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CIEN 19.16 -0.15 (-0.78%)
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Ciena Tumbles After Sluggish Economy Crimps Sales, Widens Loss
Aug. 30 (Bloomberg) -- Ciena Corp., a maker of communications-network equipment, tumbled the most in more than three years after reporting a wider-than-projected loss and forecasting lower revenue than analysts had estimated.
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Ciena Falls After FBR Capital Downgrades Stock
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.
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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.
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AMD Unveils Teraflop GPU with ECC Support
They are based on AMD's new Graphics Core Next Architecture, which according to the company is their �first design specifically engineered for general computing.
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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.
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MEMS enable 'human body on a chip'
As part of the Microphysiological Systems program at DARPA, the MIT-led effort will enlist the cooperation of the Charles Stark Draper Laboratory, MatTek Corp. and Zyoxel Ltd. The National Center for Advancing Translational Sciences at NIH will also ...
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Delusions about 'conflict-free' minerals
However good its intentions, Congress has only waded into an issue it barely understands and passed laws that while looking good on paper constitute a nightmare for folks on the ground mining the minerals as well as company executives trying to avoid a ...
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Visteon pays former CEO severance worth more than $12 million
But that offer was blocked by South Korea's National Pension Service, which said it would prefer to sell its 8.1% stake to Mando Corp., another South Korean supplier. Visteon in July also ended an agreement to sell the majority of its interiors ...
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Vringo's Mission: Take On The Patent Bullies
Following recent coverage of Vringo's (NASDAQ:VRNG) entry and subsequent expansion into the patent monetization space, I caught up with Vringo COO Alex Berger and Executive VP Cliff Weinstein to chat about the company's mission, including the ...
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Steven Reiner Urges Scientists to Tell Their Stories
A lifelong journalist, Reiner started his career writing and editing for newspapers and magazines. Later he moved into broadcasting, becoming an Emmy award-winning producer for the CBS TV show, �60 Minutes,� and executive producer of National Public ...