Ciena Corporation (NYSE:CIEN), the network specialist, announced unaudited financial results for its fiscal second quarter ended April30, 2014. For the fiscal second quarter 2014, Ciena reported revenue of $560.0 million as compared to $507.7 million for the fiscal second quarter 2013.Ciena Corporation (NYSE:CIEN) net profit margin is -2.50% and weekly performance is 12.85%. On last trading day company shares ended up $22.48. Analysts mean target price for the company is $27.80. Ciena Corporation (NYSE:CIEN) distance from 50-day simple moving average is 11.37%.
Nokia Corporation (ADR) (NYSE:NOK) is buying Australian radio specialist Mesaplexx for an undisclosed sum to help further shrink its basestations. Mesaplexx specializes in advanced radio frequency (RF) filters, a technology used in every basestation. RF filters help reduce transmit and receive noise at the basestation, ensuring that spectrum can be shared within the same area and that the same antenna can serve to send and receive signals. Nokia Corporation (ADR) (NYSE:NOK) shares advanced 2.81% in last trading session and ended the day on $8.04. NOK Gross Margin is 42.10% and its return on assets is -4.50%. Nokia Corporation (ADR) (NYSE:NOK) quarterly performance is 2.81%.
Alcatel Lucent SA (ADR) (NYSE:ALU) is offering convertible bonds which are exchangeable for its shares. The company will have to reimburse $1,750 million in the Senior Secured Credit Facility for which it is offering the bonds.Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved up 3.65% in last trading session and was closed at $3.98, while trading in range of $3.88-$3.99. Alcatel Lucent SA (ADR) (NYSE:ALU) year to date performance is -9.55%.
QUALCOMM, Inc. (NASDAQ:QCOM) announced that its wholly-owned subsidiary Qualcomm Technologies, Inc. is expanding its Quick Charge ecosystem. NTT DOCOMO, INC., a personalized mobile solutions provider for smartphone and tablet users in Japan will have the opportunity to take advantage of Quick Charge 2.0’s rapid charging capabilities. QUALCOMM, Inc. (NASDAQ:QCOM) ended the last trading day at $79.66. Company weekly volatility is calculated as 0.89% and price to cash ratio as 8.09. QUALCOMM, Inc. (NASDAQ:QCOM) showed a negative weekly performance of -0.14%.
JDS Uniphase Corp. (NASDAQ:JDSU) recently announced that they would be engaging in a $100 million share buyback program. This move has been prompted by the steady decline of the share value at the courses. JDS Uniphase Corp (NASDAQ:JDSU) net profit margin is 5.80% and weekly performance is -1.87%. On last trading day company shares ended up $11.00. Analysts mean target price for the company is $14.36. JDS Uniphase Corp (NASDAQ:JDSU) distance from 50-day simple moving average is -10.16%.