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Week ending March 31: Losses mostly contained to large-cap stocks.
Tuesday morning Alcatel- Lucent ALU announced that its fourth-quarter results would come in well below expectations. While the magnitude of the firm's sales and earnings shortfall comes as a surprise, it does not change our take on the company. Since the Alcatel- Lucent merger was originally ...
On Friday, Adtran ADTN released an update on its third quarter, saying it expects sales to be flat with the second quarter. The company had originally expected a seasonal increase in spending from telecom carriers to occur in this quarter. Despite this disappointment, our fair value estimate is ...