|Bid||9.85 x 16000|
|Ask||9.98 x 2000|
|Day's Range||9.85 - 10.06|
|52 Week Range||5.61 - 10.93|
|PE Ratio (TTM)||12.27|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.28|
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Oclaro, Inc.
Cisco Systems, Inc. (NASDAQ:CSCO) is up around 11% since it announced earnings in February, bringing its market cap to $218 billion. Could CSCO stock be trading like a tech stock again? For most of the 2010s, Cisco has been trading like an income stock, something you buy for its dividend yield.
Finisar continues to be the consensus bet for a company in the optical-fiber sector to make acquisitions, experts say.
With an ROE of 24.63%, Oclaro Inc (NASDAQ:OCLR) outpaced its own industry which delivered a less exciting 6.84% over the past year. While the impressive ratio tells us that OCLRRead More...
The following statement is being issued by Levi & Korsinsky, LLP:
NEW YORK , March 13, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Oclaro, Inc. ("OCLR" or the ...
Lumentum Holdings Inc (NASDAQ: LITE ) reached an agreement to acquire Oclaro Inc (NASDAQ: OCLR ) in a deal that makes "strong strategic sense" for the companies and highlights the longer-term ...
Shares of Oclaro (NASDAQ: OCLR) surged nearly 28% on Monday, after the fiber optic component maker's larger rival, Lumentum (NASDAQ: LITE), agreed to buy it in an $1.8 billion deal. Lumentum will pay $9.99 ...
NEW YORK, NY / ACCESSWIRE / March 13, 2018 / U.S. markets were mixed Mondays as concerns over a potential trade war overshadowed Friday's jobs data. The Dow Jones Industrial Average declined 0.62 percent ...
Innovations in Performance, Size, Density and Power Consumption Achieved Through Oclaro's Superior Laser and Indium Phosphide Technology SAN JOSE, Calif. , March 13, 2018 /PRNewswire/ -- Oclaro, Inc . (NASDAQ: ...
One analyst believes the $1.8 billion deal may spark an era of consolidation in the field of fiber-optic communications.
The S&P 500 and the Dow Jones Industrial Average slumped on Monday as the U.S. tariffs signed into law last week by President Donald Trump weighed on industrials, though gains in tech stocks boosted the Nasdaq. Shares of companies such as Boeing Co, down 2.9 percent, and Caterpillar Inc, down 2.4 percent, have been under pressure as Trump's protectionist stance on steel and aluminum imports could increase costs and hamper sales abroad.
Stocks that moved substantially or traded heavily Monday: Broadcom Ltd., up $9.06 to $262.84 The Wall Street Journal reported that Intel might make an offer for Broadcom. Goldman Sachs Group Inc., up $2.61 ...
The stock market was mixed in afternoon trading Monday as the Nasdaq composite continued to assert leadership.
The S&P 500 and the Dow Jones Industrial Average fell on Monday as worries about the metal tariffs signed into law last week by President Donald Trump weighed on industrial stocks. Shares of companies such as Boeing Co, down 2.6 percent, and Caterpillar Inc, down 2.3 percent, have been under pressure as Trump's protectionist stance on steel and aluminum imports could increase costs and hamper sales abroad.
Lumentum Holdings (LITE) this morning said it will purchase Oclaro (OCLR) for $9.99 per share in cash and stock, including $5.60 a share and 0.0636 of a share of Lumentum for each Oclaro share. Oclaro stock is up $2.16, or 27%, at $10.01, Lumentum is up $3.59, or 5%, at $72.55, and Finisar (FNSR), Lumentum’s biggest competitor, is up $1.18, or 6%, at $20.49, a reprieve from a rough week of earnings news and downgrades last week. Acacia Communications (ACIA) is up $2.64, or 6%, at $44.87, and NeoPhotonics (NPTN) is up 52 cents, over 7%, at $7.69. One of the only down names is Fabrinet (FN), down $1.26, or almost 4%, at $32.58.
The Dow Jones Industrial Average fell about half a percent on Monday as worries about the impact of President Donald Trump's decision to impose metal tariffs continued to weigh on industrial stocks including Boeing and Caterpillar. Shares of the United States' big manufacturers have been under pressure as Trump's protectionist stance on steel and aluminum imports could increase costs and hamper sales abroad.