Product Launches, Financial Results, Supplier Agreements, Acquisitions and Meeting Weather Community Needs - Research Report on Qualcomm, Ciena, Alcatel, Harris, and Ericsson
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NEW YORK, September 10, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting QUALCOMM Incorporated (NASDAQ: QCOM), CIENA Corp. (NASDAQ: CIEN), Alcatel-Lucent, S.A. (NYSE: ALU), Harris Corp. (NYSE: HRS), and Ericsson (NASDAQ: ERIC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
QUALCOMM Incorporated Research Report
On September 4, 2013, Qualcomm Inc. (Qualcomm) announced that its wholly-owned subsidiary, Qualcomm Connected Experiences, Inc., will release a Qualcomm branded smartwatch, the Qualcomm Toq (talk), in Q4 2013. According to Qualcomm, the smartwatch will feature key technologies necessary to deliver unique experiences on wearable devices. Dr. Paul E. Jacobs, Chairman and CEO of Qualcomm commented, "Toq not only represents a long history of technological innovation for Qualcomm, but it also demonstrates our commitment to delivering the breakthrough technologies that redefine the ways we interact with each other and the world around us." The Full Research Report on Qualcomm Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1222_QCOM]
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CIENA Corp. Research Report
On September 4, 2013, Ciena Corp. (Ciena) reported its unaudited Q3 FY 2013 financial results (period ended July 31, 2013). The Company reported revenue of $538.4 million, up 13.6% YoY. During the quarter, GAAP net loss totaled $1.2 million or $0.01 per common share, compared to GAAP net loss of $29.8 million or $0.30 per common share in Q3 FY 2012. "Differentiated by our specialist strategy, we have increased our market share, achieved steady growth, and delivered improved and more consistent financial performance over the last several quarters," said Gary Smith, President and CEO of Ciena. "We believe that by expanding our role in the industry and extending our reach within our markets, we will be positioned to deliver greater profitability that is more sustainable over time." For Q4 FY 2013, the Company anticipates revenues to be in the range of $550 million to $580 million. The Full Research Report on CIENA Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cfb8_CIEN]
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Alcatel-Lucent, S.A. Research Report
On September 5, 2013, Alcatel-Lucent, S.A. (Alcatel) announced that it has formed an agreement with Telefónica, to become its reference supplier for its 4G LTE network in Spain, in a 4G LTE project that is among the largest in Western Europe. Alcatel stated that it will also deliver installation and turnkey project management services in the initial phase of the project, as well as systems integration, maintenance and configuration optimization to reduce time-to-market even further for Telefonica Spain. Roque Lozano, President Alcatel-Lucent Spain and Global Account Manager for Telefonica, said, "This is a significant agreement for Alcatel-Lucent and our largest in scope to date in Western Europe. We are very excited to be able to work with Telefónica Spain in its 4G LTE project to serve its customers throughout the country." The Full Research Report on Alcatel-Lucent, S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b021_ALU]
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Harris Corp. Research Report
On September 3, 2013, Harris Corp. (Harris) announced that it has delivered five simulators that will assist the National Oceanic and Atmospheric Administration (NOAA) user community to prepare for the advent of a new generation of geostationary weather satellites. According to Harris, the Geostationary Operational Environmental Satellite - R Series (GOES-R) will provide continuous imagery and atmospheric measurements of Earth's Western Hemisphere and space weather monitoring. "None of the existing receivers will work with this new generation of weather data," said Romy Olaisen, Vice President, Civil Programs, Harris Government Communications Systems. "Harris worked very closely with the customer, and within a challenging schedule, to ensure that the simulators meet the unique needs of the weather community and aids vendors in manufacturing receivers." The Full Research Report on Harris Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/38f3_HRS]
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Ericsson Telephone Co. Research Report
On September 5, 2013, Ericsson announced the completion of its acquisition of Telcocell in North America. According to Ericsson, the acquisition also complements the Company's existing comprehensive Business Support Systems product portfolio. Commenting on the acquisition, Paolo Colella, Head of Consulting and Systems Integration, Ericsson, said, "With Telcocell we strengthen and further expand our consulting and systems integration capabilities in converged charging and billing in North America. This acquisition confirms our commitment to broaden Ericsson's expertise in the IT-transformation area." The Full Research Report on Ericsson - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d750_ERIC]
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