With the trends seen lately in communications equipment and data providers because of telecom spending dropping, it is no huge surprise that the short selling has been increasing in some of the…
Nokia (NOK) Company says its market share will drop. Shares fall to $19.25 from 52-week high $42.22. Exelon (EXC) Weal guidance. Sells off to $65.40 from 52-week high of $92.13. Silver Standard…
Terex Corporation (TEX) Bad guidance. Drops to $37.12 from 52-week high of $91.21. Hecla Mining (HL) Price of silver down. Sells off to $5.79 from 52-week high of $13.14. The Manitowoc Company…
Shares in Ciena (CIEN), a communications equipment company, fell 25% today to a new 52-week low of $13. The period high was $49.55. As part of its earnings announcement, Ciena said the…
Douglas A. McIntyre Ciena Corporation (NASDAQ: CIEN) has come out with earnings and posted a 7% drop in non-GAAP EPS to $0.37 EPS on a 24% revenue rise to $253.2 million. First Call had estimates…
Douglas A. McIntyre These are not all of the analyst upgrades or positive calls, but these are some of the calls we are seeing with a possible impact on shares early Monday morning: Beacon Roofing…
Geo Group (GEO) Drops full-year outlook. Down to $18.47 from 52-week high of $32.93. Teekay (TK) Market unhappy with quarterly results. Falls to $33.13 from 52-week high of $62.61. Abercrombie & Fitch…
Western Refining (WNR) Snag at one of the company’s units and falling oil prices gang up. Drops to $6.47 from 52-week high of $58.95. KBR (KBR) Rough earnings numbers. Down to $22.94…
These aren’t all of the downgrades or negative analyst calls we have seen this Wednesday, but these are some of the impact analyst calls we are seeing: ADC Telecommunications (NASDAQ: ADCT) Cut…
These are some of the preliminary upgrades or positive research calls seen out of Wall Street analysts this Monday morning in early morning hours: Ciena (NASDAQ: CIEN) raised to Market Perform at…
Ciena Corp. (NASDAQ: CIEN) is one of the few bright spots out there in the market this morning. The company beat earnings expectations by posting $0.47 EPS and revenues were up over…
Douglas A. McIntyre Palm (PALM) Already weak company in the same sector as iPhone, Dragged down by bad news from Apple (AAPL). Falls to $4.25 from 52-week high of $19.50. Human Genome Sciences (HGSI) Clinical…
AAPL started as Buy at BMO Capital.AVR cut to Neutral at JPMorgan.BIOF cut to Neutral at JPMorgan.CHIC cut to Neutral at JPMorgan.CIEN raised to Neutral at UBS.COO cut to Underperform at Bear…
AMD started as Underweight at Morgan Stanley.APH started as Buy at B of A.ARW started as Neutral at B of A.AVGN started as Neutral at Credit Suisse.AVT started as Neutral at B…
Ciena (CIEN) network specialist, announced results for its fiscal third quarter ended July 31, 2007. Revenue for the third quarter totaled $205.0 million, an increase of 34.4% over the same period a…
Douglas A. McIntyre 