Opnext OPXT

… consensus of $164M and $0.32. Fabrinet manufactures optical components for JDS Uniphase ( JDSU ), Oclaro ( OCLR ), Opnext ( OPXT ), and others. FN -10% AH. ( PR ) Post your comment!

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… Oclaro ( OCLR ) announced its intention to acquire Opnext ( OPXT ). Opnext shareholders will receive 0.42 shares of Oclaro when ..... GAAP profitability, something that both Oclaro and Opnext have struggled to achieve independently. Looking further …

… Up initially following its all-stock acquisition of Opnext ( OPXT +47.8% ), Oclaro ( OCLR -7.1% ) is now lower ..... could be having an impact. That, in turn, has brought Opnext shares down to $1.67, well below the $1.96 price …

Premarket gainers: OPXT +55% . WNC +9% . ISTA +8% . DANG +5% . RBS +3% . ARNA +3% . LEN +3% . Losers: MAPP -17% . MMR -16% . APOL -6% . NBG -6% . TOT -6% . OCLR -3% . EXPE -3% . HEK -3% . EXXI -3% . Post your comment!

* Opnext shareholders to get 0.42 Oclaro shares for every Opnext share

March 26 (Reuters) - Optical components maker Oclaro Inc will buy smaller rival Opnext Inc in a stock deal valued at about $177 million.

… rival optical component vendor Opnext ( OPXT ) in an all-stock deal that values Opnext at $1.96/share, or ..... shares of its stock for every Opnext share outstanding. Many have ..... consolidation . OCLR +2.2% AH. OPXT halted. FNSR +0.9 …