CIENA News

Filed under: Major movement , Bristol-Myers Squibb , S and P 500 , MBIA Inc Standard & Poor's is performing some end-of-year cleanup on its benchmark index, the S&P 500 Index .

After years of trials, Verizon has lit its first 100-gigabit-per-second link on a live commercial network, the company announced today, as it prepares to convert the vast majority of its North American long-haul network from 10-Gb/s to 100 Gb/s. Verizon provisioned what it calls a 'true' 100G link between routers on its private IP network in the ...

Shares of Ciena Corp. took a hit Monday after Standard & Poor's announced the telecommunications equipment maker would be replaced by Visa Inc.

Facts? If such a thing ever really existed with NT financials! Anyway, it's not like you need to go through the national archives, NT has always broken revenue and OM by segment.

Area stocks mostly gained Friday as the Hearst/Bloomberg Southwest Connecticut Index was up 0.54 to 105.47. Shares of some 44 companies with headquarters or major operations in the Fairfield County area rose, while 22 fell and 12 remain unchanged.

The Bank of England left its key lending rate at 0.5% and kept in place its bonds purchase plan.

Citigroup Up Citigroup ticked up 1.6% this morning on reports that the bank is planning a stock offering - and then slid back down again.

NEW YORK, Dec 11, 2009 /PRNewswire via COMTEX/ -- S&P will make the following changes to the S&P 500, S&P MidCap 400 and SmallCap 600 Indices after the close of trading on Friday, December 18: -- Mead Johnson Nutrition Co.

Nokia Corp. is teaming with New Alliance to expand its mobile phone service offerings in China.

U.S. stock futures headed higher on Thursday, as investors looked past worse-than-forecast weekly jobs data as Citigroup reportedly prepared to buy out the government's stake in the lender.

Barring unforeseen disaster, tech vendor shares are set for a strong finish for 2009, but mixed financial news shows that IT still faces hurdles on the way to economic recovery.

The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: Eli Lilly & Co., up $1.54 to $35.02 Earnings per share could grow more than 10 percent in 2010, the drug maker said, but analysts were wary of its drug pipeline.

Ciena Corp posted a wider-than-expected quarterly loss due to rising costs, sending its shares down 4.8 percent in early trade despite revenue that handily beat Wall Street estimates.

U.S. stock futures advanced Thursday ahead of data that could show a decline in weekly jobless claims.

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It's not a direct lineage, but Fiberlane founder Raj Singh, formerly a kingpin of optical networking, has worked his way into mobile apps.

Every night on "Mad Money," Jim Cramer offers market commentary and general investment advice, and he makes calls on specific stocks, both of his own choosing and in response to viewer requests.

Didn't it seem as if that Metro Ethernet Networks auction ended anticlimactically? Worry no more.

Bankruptcy courts in Delaware and Ontario approved the deal over objections by Finnish rival Nokia Siemens Networks, which said that it would be willing to pay $810 million in cash for the business with its partner, One Equity Partners.

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 10:45 a.m. in New York.