Finisar Schedules Conference Call for Preliminary Fiscal Fourth Quarter Results June 12, 2007
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Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, has scheduled the release of its preliminary fiscal fourth quarter financial results for the period ended April 30, 2007, at the close of market on Tuesday, June 12, 2007.
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Banks in the Middle East will announce  losses from exposure to the U.S. subprime mortgage crisis when  they report fourth-quarter earnings, the Middle East Economic  Digest (MEED) reported, citing bankers.
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Please be advised that The Aerospace  Corporation will issue an important announcement early Wednesday,  June 20.
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SAN FRANCISCO (CBS.MW) -- Labor problems will intrude on the Magic Kingdom in the next week, days ahead of Walt Disney Co.&#39;s fiscal fourth-quarter earnings report.
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To: TECHNOLOGY EDITORS  Contact: Jim Dobbs of Augusta Systems, Inc., +1-304-599-3200, ext. 114, jdobbs@augustasystems.com   PITTSBURGH, June 12 /PRNewswire/ -- In an effort to bolster security and monitoring capabilities at the upcoming 2007 U.S.
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BOZEMAN, Mont., Feb. 5  /PRNewswire-FirstCall/ -- RightNow(R) Technologies  today announced that Greg Gianforte, Chairman and CEO, will keynote the Credit Suisse Disruptive Technology Conference on Thursday, February 8, 2007, at 8:00 a.m. PT in San Francisco, CA.  Mr.
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SAN JOSE, Calif., Feb. 6  /PRNewswire-FirstCall/ -- Foundry Networks(TM), Inc. , today announced the following upcoming financial community events:    -- February 7, 2007 -- Thomas Weisel Partners Technology Conference      Location:  San Francisco, CA      Time: 9:10 a.m.
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Internet Capital Group (NASDAQ:ICGE) will release the financial results  for its fourth quarter and financial year ended December 31, 2006 on  Friday, February 16, 2007, before the market opens.
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ST. LOUIS, Jan. 31  /PRNewswire-FirstCall/ -- Sigma-Aldrich Corporation , will hold its quarterly conference call to discuss fourth quarter results on Wednesday, February 14, 2007, at 11:00 a.m. Eastern Time (10 a.m. Central Time).
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EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer  of defense, aerospace and industrial electronic devices and  communications equipment, today announced that it will broadcast its  stockholders' meeting of February 14, 2007.
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Zones, Inc. (Nasdaq: ZONS), will release its fourth quarter 2006  operating results on Thursday, February 8, 2007 after market close.  Management will host a corresponding conference call and live webcast  Friday, February 9, 2007 at 11:30 a.m. ET (8:30 a.m. PT).
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The pharmaceutical firm releases fourth-quarter financials.
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Microsoft&#39;s $1.2 billion acquisition bid for Oslo-based Fast Search and Transfer and a dour report on Amazon marked the new year&#39;s first full trading week in the United States, as technology company share prices continued to slide.The increase in tech share prices that occurred in 2007 -- a banner year for IT company earnings -- appears to be in danger of evaporating, as fears of a general downturn and bad news on the consumer front resound among industry insiders. U.S. Federal Reserve Chief Ben Bernanke&#39;s announcement on Thursday that he would move to cut interest rates to spur growth provided only a temporary halt to a decline in the Nasdaq Composite Index, which closed Friday at 2,440, down 212 points from its close at the end of 2007.This week, investment banking firm Goldman Sachs forecast that the United States will suffer a recession this year. Company analyst David Kostin reduced his recommendation for the amount of technology stocks that investors should keep in their portfolios, from 19 percent to 15 percent.Investors usually like to keep a good percentage of their holdings in tech stocks to hedge their bets. IT companies are truly global, with major U.S. vendors earning about 50 percent of their revenue outside their home countries.But inside the United States, tech companies are getting hit with a double whammy: a predicted weakening of consumer spending because of falling home prices and a resulting crisis in financial markets. Up to 18 percent of U.S. and global tech spending comes from financial companies, according to Forrester Research.Turmoil in the financial markets will likely dampen tech buyouts from private equity investors, according to the 451 Group&#39;s Tech Banking Outlook Survey, released this week. But that might not stop cash-rich technology companies from continuing to shop for deals, it noted.On Tuesday,&#160;Microsoft announced that it would buy enterprise search software company Fast Search And Transfer&#160;for 6.6 billion Norwegian kroner ($1.2 billion). Microsoft said it will integrate Fast Search&#39;s high-end search technologies into its enterprise infrastructure offerings, including SharePoint Server 2007 business productivity platform.Microsoft is locked in a search battle with Google, not just for general Web searches but also for businesses. Fast Search shares got an immediate boost on the Oslo exchange, where its price jumped from 13.35 kroner to close at 18.80 kroner Tuesday. The deal did not keep Microsoft shares from sliding in a generally down market for tech, however.On the consumer side, investors were particularly spooked by comments on Tuesday from AT&amp;T CEO Randall Stephenson, who said the company has had to stop servicing an increasing number of customers who did not pay their bills. The company closed Tuesday at $39.07, down by $1.96 for the day.The news did not bode well for other technology companies that sell to consumers. Citing uncertainty about U.S. consumer spending, American Technology Research Monday put a &quot;sell&quot; rating on Amazon, which then on Tuesday fell by $2.66 to close at $85.22 on the Nasdaq.Even companies that received positive reports from analysts this week were slammed by the general market slide. Lazard Capital Markets started its coverage of virtualization-software darling VMware, which had a successful IPO last month, by issuing a &quot;buy&quot; rating on Tuesday. VMware&#39;s share price jumped by $5.39 to close at $79.89 Wednesday, but slid back to $77.53 by the end of the week.
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Finisar Corporation (NASDAQ: FNSR), a technology leader for fiber optic components and network test and monitoring systems, and the University of New Hampshire's InterOperability Laboratory (UNH-IOL), today announced the offering of SANMark testing for 4 Gigabit Fibre Channel products.
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Beating analysts&#39; expectations and citing strong performance worldwide, SAP released preliminary fourth-quarter financial results on Monday, showing revenue will be about &#8364;3.25 billion ($4.8 billion), a rise of 10 percent compared to the same period last year.
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JACKSONVILLE, Fla., Feb. 9  /PRNewswire-FirstCall/ -- Interline Brands, Inc.  ("Interline" or the "Company") will hold a conference call February 23, 2007, at 9:00 a.m. Eastern Time to discuss its fourth quarter and fiscal year 2006 financial results.
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Hines Horticulture, Inc. (NASDAQ: HORT), a leading operator of  commercial nurseries in North America, will hold its quarterly  conference call to discuss fourth quarter results on Wednesday, March 7,  2007, at 4:45 p.m. Eastern Time (3:45 p.m. Central Time).