Ciena Corporation news

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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.
Cloud application architectures: When to redesign an app for the cloud
But in the past few years, cloud providers have seen businesses gain more confidence in the technology, and now many customers are looking to apply the cloud's cost savings, agility and elasticity to business applications that are tied directly to a ...
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 ...
Hewlett-Packard Sales Slump Shows CEO Whitman's Challenge
The fiscal third-quarter loss of $8.86 billion includes a writedown for the enterprise-services unit and reflects a 10 percent decline in PC revenue.
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 ...