Why Finisar Corporation Stock Fumbled 30% in 2014
Leo Sun, The Motley Fool - Motley Fool - Tue Nov 04, 5:20PM CST
Fiber optics components maker Finisar had a dismal 2014. Its stock has plunged 30% since the beginning of the year due to ongoing concerns about declining margins. But after that big drop, the stock is only trading at 11 times forward earnings,...
FNSR: 17.22 (+0.24), JDSU: 13.63 (+0.21), CIEN: 16.62 (+0.23), CSCO: 25.33 (+0.07)
Finisar Down 14.1% Since SmarTrend Downtrend Call (FNSR)
Comtex SmarTrend(R) - Mon Nov 03, 9:57AM CST
SmarTrend identified a Downtrend for Finisar (NASDAQ:FNSR) on June 13th, 2014 at $19.57. In approximately 5 months, Finisar has returned 14.08% as of today's recent price of $16.82.
FNSR: 17.22 (+0.24)
Finisar (FNSR) Downgraded From Buy to Hold
at The Street - Mon Nov 03, 8:32AM CST
Finisar (FNSR) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
FNSR: 17.22 (+0.24)
Finisar's 5.0% Convertible Senior Note Holders Elect to Convert Outstanding $40 Million of Notes Into Shares of Common Stock Prior to Redemption Date
Marketwired - Wed Oct 29, 3:03PM CDT
Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, announced that, prior to scheduled redemption, the holders of all of the Company's outstanding $40 million principal amount 5.0% Convertible Senior Notes due 2029 voluntarily converted such Notes into shares of Finisar commmon stock. Finisar had previously announced that it intended to redeem all such outstanding Notes on October 29, 2014. The Notes were converted at the rate of 93.6768 shares of Finisar's common stock for each $1,000 principal amount of Notes, or a conversion price of approximately $10.68 per share, in accordance with the existing terms of the Notes. An aggregate of aproximately 3.75 million shares of Finisar commmon stock were issued upon such conversion. Such issuance will not increase the number of Finisar fully diluted shares outstanding for financial reporting purposes as such shares were included in the number of Finisar fully diluted shares outstanding in the Company's most recent Quarterly Report on Form 10-Q.
FNSR: 17.22 (+0.24)
Infinera Stock Pops After Q3 Beat, Raised Outlook
at Investor's Business Daily - Thu Oct 23, 11:25AM CDT
Infinera stock soared to a more than six-year high Thursday after the fiber-optics parts maker posted Q3 earnings late Wednesday that blew past estimates and raised its Q4 guidance. Sunnyvale, Calif.-based Infinera (INFN) saw its stock rise 25% in...
FNSR: 17.22 (+0.24), AAOI: 15.73 (-0.22), JDSU: 13.63 (+0.21), CIEN: 16.62 (+0.23), INFN: 13.99 (+0.21)
Finisar Has Returned 20.2% Since SmarTrend Recommendation (FNSR)
Comtex SmarTrend(R) - Fri Oct 17, 5:03PM CDT
SmarTrend identified a Downtrend for Finisar (NASDAQ:FNSR) on June 13th, 2014 at $19.57. In approximately 4 months, Finisar has returned 20.18% as of today's recent price of $15.62.
FNSR: 17.22 (+0.24)
Communications Equipment Stocks Technical Insight - Brocade Communications Systems, F5 Networks, Riverbed Technology, Finisar, and Palo Alto Networks
PR Newswire - Wed Oct 15, 8:15AM CDT
Investor-Edge has initiated coverage on the following equities: Brocade Communications Systems Inc. (NASDAQ: BRCD), F5 Networks Inc. (NASDAQ: FFIV), Riverbed Technology Inc. (NASDAQ: RVBD), Finisar Corporation (NASDAQ: FNSR), and Palo Alto Networks Inc. (NYSE: PANW). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, October 14, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 16,315.19, down 0.04% and the NASDAQ Composite closed at 4,227.17, up 0.32%. The S&P 500 finished the session 0.16% higher at 1,877.70. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 621.11, up 0.28%, with the index advancing 6.09% on YTD basis. Register for your complimentary reports on these five stocks at:
FNSR: 17.22 (+0.24), RVBD: 18.79 (+0.04), FFIV: 126.66 (+1.45), PANW: 107.02 (+0.91), BRCD: 10.91 (-0.01)
Finisar Shares Down 23.5% Since SmarTrend's Sell Call (FNSR)
Comtex SmarTrend(R) - Fri Oct 10, 11:09AM CDT
SmarTrend identified a Downtrend for Finisar (NASDAQ:FNSR) on June 13th, 2014 at $19.57. In approximately 4 months, Finisar has returned 23.51% as of today's recent price of $14.97.
