Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 4, 2013  Wed 7:31 AM CT

CIEN: SEE CHART GET CHAIN FIND STRATEGIES

Earnings Crush Street Expectations

Ciena earned $0.23 a share in its third quarter, crushing the $0.16 average analyst forecast. Revenue of $538.4 million also beat the Street's $533.5 million number, and guidance was strong going forward. CIEN climbs 9 percent before the opening bell on my tradeMONSTER platform.

Fat Premium For Rochester Medical

C.R. Bard agreed to purchase Rochester Medical for $262 million. The deal values the company at $20 a share and will expand BCR's urology business. ROCM rockets 44 percent on the news.

Francesca's Hammered by Weak Results

Francesca's Holdings reported second-quarter earnings of $0.33 on sales of $89.6 million. Analysts had expected $0.35 and $94.5 million, respectively. Management also cut guidance, citing challenging conditions. FRAN drops 18 percent in early trading.

 

Share this article with your friends


Related Stories

CIEN

Call buyers target Ciena rebound

October 22, 2014

The telecom-gear manufacturer is trying to rebound from its lowest price in almost two years, and the bulls are piling in.

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER