Needham & Company Reiterates Buy on Infinera (INFN) Following a 3Q Beat and Raise

Go back to Needham & Company Reiterates Buy on Infinera (INFN) Following a 3Q Beat and Raise

Pre-Open Stock Movers 10/28: (CMI) (HOT) (CAB) (AIG) (AAPL) Higher; (MCUR) (AKAM) (ICPT) Lower (more...)

October 28, 2015 9:31 AM EDT

Macrocure Ltd. (NASDAQ: MCUR) 63.8% LOWER; announced that results from a pivotal Phase 3 multicenter, randomized, double-blind, parallel-group, sham-controlled study (MC-102) of CureXcell® in the treatment of diabetic foot ulcers (DFUs) did not meet its primary endpoint. CureXcell, the Company's lead product candidate, did not show a statistically significant proportion of subjects with complete closure at 16 weeks and sustained complete closure for four additional weeks. In addition, CureXcell did not meet the secondary endpoints of the study.

Vocera Communications (NYSE:... More

After-Hours Movers 10/27: (VCRA) (NOC) (CRUS) Higher; (AKAM) (TWTR) (RAD) Lower (more...)

October 27, 2015 6:26 PM EDT

Vocera Communications (NYSE: VCRA) 25.5% HIGHER; reported Q3 EPS of ($0.04), $0.05 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $26.5 million versus the consensus estimate of $24.96 million.

Akamai Technologies (NASDAQ: AKAM) 14% LOWER; reported Q3 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $551 million versus the consensus estimate of $550.29 million. Provides weak outlook.

Twitter (NYSE: TWTR) 13.1% LOWER; reported Q3 EPS... More

Infinera (INFN) Tops Q3 EPS by 5c

October 27, 2015 4:24 PM EDT

Infinera (NASDAQ: INFN) reported Q3 EPS of $0.22, $0.05 better than the analyst estimate of $0.17. Revenue for the quarter came in at $232.5 million versus the consensus estimate of $225.05 million.

For earnings history and earnings-related data on Infinera (INFN) click here.

... More

UPDATE: Ciena (CIEN) Defended at Raymond James

October 27, 2015 11:34 AM EDT

(Updated - October 27, 2015 3:04 PM EDT)

Ciena (NYSE: CIEN) was defended at Raymond James after it was targeted in a short report earlier by Off Wall Street. Analyst Simon Leopold address several concerns, including carrier capex, threat from Infinera (NASDAQ: INFN) and white box, and margins trends. Concerns were described as "unfounded, oversimplified, or incorrect."

"While we have all known that carrier capital expenditures are weak and declining in 2015, Cienas portion is faring better, and more... More

Trading Radar for 10/26: Apple (AAPL), Twitter (TWTR), Alibaba (BABA), Comcast (CMCSA), Pfizer (PFE) Report

October 26, 2015 2:16 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Durable Orders - Street sees (1.3%)

9:00am EDT

Case-Shiller 20-City Index - Street sees 5.0%

Earnings:

AIXTRON SE (Nasdaq: AIXG) - consensus loss $0.08
AK Steel (NYSE: AKS) - consensus loss $0.23
AVX Corp. (NYSE: AVX) - consensus EPS $0.20
Active Power (Nasdaq: ACPW) - consensus loss $0.02... More