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ADC Telecommunications Profit Drops 9%; Revenue Up; Lowers Earnings Guidance, Article Posted on BeaconEquity.com

(EMAILWIRE.COM, September 05, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘ADC Telecommunications Profit Drops 9%; Revenue Up; Lowers Earnings Guidance' Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on...

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ADC shares up after reassuring earnings report

Shares of ADC Telecommunications Inc. rebounded Friday, erasing a few days of losses, after the maker of telecommunications gear reported quarterly results in line with expectations and announced a buyback program.

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ADC stock rises as forecast beats estimates

Shares of ADC Telecommunications Inc. rose 11 percent Friday after the Eden Prairie maker of phone networking equipment projected annual sales that slightly topped analysts' estimates. After the market closed Thursday, ADC predicted revenue of as much as $1.52 billion for the year ending in October. That compares with the average $1.51 billion estimate of 13 analysts in a Bloomberg survey....

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Ciena 3Q Net Falls 59%; Warns of Further Weak Orders

... fell 25% to $13.07. Other telecom vendors were affected. Juniper Networks fell 6% to $23.72, ADC Telecommunications Inc. (ADCT) 5.2% to $9.18. Networking titan Cisco Systems fell 4.6% to $22.24.The Dow Jones Wilshire U.S. Technology Index fell 2.6% Thursday.Smith warned the delays were coming from the top-tier carriers. In the last annual report, Ciena said Sprint Nextel Corp. (S)...