Tag Archives: bad-request

Opko Health Swallowing Bigger Fish Bio-Reference Labs

Opko Health (OPK) agreed to buy lab services company Bio-Reference Laboratories (BRLI) for $1.47 billion in stock Thursday. Bio-Reference shareholders will get 2.75 shares of Opko stock for each share held. Based on Opko’s closing price of 19.12 Wednesday, the 2.75-for-1 deal valued Bio-Reference at 52.58 a share. Opko stock hit a record high of 19.20 Wednesday. Opko stock, however, was near 17.75, down 7% in morning trading on the stock market

Ciena Blows Out Earnings Views As Non-AT&T Business Grows

Ciena (CIEN) reported fiscal Q2 profit and revenue that topped views as the fiber-optic parts maker’s non-AT&T U.S. business rose 22%. Ciena’s stock rose 1.6% to 24.83 in the stock market today. Intraday, the stock hit 25.48, the highest since March 2014. Ciena earned 35 cents per share, excluding one-time items, up from 17 cents in the year-earlier period. Fiscal Q2 revenue rose 11% to $621 million, Ciena said. That followed little change in the

Dish, T-Mobile Flirtation May Lead To TV Marriage

The flirtation between wireless carrier T-Mobile US (TMUS) and satellite TV broadcaster Dish Network (DISH) has reportedly blossomed into merger talks, sending both stocks rising. The merger would create a stronger competitor to AT&T (T), Verizon Communications (VZ) and Sprint (S). T-Mobile CEO John Legere would lead the combined company, the Wall Street Journal said. Dish Network CEO Charlie Ergen would be chairman. Germany’s Deutsche Telekom