This week’s EMC World 2014 event in Las Vegas will feature a new solution developed by Brocadeand Ciena Corporation (NYSE:CIEN) that provides dynamic resource provisioning for cloud networking. With these capabilities, service provider and enterprise organizations can benefit from a more agile and automated cloud data center infrastructure for greater IT agility and dynamic cloud application performance. For example, many businesses, such as retailers during holiday shopping or promotions, must manage unpredictable peak workloads. Ciena Corporation (NYSE:CIEN) net profit margin is -2.5% and weekly performance is -4.19%. On last trading day company shares ended up $18.52. Analysts mean target price for the company is $27.99. Ciena Corporation (NYSE:CIEN) distance from 50-day simple moving average (SMA50) is -15.35%.
Palo Alto Networks, Inc. (NYSE:PANW) announced that it will release its financial results for its third quarter of fiscal year 2014 ended April 30, 2014 after U.S. markets close on Wednesday, May 28, 2014. Palo Alto Networks will host a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Palo Alto Networks Inc (NYSE:PANW) shares fell -1.85% in last trading session and ended the day on $58.51. Gross Margin is 73.20% and its return on assets is -11.60%. Palo Alto Networks Inc (NYSE:PANW) quarterly performance is -11.02%.
Adobe Systems Incorporated (NASDAQ:ADBE) announced Adobe Voice, a new animated video app for iPad that gives anyone the ability to create and share engaging video stories. Adobe Voice empowers people to inform, persuade or inspire others to action by using a combination of their own recorded voice, imagery, music and cinema-quality motion graphics and effects. Adobe Systems Incorporated (NASDAQ:ADBE) shares moved up 0.86% in last trading session and was closed at $59.59, while trading in range of $58.17 – $59.61. Adobe Systems Incorporated (NASDAQ:ADBE) year to date (YTD) performance is -0.48%.
Calix, Inc. (NYSE:CALX) announced revenue for the first quarter of 2014 was $85.8 million, a decrease of 5.2 percent compared to $90.5 million for the first quarter of 2013. Calix Inc (NYSE:CALX) ended the last trading day at $7.87. Company weekly volatility is calculated as 3.03% and price to cash ratio as 5.27. Calix Inc (NYSE:CALX) showed a negative weekly performance of -7.52%.