INGATE

From The Sip Trunking Experts

TMCNet:  Finisar Tumbles After Being Downgraded & Nikkei Slips From 32-Month High -- Finspreads

[January 21, 2013]

Finisar Tumbles After Being Downgraded & Nikkei Slips From 32-Month High -- Finspreads

LONDON, Jan 21, 2013 (MARKETWIRE via COMTEX) -- Finspreads: Shares in the optical module maker Finisar Corp tumbled at the close of trading on Friday (January 18th), after it was downgraded by investment bank Jefferies and Co, who said that demand for the company's optical communication components are set to suffer from the imminent release of products from Intel and Cisco. Intel announced that silicon-phonotics technology for data centres was to become available in the near future, a move which some analysts believe will have a negative impact on Finisar.


Intel's willingness to integrate silicon phonotics could prove popular with many businesses, as it will reportedly allow much higher data transfers between processors and devices than with traditional technology manufactured by Finisar, meaning less hardware would be required; reducing building and operation costs.

Jefferies and Co has subsequently downgraded Finisar's stock from 'hold' to 'underperform,' halving its price target to $7.50.

At the close of trading on the Nasdaq, Finisar saw its shares fall to $13.98, a drop of 10.27 per cent.

Nikkei slips from 32-month high Shares in Japan fell at the close of trading today (January 21st), with the Nikkei 225 slipping from a 32-month high.

The drop comes after the yen climbed against the dollar after hitting its lowest level in two-and-a-half years, with a policy decision expected from the Bank of Japan tomorrow.

A rising yen has hit some of the country's biggest exporters. Nissan Motor Co, whose biggest market is North America, dropped 1.5 per cent. Fanuc Corp slipped 3.9 per cent after its rating was cut at Citigroup Inc.

The decision of Apple to reduce orders of screens for its iPad has dealt another blow to suppliers such as Sharp, who saw its shares fall by 3.8 per cent.

Learn about the markets and find spread betting tips at Finspreads.

About Finspreads: Finspreads pioneered browser-based spread betting in the UK in 1999 by being the first provider in the industry to offer real time spread betting access via a browser.

Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

SOURCE: Finspreads

[ Back To SIP Trunking Home's Homepage ]

Loading
Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner


Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.