:24:35 EDT Among the earnings stories for Thursday, June 5, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080605/earnings-roundup-smithfield-foods-ciena.htm Thu, 05 Jun 2008 10:26:30 EDT Communications-equipment maker Ciena Corp. said Thursday its second quarter profit jumped 83 percent, helped by big boosts in revenue for both products and services. http://www.ibtimes.com/articles/20080605/ciena-2q-profit-jumps-83-percent.htm Thu, 05 Jun 2008 09:51:30 EDT