BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Worst 10-year performers: Ciena Corporation's still waiting for that telecom turnaround]]>http://www.bloggingstocks.com/2008/08/01/worst-10-year-performers-ciena-corporations-still-waiting-for/http://www.bloggingstocks.com/2008/08/01/worst-10-year-performers-ciena-corporations-still-waiting-for/http://www.bloggingstocks.com/2008/08/01/worst-10-year-performers-ciena-corporations-still-waiting-for/#commentsFiled under: , , , ,

In this series, we take a look at the 25 stocks on the S&P 500 Index (SPX) that have turned in the worst performance during the past decade -- what went wrong, and what happens next.

Among telecom stocks that got smacked during the past decade, Ciena Corporation (NASDAQ: CIEN) took the hardest hit -- at least, among those companies that still exist in the same incarnation. Yes, that comment was directed at you, Alcatel-Lucent (NYSE: ALU).

Other telecom losers on our roster include Qwest Communications (NYSE: Q), JDS Uniphase (NASDAQ: JDSU), and Tellabs, Inc. (NASDAQ: TLAB) -- the latter of which also plays a key role in the forthcoming Ciena saga.

What went wrong? At number 3 on our list of SPX laggards, CIEN lost 90% of its value in the decade that ended June 30, 2008. The stock peaked at a split-adjusted $1,057 in October 2000, a zenith that marked the top of a steep ascent. The equity's ensuing plunge would be just as dramatic.

Continue reading Worst 10-year performers: Ciena Corporation's still waiting for that telecom turnaround

Worst 10-year performers: Ciena Corporation's still waiting for that telecom turnaround originally appeared on BloggingStocks on Fri, 01 Aug 2008 13:14:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ATTCIENCiena CorporationCienaCorporationtelecomTellabsFri, 01 Aug 2008 13:14:00 EST<![CDATA[Closing bell: Retail and tech ignore woes and oil gains]]>http://www.bloggingstocks.com/2008/06/05/closing-bell-retail-and-tech-ignore-woes-and-oil-gains/http://www.bloggingstocks.com/2008/06/05/closing-bell-retail-and-tech-ignore-woes-and-oil-gains/http://www.bloggingstocks.com/2008/06/05/closing-bell-retail-and-tech-ignore-woes-and-oil-gains/#commentsFiled under: , , , ,

Shares were higher today after the weekly jobless claims were reported as 357,000, down 18,000 from last week. While new claims are down, the four week average of those filing for benefits was up to 3.086 million, the highest level since March 2004. The good news is that the markets largely ignored that S&P downgrade of bond insurers today. The stock market even ignored a $5.00 rise per barrel in oil today. Here are the unofficial closing levels today:

DJIA 12,598.10 (+207.62)
S&P500 1,403.30 (+26.10)
NASDAQ 2,549.94 (+46.80)
10YR-TNote 4.03% +(0.09%)
52-WEEK LOWS
TOP 10 ANALYST CALLS

Broadcom Corp. (NASDAQ: BRCM) was an example of just how strong today was by being up almost 3% at $28.90 late in the day. If you read trough the co-founder and former CEO's indictment charges you might think shareholders would have gone the other way.

Continue reading Closing bell: Retail and tech ignore woes and oil gains

Closing bell: Retail and tech ignore woes and oil gains originally appeared on BloggingStocks on Thu, 05 Jun 2008 16:09:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alltellbond insurersBondInsurersbroadcomciena corporationCienaCorporationverizon wirelessVerizonWirelessThu, 05 Jun 2008 16:09:00 EST<![CDATA[Market highlights for next week: Monthly sales due out]]>http://www.bloggingstocks.com/2008/05/30/market-highlights-for-next-week-monthly-sales-due-out/http://www.bloggingstocks.com/2008/05/30/market-highlights-for-next-week-monthly-sales-due-out/http://www.bloggingstocks.com/2008/05/30/market-highlights-for-next-week-monthly-sales-due-out/#commentsFiled under: ,

Monday, June 2
Tuesday, June 3

Continue reading Market highlights for next week: Monthly sales due out

Market highlights for next week: Monthly sales due out originally appeared on BloggingStocks on Fri, 30 May 2008 16:56:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bludciena corporationCienaCorporationcooper companiesCooperCompaniesimmucormedicine companyMedicineCompanyFri, 30 May 2008 16:56:00 EST