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CIEN 23.24
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Ciena Falls After FBR Capital Downgrades Stock
Aug. 14 (Bloomberg) -- Ciena Corp., a maker of equipment and software for telecommunications and cable providers, fell the most in a month after an FBR Capital Markets analyst downgraded the stock, citing increased competition.
Stocks Drop With Euro as Spain Delays Bailout Decision
Intel Corp., Caterpillar Inc. and Cisco Systems Inc. dropped more than 1.5 percent to lead declines in 28 of 30 stocks in the Dow Jones Industrial Average, which tumbled 106.77 points to 13,000.71.
U.S. Stock Futures Drop on Euro-Area Economic Report
Ciena Corp., a maker of communications-network equipment, tumbled 20 percent after reporting a wider-than-projected loss and forecasting lower revenue than analysts had estimated.
Cloud UC strategies: Hosted unified communication service models diverge
As the company became more focused on its Azure cloud platform, its UC position has evolved from "UC-as-an-application" to "UC-as-a-cloud element.
Private money to fund Detroit recreational centers, keeping 17 open
Lear Corp. has pledged $5 million over a 10-year period; General Motors Foundation has donated $2 million; and $3 million in Community Development Block Grant funds has been pledged.
Power Assure to help emerging-market data centers monetize carbon credits
The companies are able to do this because a new data center energy-consumption baseline and monitoring methodology developed by the United Nations is based on two Power Assure products, the company said. Power Assure's EM/4 Dynamics Power ...
Cincinnati Bell's Q2 wireline growth driven by Fioptics, Cyrus One revenues
Company operating income was $65 million compared to $78 million in Q2 2011, while net income of $5 million resulted in diluted earnings per share of 1 cent compared to 5 cents in the second quarter of 2011, both down from 2011 due primarily to a $13 ...
Primus Telecom buys Globility Communications to expand Canadian presence
Primus Telecommunications Group, Inc. (NYSE: PTGI), a provider of communications services in the U.S. and Canada, says it has acquired the 54.4% of Canadian service provider Globility Communications Corp. that it did not already own, giving PTGI ...
DDoS: AT&T isn't the only carrier at risk of attack
"My company has been without internet for nearly 24 hours...this includes email, obviously," a commenter said in a related FierceTelecom article.
AT&T wireline union workers in East, West regions go on strike
Last month, AT&T reached a tentative agreement with the CWA union covering wireline workers in both the AT&T Midwest region and AT&T Corp (CWA Communications and Technologies unit). To date, the telco said it has completed agreements almost ...