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Earnings Report

Ciena Posts 4Q Miss as Costs Jump

Ciena slashed its 4Q loss but still missed Wall Street’s earnings view amid higher costs, sending shares down 4% Thursday.

Weak Economic Data Slams Wall Street

Stocks pared significant losses Wednesday, but still closed deep in negative territory, as disappointing economic reports reignited growth worries.

Look to Earnings for Markets’ Direction

Stocks are up 30% over the past year, despite higher long term Treasury yields and earnings growth that averaged around 5% in the latest period.