Oclaro Inc (OCLR.OQ)
18 May 2018
* OCLARO ANNOUNCES THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS
Shares of American optical components makers fell on Monday after the U.S. Department of Commerce decided to ban companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years.
BRIEF-Oclaro On April 4, U.S. FTC Granted Early Termination Of Waiting Period With Respect To Acquisition By Lumentum
* ON APRIL 4, U.S. FEDERAL TRADE COMMISSION GRANTED EARLY TERMINATION OF WAITING PERIOD WITH RESPECT TO ACQUISITION OF CO BY LUMENTUM HOLDINGS Source text (https://bit.ly/2q9fLHX) Further company coverage:
* Dow off 0.6 pct, S&P down 0.1 pct, Nasdaq up 0.4 pct (Updates to close)
* OCLARO CANCELS INVESTOR AND ANALYST SESSION AT OFC Source text for Eikon: Further company coverage:
Laser and optical fiber specialist Lumentum Holdings Inc , seen by analysts as a parts supplier for Apple's Face ID technology, will buy optical components producer Oclaro Inc for about $1.7 billion in cash and stock.
March 12 Laser and optical fiber specialist Lumentum Holdings Inc, seen by analysts as a parts supplier for Apple's Face ID technology, will buy optical components producer Oclaro Inc for about $1.7 billion in cash and stock.
* Broadcom gains amid reports of Intel's interest in the company
BRIEF-Oclaro - Upon Deal Termination Under Certain Circumstances, Co May Be Required To Pay Lumentum Fee Of $63 Mln/Lumentum To Pay Co Fee Of $80 Mln
* OCLARO - UPON DEAL TERMINATION UNDER CERTAIN CIRCUMSTANCES, CO MAY BE REQUIRED TO PAY LUMENTUM FEE OF $63 MILLION/LUMENTUM TO PAY CO FEE OF $80 MILLION Source text: (http://bit.ly/2Gg3toN) Further company coverage:
March 12 Laser and optical fibre supplier Lumentum Holdings Inc said on Monday it would buy optical company Oclaro Inc for $1.8 billion in cash and stock to broaden its portfolio of laser offerings.
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