International Business News - OPTM 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 Finisar Corp. said Friday it completed its acquisition of Optium Corp., which also makes fiber-optic network products. Finisar named Eitan Gertel, Optium's chairman and chief executive, as CEO and a member of its board, effective immediately. http://www.ibtimes.com/articles/20080829/finisar-closes-optium-buyout.htm Fri, 29 Aug 2008 17:19:54 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 Shares of Finisar Corp. traded sharply lower Friday after the company posted a fourth-quarter loss and said it expected 2009 revenue to come in below Wall Street expectations. http://www.ibtimes.com/articles/20080613/finisar-shares-slip-on-4q-results-guidance.htm Fri, 13 Jun 2008 19:24:16 EDT Among the stock activity stories for Monday, May 19, from AP Financial News: NEW YORK (AP) _ Shares of MasTec Inc. surged on Monday after an analyst said the industrial contractor is poised to gain from strong demand in a number of different segments and raised his price target. http://www.ibtimes.com/articles/20080519/movers-roundup-mastec-trico-marine-services.htm Mon, 19 May 2008 18:51:07 EDT Shares of Opnext Inc., which makes fiber-optic communication network products, jumped Monday following an upgrade on news that rival Finisar Corp. is buying Optium Corp. in a deal analysts say is positive for the entire optical components sector. http://www.ibtimes.com/articles/20080519/opnext-shares-jump-after-jpmorgan-upgrade.htm Mon, 19 May 2008 14:47:36 EDT Shares of Finisar Corp. and Optium Corp. continued rising in premarket trading on Monday after the communications device makers announced a $212 million merger. http://www.ibtimes.com/articles/20080519/ahead-of-the-bell-finisar-optium-rise-after-deal.htm Mon, 19 May 2008 09:23:22 EDT Among the stock activity stories for Friday, May 16, from AP Financial News: NEW YORK (AP) _ Shares of wireless network component maker Finisar Corp. jumped Friday after analysts lauded its $212 million buyout of telecommunications component maker Optium Corp., and its better-than-anticipated fourth-quarter outlook. http://www.ibtimes.com/articles/20080516/movers-roundup-finisar-cash-america.htm Fri, 16 May 2008 18:16:55 EDT Shares of wireless network component maker Finisar Corp. jumped Friday after analysts lauded its $212 million buyout of telecommunications component maker Optium Corp., and its better-than-anticipated fourth-quarter outlook. http://www.ibtimes.com/articles/20080516/finisar-jumps-on-4q-sales-outlook-optium-deal.htm Fri, 16 May 2008 17:09:00 EDT Wireless network component maker Finisar Corp. said Friday it expects its fiscal fourth-quarter sales to beat Wall Street forecasts. The company anticipates sales for the period ended April 30 of approximately $120 million, well above the $113.4 million average forecast from analysts polled by Thomson Financial. http://www.ibtimes.com/articles/20080516/finisar-expects-4q-sales-to-beat-wall-street-view.htm Fri, 16 May 2008 09:47:32 EDT Wireless network component maker Finisar Corp. said Friday it will buy Optium Corp., which makes telecommunication equipment, in an all-stock deal worth approximately $211.7 million. http://www.ibtimes.com/articles/20080516/finisar-to-buy-optium-corp-for-212-million.htm Fri, 16 May 2008 09:03:59 EDT Shares of makers of optical communications equipment were mixed Wednesday afternoon after an analyst said problems from 2007 will likely spill over into 2008, but investors may still find some worthy stocks in the sector. http://www.ibtimes.com/articles/20080305/sector-snap-optical-equipment-makers.htm Wed, 05 Mar 2008 12:54:45 EST