Needham & Company Reiterates Buy on Oclaro (OCLR) Despite ZTE 'Debacle'

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Teledyne LeCroy, Coherent Solutions, Anritsu and Oclaro showcase latest 400G test platform at OFC 2016

March 8, 2016 5:55 PM EST

CHESTNUT RIDGE, N.Y., RICHARDSON, Texas, AUCKLAND, New Zealand, and SAN JOSE, Calif., March 8, 2016­ /PRNewswire/ -- Teledyne LeCroy, Anritsu Company, Coherent Solutions Ltd. and Oclaro, Inc. (NASDAQ: OCLR) today announced a new joint effort to demonstrate the highest performance single-carrier 16QAM signal generation and analysis capabilities available at 56Gbaud. The demonstration of the partners' latest optical communications test equipment platform takes place at OFC 2016 in Anaheim, CA, USA in the Teledyne LeCroy booth #1115.... More

Oclaro Issues Statement Regarding U.S. Department of Commerce Ruling on ZTE

March 8, 2016 8:30 AM EST

SAN JOSE, Calif., March 8, 2016 /PRNewswire/ -- Oclaro, Inc. (Nasdaq: OCLR), a leading provider and innovator of optical communications solutions, today provided a statement regarding the publication by the United States Department of Commerce in the Federal Register of a "final rule" amending the Export Administration Regulations to add four entities to the "Entity List" maintained by the Department for actions contrary to the national security and foreign policy interests of the United States, including Zhongxing Telecommunications Equipment Corporation and its subsidiary, ZTE Kangxun Telecommunications Ltd., or ZTE.  These amendments became effective... More