Optical transport systems vendor Ciena Corporation (NYSE:CIEN) says it has complemented its terrestrial trials of 200-Gbpsoptical transmission via 16-QAM with an undersea cable network test. The company partnered with the Japan-U.S. Cable Network to transmit 200G signals over a 630-km submarine network segment along the U.S. West Coast. Ciena Corporation (NYSE:CIEN) shares after opening at $20.45 moved to $21.08 on last trade day and at the end of the day closed at $20.56 . Company price to sales ratio in past twelve months was calculated as 1.00 and price to cash ratio as 5.08. Ciena Corporation (NYSE:CIEN) showed a positive weekly performance of 5.44%.
Ericsson (ADR) (NASDAQ:ERIC) has released its 21st Sustainability and Corporate Responsibility report, which summarised its performance during 2013. Ericsson (ADR) (NASDAQ:ERIC) shares fell -5.54% in last trading session and ended the day on $12.28. ERIC return on equity ratio is recorded as -0.60% and its return on assets is -0.30%. Ericsson (ADR) (NASDAQ:ERIC) yearly performance is 10.33%.
Alcatel Lucent SA (ADR) (NYSE:ALU) has agreed to provide Elisa with the extra broadband capacity and other services and applications it need to meet its growing demands. Elisa, being based in Finland, has witnessed a huge increase in mobile usage. Apparently, it has one of the largest customer usages in the world. Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved up 2.30% in last trading session and was closed at $4.01 while trading in range of $3.95 – $4.02 – Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is -8.86%.
Nokia Corporation (ADR) (NYSE:NOK) and Microsoft’s deal will officially close April 25, and at that time the hardware division Nokia is selling to Redmond will get a rebrand, according to a new leaked memo (via Mashable). It’s not that surprising that Microsoft would opt for something closer to home with its new mobile division, and it’s gone with the straightforward route in picking a new name: Microsoft Mobile. Nokia Corporation (ADR) (NYSE:NOK) weekly performance is 2.10%. On last trading day company shares ended up $7.30. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -2.48%. Analysts mean target price for the company is $8.01.