Thursday, June 10, 2010

Trade Alert for CIEN, KBR

Shares of Ciena Corporation (NASDAQ: CIEN) climbed more than 5% in today’s trading. The stock reached a high of $15.20 in trading and at last check; it was up 3.88% to $14.38, with volume up from daily average of 7.16 million to 9.41 million. The stock has a 52-week range of $8.45-$19.48. Linthicum, Maryland-based Ciena Corporation provides communications networking equipment, software and services, which support the transport, switching, aggregation, and management of voice, video, and data traffic. The company today reported a 76% increase in second-quarter sales.

http://boardcentral.com/boards/cien

Shares of KBR Inc. (NYSE: KBR) jumped more than 10% in today’s trading. The stock reached a high of $22.38 in trading. At last check, it was up 10.35% to $21.96, with volume at 2.19 million. The stock has a 52-week range of $16.29-$24.73. Houston, Texas-based KBR Inc. is a global engineering, construction and services company. The company has announced that it is initiating a share buyback program. The company will buy back up to 10 million of its shares of common stock.

http://www.kbr.com/


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