Provider of network solutions Ciena Corporation (NYSE:CIEN), based in the US, reported on Thursday GAAP net loss of USD15.9m, or USD0.15 per common share, for the first quarter of fiscal 2014, ended 31 January 2014. Ciena Corporation (NYSE:CIEN) stock opened at $26.09 in last session, and closed at $24.46, while the day range of Ciena Corporation (NYSE:CIEN) stock is $23.80 – $27.16. The stock showed a positive weekly performance of -2.63%.
QUALCOMM (NASDAQ:QCOM)‘s stock had its “buy” rating reaffirmed by analysts at Sterne Agee in a research report issued to clients and investors on Thursday, Stock Ratings Network reports. They currently have a $76.67 price target on the stock, down from their previous price target of $82.00. Sterne Agee’s price objective would indicate a potential downside of 0.43% from the company’s current price. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $77.00 in last session, and closed at $77.00 by gaining 0.43%. The 52 week range of $59.02 – $77.18. Company’s market capitalization is $129.98 billion.
Nokia Corporation (ADR) (NYSE:NOK) may be offloading its devices division to Microsoft Corporation (NASDAQ:MSFT) very soon, but that hasn’t stopped speculations about its next devices from flying. Nokia Corporation (ADR) (NYSE:NOK) stock increased 0.39% and finished the last session at $7.82. The EPS of the stock remained -0.15. Company’s market capitalization is $29.03 billion.
Alcatel Lucent SA (ADR) (NYSE:ALU) is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers. It is also engaged in mobile, fixed, Internet Protocol (IP) and optics technologies, applications and services. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened the session at $4.28, and closed the session at $4.21. The 52 week range of the Alcatel Lucent SA (ADR) (NYSE:ALU) stock remained $1.27 – $4.68 and the day range was $4.18 – $4.30.
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