Telecom-equipment maker, Ciena Corporation (NASDAQ: CIEN) reported on Wednesday that fiscal third quarter loss narrowed as the bottom line was bolstered by higher revenue and wider margin. Shares rallied as both revenue and earnings beat analysts’ expectations. In addition, the Company also handed strong guidance for the current quarter. The Company anticipates revenue of $550 [...]
Shares of Ascena Retail Group Inc. (NASDAQ: ASNA) slumped about 10.30% by afternoon trade. The specialty retailer missed analysts’ estimates for the fiscal third quarter. Ascena Retail said on Wednesday that it earned (non-GAAP income) 26 cents a share compared to 34 cents a share, in the year earlier quarter. Net sales jumped 46% to [...]
Networking equipment and software solutions provider, Ciena Corporation (NASDAQ: CIEN) said on Thursday that fiscal second quarter loss narrowed, aided by higher revenue and improved gross margin. [...]
Shares of Ciena Corporation (NASDAQ: CIEN), a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic, have surged in trading today after the company reported its financial results for the first quarter ended January 31, 2013. [...]
Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock. [...]
Shares of Ciena Corp. (NASDAQ: CIEN), a manufacturer of dense wavelength division multiplexing systems, rose sharply in trading today after the company announced its fourth-quarter financial results. [...]
Shares of Time Warner Inc. (NYSE: TWX), media and entertainment company operating in three segments; Networks, Filmed Entertainment and Publishing, are up sharply in early trading today. At last check, TWX shares were trading 3.48% higher at $44.61 on volume of 1.82 million. The stock hit an intra-day high of $45.14. [...]
Shares of Sarepta Therapeutics Inc. (NASDAQ: SRPT), a biopharmaceutical company focused on rapidly advancing the development of its disease-modifying Duchenne muscular dystrophy drug candidates, surged in trading today. [...]
Shares of Ciena Corporation (NASDAQ: CIEN) surged on Thursday after the Linthicum, Maryland-based company said that its second-quarter loss narrowed as revenue rose 14%. [...] |
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