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BloggingStocks (Free subscription) | 11/25/2009
Filed under: Ciena Corp (CIEN) , Stocks to Buy Ciena Corp.'s ( CIEN ) stock has underperformed since the May 19, 2009 Buy recommendation at $11.27, but I'm sticking with the shares. Here's why: Much of the selling in broadband/bandwith play CIEN's shares has occurred ahead of its December 10 Q4 earnings report, and given that CIEN is likely to post year-over-year improving results despite a loss for...
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The Washington Business Journal (Free subscription) | 11/25/2009
Standard & Poor’s Ratings Services has downgraded Ciena Corp.’s credit rating from B+ to B following its winning $769 million bid for a portion of Nortel Networks. (CIEN)
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The Baltimore Business Journal (Free subscription) | 11/25/2009
Standard & Poor’s Ratings Services has downgraded Ciena Corp.’s credit rating from B+ to B following its winning $769 million bid for a portion of Nortel Networks. (CIEN)
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bizjournals (Free subscription) | 11/25/2009
Standard & Poor’s Ratings Services has downgraded Ciena Corp.’s credit rating from B+ to B following its winning $769 million bid for a portion of Nortel Networks. (CIEN)
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Jim Cramer's Mad Money (Free subscription) | 11/25/2009
Jim Cramer’s Mad Money Stock Picks for Tuesday November 24 2009. These are all of Jim Cramer’s stock picks that are a Buy! I bold my picks. Buy: Chesapeake Energy (CHK) Heartware International (HTWR) Riverbed Technologies (RVBD) JPMorgan Chase (JPM) Cloud Peak Energy (CLD) RF Micro Devices (RFMD) Tellabs (TLAB) CIENA (CIEN) People’s Bank (PBCT) Flextronics (FLEX) Deckers Outdoor (DECK)...
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eWeek (Free subscription) | 11/25/2009
Bankrupt Nortel Networks is selling off another piece of its business, this time its GSM/GSM-R unit to Telefon AB and Kapsch CarrierCom. The announcement comes days after Nortel sold its optical networking and carrier Ethernet businesses to Ciena. Nortel, which declared bankruptcy earlier this year, is looking to sell off all of its assets. - Days after announcing the sale of its optical networking...
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Data Center Knowledge (Free subscription) | 11/25/2009
A roundup of industry news from Ciena, Nortel, Equinix (EQIX), Hibernia Atlantic and Rackspace (RAX).
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Baltimore Sun (Free subscription) | 11/25/2009
Economies are about nurturing future as well as conserving past C iena Corp. won't fill the hole in the metro-Baltimore economy left by the sale of Black & Decker. Not any time soon.
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The Inquisitr (Free subscription) | 11/25/2009
Toronto, Ontario (AHN) – Ciena Corporation was declared on Monday as the winning bidder for Nortel Network’s optical networking and carrier Ethernet businesses. Ciena’s winning bid was $530 million cash, plus $239 million principal amount of convertible notes due June 2017. Aside from the buy-out, a minimum of 2,000 Nortel workers would have the chance to [...]
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Radon Mitigation Pittsburgh (Free subscription) | 11/24/2009
( EMAILWIRE.COM , November 24, 2009 ) Dallas, TX - Ramtron International (NASDAQ:RMTR) plunged 11.17% to $1.83. The stock hit an intraday high and an intraday low of $2.20 and $1.82 respectively. In the last six months the stock went up over 72%. Ramtron International Corporation designs, develops and markets specialized semiconductor memory, microcontroller and integrated semiconductor solutions used...
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The Street (Free subscription) | 11/24/2009
NEW YORK (TheStreet) - - Believe in Ciena and believe in the Nortel deal.
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24/7 Wall St. (Free subscription) | 11/24/2009
Ciena Corp. (NASDAQ: CIEN) is trading higher today, a day after its the weakness on the announced buyout of the Nortel assets. Continuing to pick on it about the risks, the leverage, and the potential inversion of the balance sheet can’t be said anymore than what was written yesterday at Investorplace.com. It is possible that [...]
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Market Watch (Free subscription) | 11/24/2009
SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Tuesday lowered Ciena Corp.'s corporate credit rating to B from B+ and kept it on CreditWatch with negative implications, indicating that there could be additional downgrades in the future. The move follows an announcement that Ciena will buy Nortel Networks' metro ethernet business for $769 million. "The rating action reflects...
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Cnet (Free subscription) | 11/24/2009
Nortel Networks will sell another piece of its business for $769 million as part of its bankruptcy proceedings, which require it to dismantle its business.
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newsletter archive (Free subscription) | 11/24/2009
100G Ethernet cheat sheet; Ciena will pay $769M for Nortel's metro Ethernet business Network Architecture Alert NetworkWorld.com | Update Your Profile | Forward this to a Friend > > > Sponsored by Data Domain VMware Data Backup and Recovery Best Practices VMware offers extraordinary benefits, but it can come at the cost of extra storage, backup resources and administrative challenges. Data...
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aarkstore | 10/21/2009
This Report looks at the how traffic generated on Telco networks will be dominated by video services and how networks will need to be restructured using optical technology to cope with the increase in unicast services. Table of Contents : 1 Executive Summary 7 1.1 Network Requirements 7 1.2 Layer 1 IP Networking and TelcoTV 8 1.3 Layer 2 Ethernet Networking 8 1.4 Basics of Optical Networking 9 1.5...
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