Ciena shares tumble after disappointing sales outlook
Shares of Ciena(CIEND)tumbled 12% in premarket trade Thursday, after the telecom-equipment maker's disappointing fiscal fourth-quarter outlook overshadowed better-than-expected third-quarter results.
Mobileye N.V. (MBLY) said it had net income of $0.2 million, or breakeven on a per-share basis, in the second quarter ended June 30, compared with $4 million, or 2 cents a share, in the same period a year ago.
MetLife Inc. announced Thursday that the Financial Stability Oversight Council has preliminarily determined that the insurance company is systemically important and subject to greater government oversight.
By Shelly Banjo
Home Depot Inc. Chief Executive Frank Blake addressed the possible credit card breach at the company for the first time Thursday, although he stopped short of confirming that an actual breach occurred.
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