FNSR: 17.22 (+0.24)
Finisar Announces Redemption of 5.0% Convertible Senior Notes Due 2029
Marketwired - Thu Oct 09, 3:00PM CDT
Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, announced today that it has given notice of its intention to redeem all of the outstanding 5.0% Convertible Senior Notes (the "Convertible Notes"
FNSR: 17.22 (+0.24)
Shares of FNSR Down 13.8% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Oct 03, 9:53AM CDT
SmarTrend identified a Downtrend for Finisar (NASDAQ:FNSR) on June 13th, 2014 at $19.57. In approximately 4 months, Finisar has returned 13.85% as of today's recent price of $16.86.
FNSR: 17.22 (+0.24)
Finisar First to Publically Demonstrate Complete End-to-End 50 Gb/s Optical Interface Using Silicon Photonics at ECOC 2014
Marketwire - Mon Sep 22, 2:47AM CDT
Finisar Corporation (NASDAQ: FNSR) today announced the industry's first demonstration of a 50 Gb/s optical interface using silicon photonics technology. The technology concept shows both 40G and 50G NRZ-based transceiver modules running error-free on a single wavelength over single-mode fiber (SMF), complimenting Finisar's previously demonstrated 40G and 50 Gb/s VCSEL technology over multi-mode fiber (MMF). Finisar's technology demonstration will be on display at ECOC 2014 from September 22-24 at the Palais des Festivals in Cannes, France, at Finisar's booth #412.
FNSR: 17.22 (+0.24)
Finisar Demonstrates Next-Generation ROADM Technology Offering Industry's Highest Resolution, Accuracy, and Flexibility at ECOC 2014
Marketwire - Mon Sep 22, 2:44AM CDT
Finisar Corporation (NASDAQ: FNSR), a world leader in flexible optical technology, today demonstrated several new products for high-speed optical networking applications, including a low profile dual Wavelength Selective Switch (WSS) and high-resolution Optical Channel Monitor (OCM) that enable the design of next-generation ROADM linecards. Finisar continues to invest in developing technology to increase link density, performance, and efficiency in telecom networks. Demonstrations will take place at ECOC in Finisar's booth #412 at the Palais des Festivals in Cannes, September 22-24, 2014.
FNSR: 17.22 (+0.24)
When to Buy Volatile Fiber Optic Stocks Ciena, Finisar -- and Get In on the Global Internet Boom
at The Street - Wed Sep 17, 12:57PM CDT
Fiber optic stocks can give you a way into the global Internet expansion. But these stocks require planning about when to buy them. Here's how.
FNSR: 17.22 (+0.24), CIEN: 16.62 (+0.23)
3 Value Stocks You Should Have on Your Radar
Sean Williams, The Motley Fool - Motley Fool - Sat Sep 13, 7:00PM CDT
Just as we often examine companies that may be rising past their fair values, we can also find companies trading at what may be bargain prices. While many investors would rather have nothing to do with stocks wallowing at 52-week lows, I think it...
FNSR: 17.22 (+0.24), MLI: 32.92 (+0.33), FLY: 12.76 (+0.02)
Why Finisar (FNSR) Could Be Positioned for a Slump - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Sep 12, 7:35AM CDT
Finisar is one such stock that can be considered to drop as it has witnessed a significant price decline and has seen negative earnings estimate revisions
AMBA: 47.14 (+1.13), FNSR: 17.22 (+0.24), AVX: 14.14 (-0.05), AVGO: 85.04 (-2.59)
Finisar Rises 5.78% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Sep 11, 4:06PM CDT
Finisar (NASDAQ:FNSR) traded in a range yesterday that spanned from a low of $18.21 to a high of $18.77. Yesterday, the shares gained 5.8%, which took the trading range above the 3-day high of $17.52 on volume of 7.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FNSR: 17.22 (+0.24)
Why Analysts Like the JDS Uniphase (JDSU) Spin Off
at The Street - Thu Sep 11, 1:43PM CDT
Analysts are welcoming the company's Wednesday filing that indicates it plans to separate into two publicly traded companies.
FNSR: 17.22 (+0.24), JDSU: 13.63 (+0.21), AVGO: 85.04 (-2.59)
Zacks Rank #5 Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 8:30AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Wednesday
FNSR: 17.22 (+0.24), FUN: 47.70 (+0.08), GLF: 31.36 (+1.49), AVH: 14.29 (+0.06), CBD: 40.40 (+0.25)