Stock quotes in this article: CIENCiena (CIEN) is down some 17% so far today after the firm reported fiscal fourth-quarter results that looked good, but lowered guidance going forward.The company said it earned $0.42 per share on revenues of $692 million in the latest period, beating
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Blame the market's recent pullback on oil getting crushed. Blame it on commodities getting crushed. Blame it on slowing growth in China. Blame it on profit taking. Blame it on your dog. All the above reasons are just sideshows and lame excuses.The truth is that the market's recent selloff is due to
It's all systems go for a Federal Reserve rate hike!The U.S. Labor Department reported this morning that we added 211,000 nonfarm jobs in November, with the unemployment rate staying flat at 5% and average wage growth in-line with expectations at 0.2%.The patting of backs and popping of champagne bo
In less than an hour we will get the data that the U.S. Federal Reserve has been waiting for ahead of their last FOMC meeting of 2015. The employment report for November will be released at 8:30 a.m. ET and the pundits and economists are expecting about 200,000 nonfarm payroll additions and a flat u
Stock quotes in this article: KANGThis story has been updated to add Meinian's response today to iKang's move.Chinese medical company iKang Healthcare Group (KANG) has unveiled a "poison-pill" plan to prevent a "hostile and malicious" takeover by a consortium led by archrival Meinian