Ciena Corp., which makes networking equipment for AT&T Inc. and Verizon Communications Inc., jumped the most in 18 months and helped push competitors’ stocks higher with a surprise first-quarter profit.
Ciena Corp., a maker of communications-network equipment, tumbled the most in more than three years after reporting a wider-than-projected loss and forecasting lower revenue than analysts had estimated.
Aug. 24 (Bloomberg) -- Gary Smith, executive director of the American Academy, a research group in Berlin that promotes trans-Atlantic ties, discusses Europe's debt woes and the consequences for President Barack Obama's bid for re-election. He talks from Berlin with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
In 1989, France’s Francois Mitterrand and Britain’s Margaret Thatcher maneuvered to block German reunification. Their concerns that the expanded nation would prove an irresistible force are now coming to pass.