On Monday, Shares in Asia frequently dropped down, after weak reports on Chinese manufacturing emphasized growth worries, but also raised prospect of monetary easing by Beijing.
In the U.S., the Institute of Supply Administration is to publicize data on manufacturing activity. The country will also make a report on personal proceeds and expenditure.
On Friday, failures in the Utilities, Consumer Goods and Technology sectors piloted U.S. shares lower.
On Friday, Following shares among tech sector were strugglers. Their comprehensive data (along with latest news and profile) is described underneath:
Unisys Corporation, (NYSE:UIS), declined -13.25% to $21.93, during its last trading session, soon after the company stated fourth-quarter 2014 net income of $61.8 million or $1.24 per diluted share, counting $18.1 million of pension expense. Not including pension expense, non-GAAP diluted earnings per share was $1.60. In the comparable period in 2013, the company reported diluted earnings per share of $2.37, and non-GAAP diluted earnings per share of $2.82. Fourth-quarter 2014 income declined 9% to $906 million from $996 million in the fourth quarter of 2013. On a constant currency basis, fourth-quarter 2014 income declined 6%.
Unisys Corporation, (UIS), provides information technology (IT) services, software, and technology for clients worldwide. The company operates in two segments, Services and Technology.
JDS Uniphase Corp, (NASDAQ:JDSU), dipped -8.34% to close at $12.15, during its last trading session, following the news that the company stated results for its fiscal second quarter ended December 27, 2014. GAAP net income was $437.1 million, with net loss of $(25.1) million, or $(0.11) per share. Prior quarter net income was $433.6 million, with net loss of $(9.7) million, or $(0.04) per share. Net income for fiscal second quarter 2014 was $447.6 million, with GAAP net income of $8.8 million, or $0.04 per share.
JDS Uniphase Corp, (JDSU), provides network and service enablement solutions and optical products worldwide. The organization’s Network and Service Enablement segment offers network and service enablement solutions that enable the design, development, deployment, and maintenance of communication equipment and networks.
Emulex Corporation, (NYSE:ELX), dropped -7.26% to $6.26, during its last trading session, as Emulex recently declared earnings results for the second quarter of fiscal 2015 ending December 28, 2014.
- Total income of $111 million, above the high end of the initial guidance range, aided by strong sequential and year-on-year growth in Gen 5 (16Gb) Fibre Channel products.
- Non-GAAP diluted earnings of $0.24, up 14% year-on-year, and GAAP earnings of $0.06 as contrast to a prior year loss of $0.05, both above their respective initial guidance range.
Emulex Corporation, (ELX), provides network connectivity, monitoring, and administration products for networks that support enterprise, cloud, government, and telecommunications worldwide.
Ciena Corporation, (NYSE:CIEN), plunged -4.59% to settle at $18.52, during its last trading session, in response to the news that Nebraska Medicine, a leader in oncology, cardiology and neurology services along with organ and transplant services, is replacing its legacy network with a private enterprise network powered by Ciena’s packet networking and converged packet optical solutions. The new network will connect five geographically dispersed facilities and enable Nebraska Medicine to utilize bandwidth-intensive applications. The healthcare provider will be able to take advantage of technology advances like digital breast tomosynthesis (DBT) machines that assist detect early stages of breast cancer, and also provide improved services in cardiology, radiology and other areas of medicine where improved digital imaging is essential.
Ciena Corporation, (CIEN), provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and administration of voice, video, and data traffic on communications networks worldwide.
