|Bid||0.00 x 900|
|Ask||0.00 x 4000|
|Day's Range||21.54 - 22.00|
|52 Week Range||15.81 - 24.77|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Trump administration officially added Huawei to a trade blacklist on Thursday, enacting restrictions that will make it difficult for the tech giant to do business with American firms, in its latest broadside against the company that U.S. officials have labeled a threat to national security. The head of Huawei's HiSilicon chip division on Friday shrugged off concerns about disruptions to supply, saying it has long been preparing for this kind of "extreme scenario". Huawei will aim to be technologically "self-reliant" going forward, He Tingbo said in a letter to staff.
WASHINGTON/BEIJING (Reuters) - A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question prospects for sales at some of the largest tech companies and drew a sharp rebuke from Beijing, further ratcheting up tensions over trade. Shares of Huawei's U.S. suppliers fell on fears the Chinese firm would be forced to stop buying American chips, software and other components after the Trump administration banned it from buying U.S. technology without special approval.
Finisar Corp NASDAQ/NGS:FNSRView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for FNSR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FNSR had net inflows of $565 million over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Be prepared for a shorter list of companies to choose from this quarter. Market holidays will prevent trading in much of Asia, where a large portion of the iPhone maker’s suppliers are based. The Shanghai Stock Exchange will be closed through May 4 for Labour Day and the Hong Kong Stock Exchange won’t reopen until May 2.
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Moody's Investors Service ("Moody's") assigned first time ratings to the debt of II-VI Incorporated ("II-VI"): Corporate Family Rating ("CFR") of B1 and Probability of Default Rating ("PDR") of B1-PD, a B1 rating to the Senior Secured Credit Facilities (individually the "Revolver", "Term Loan A," and "Term Loan B," collectively the "Credit Facilities"), and a Speculative Grade Liquidity ("SGL") rating of SGL-2. The rating outlook is stable.
The Dow Jones Industrial Average and the Nasdaq marched in lock step as U.S. and China stocks rallied sharply. Telecom stocks are advancing.
Finisar (FNSR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Finisar Corporation (FNSR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The stock market rally is shrugging off resistance. Fiber-optic stocks are looking good. Ciena is just below a buy, Viavi, Inphi are in buy zones. Fabrinet, Acacia, Finisar are acting well.
Apple has released an update on its spending in the U.S. According to the company, Apple is now working with 9,000 different companies in the U.S. Those companies mostly work on hardware components and chipsets for Apple’s devices. You may remember that Apple announced last year it would spend $390 million to expand Finisar’s production in the U.S. Finisar has been working on a key component for the iPhone and iPad Pro — the TrueDepth camera system. In 2018 alone, Apple spent $60 billion, which represents a 10 percent increase compared to 2017.
Ciena (CIEN) aims to bolster revenues and profitability in fiscal 2019 and beyond with the state-of-the-art solution offerings.