Ciena quarterly loss narrows as sales rise
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Telecommunications equipment maker   Ciena Corp. CIEN.O on Thursday reported a narrower quarterly   loss as sales rose to phone companies upgrading their networks   to handle growing demand for Internet and video services.
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Home furnishings retailer Pier 1 Imports Inc. said Wednesday its second-quarter loss widened on lower sales and various charges.
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Circuit City Stores Inc.  on Friday reported a narrower quarterly loss from continuing operations as sales of higher-margin warranties and improved distribution helped offset weak merchandise sales.
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Circuit City Stores Inc. CC.N on  Friday posted a narrower quarterly loss from continuing  operations but said its outlook was cautious for the current  quarter, which includes the holiday shopping season.
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By Deborah Cohen CHICAGO  - Telecommunications equipment makerCiena Corp.  on Thursday reported a wider loss for thefiscal third quarter due to slack demand and forecast sales inthe current quarter would be little changed from the thirdquarter.
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CIT Group Inc. , a consumer and commercial finance company, posted a second-quarter loss on Wednesday and cut its earnings forecast for the rest of the year as it exits home lending.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) on Friday reported a narrower quarterly loss as it kept a tight rein on expenses and sales of digital
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Printing services company R.R. Donnelley and Sons Co.  on Tuesday said its fourth quarter loss narrowed as sales increased and restructuring and impairment charges fell.
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Communications equipment maker Ciena Corp.  reported a better-than-expected quarterly profit on Thursday on sharply higher revenue and lower expenses, sending its shares up 7 percent.
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Circuit City Stores Inc. CC.N on  Friday reported a narrower quarterly loss as it kept a tight  rein on expenses and sales of digital televisions and notebook  computers rose, sending its stock up 5 percent.
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Network computer maker Sun Microsystems Inc. (SUNW.O: Quote, Profile, Research) on Thursday posted a narrower quarterly loss as revenue rose year over year for the
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Reported profit of $44 million for third quarter over a loss of $31 million a year ago and predicts 10% increase in sales for the 4th quarter.
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Personal computer maker Gateway Inc.  on Thursday posted a net loss that narrowed from a year earlier and bettered its own forecast, helped by higher PC sales and lower costs.
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Jewelry retailer Zale Corp. said its loss widened to &#36;10.9 million in its third quarter despite a slight rise in revenue.
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Dillard's Inc. DDS.N on Wednesday  reported a narrower quarterly loss as it cut costs, but a drop  in same-store sales caused the latest results to miss Wall  Street's estimates by a wide margin.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) on Friday posted a narrower quarterly loss from continuing operations but said its outlook was cautious for the
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Health insurer Cigna Corp. on Wednesday posted a higher quarterly profit as it saw growth in its health care segment and recognized a gain on the sale of its retirement benefits business.