On Wednesday, Shares of Ciena Corporation (NYSE:CIEN), subtract -2.15% and closed at $20.96 in the last trading session. The last trading range of the stock ranges between $20.45 and $21.18. The company’s Market capitalization is $2.80 Billion with the total Outstanding Shares of 139.34 million. During the 52-week trading session the minimum price at which share price traded, registered at $15.61 and reached to max level of $25.46. To support its recent expansion as a nationwide managed services provider, TelePacific Communications has deployed Ciena’s® (CIEN) programmable 8700 Packetwave Platform, which provides a scalable and cost-effective solution to support 100GbE services and beyond. This network upgrade assists facilitate TelePacific to provide unified communications, managed IT, connectivity, cloud and continuity services to customers anywhere in the country.
- TelePacific has evolved to a national managed services provider serving small businesses to multi-location enterprises with hundreds of sites. Recently, it delivers five-nines performance guaranteed solutions over an access agnostic Ethernet ecosystem that uses advanced SD-WAN technology able to reach any location that has a broadband connection.
- TelePacific can now offer various high-speed packet services nationwide with Ciena’s Carrier Ethernet 2.0 certified 8700 platform. Another key benefit of the 8700 is that it facilitates TelePacific to provide reliable high-bandwidth connectivity and support various wavelengths, up to 100G, that can be easily turned up as demand dictates.
- TelePacific is also utilizing Ciena’s 8700 as part of standards testing performed at the University of New Hampshire Interoperability Lab (IOL). This work supports the advancement of industry standards with the Metro Ethernet Forum by facilitating the creation of interoperable services between operators across the industry.
- LightRiver Technologies, Inc., an integrator of next-generation, Factory Built Network® transport solutions for carrier-grade networks and a Ciena Diamond-level BizConnect partner, offered network design and turnkey implementation package, project administration and technical support.
Charles Schwab Corp (NYSE:SCHW), jumped -0.53% and closed at $31.73 in the last trading session. The last trading range of the stock ranges between $31.71 and $32.06. The company’s Market capitalization is $41.27 Billion with the total Outstanding Shares of 1.32 billion. During the 52-week trading session the minimum price at which share price traded, registered at $21.51 and reached to max level of $34.52.q The Charles Schwab Corporation declared recently that it has planned a Fall Business Update for institutional shareholders on Friday, October 21st. This Update, which will be held via webcast, is part of an ongoing series designed to assist the investment community keep abreast of recent developments and administration’s planned focus. The program is planned to run from 8:00 a.m. – 9:00 a.m. PT, 11:00 a.m. – 12:00 p.m. ET. Participants will include Walt Bettinger, President & Chief Executive Officer, and Joe Martinetto, Senior Executive Vice President & Chief Financial Officer.
Coeur Mining Inc (NYSE:CDE), gained 2.89% and closed at $11.04 in the last trading session. The last trading range of the stock ranges between $10.74 and $11.20. During the 52-week trading session the minimum price at which share price traded, registered at $10.74 and reached to max level of $11.20. Coeur Mining, Inc. (“Coeur” or the “Company”) (CDE) recently offered an update on its expanded exploration programs at three of its five operating mines. The focus of the Company’s exploration program continues to be upgrading existing, higher-grade resources to reserves and the discovery of new, higher-grade resources located near existing infrastructure that have the potential to further grow the Company’s production and cash flow, reduce unit costs, and extend expected mine lives.
The Company anticipates to invest a total of $30-$34 million in exploration during 2016, counting $14-$16 million for expensed exploration and $16-$18 million for capitalized exploration. This represents an 82% increase over 2015 exploration spending. Of the $30-$34 million expanded exploration budget, about 85% is expected to be allocated to drilling at or near the Company’s existing operations and nearly 75% is expected to be invested at the Company’s Palmarejo underground silver-gold mine in Mexico, its Kensington underground gold mine in Alaska, and its Rochester open-pit silver-gold mine in Nevada.