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To: Johnny Canuck who wrote (45821)	8/18/2009 3:02:13 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68350

JDS Equips For A Downturn Melinda Peer, 08.18.09, 02:20 PM EDT The communications test products supplier has been working to keep costs low while orders are slow. JDS Uniphase Corporation 08/18/2009 2:57PM ET * $5.81 * $0.11 * 1.93% * At A Glance * Chart * News * People Full JDSU Chart at Finisar Corporation 08/18/2009 2:51PM ET * $0.62 * $0.01 * 1.64% * At A Glance * Chart * News * People Full FNSR Chart at Agilent Technologies Inc. 08/18/2009 2:59PM ET * $25.36 * $1.80 * 7.64% * At A Glance * Chart * News * People Full A Chart at Harris Corporation 08/18/2009 2:59PM ET * $33.87 * $1.26 * 3.86% * At A Glance * Chart * News * People Full HRS Chart at BATS Real-Time Market Data by Xignite JDS Uniphase, which provides optical products and testing gear to telecommunications companies, has been working to streamline its business as customers slashed the capital spending budgets that pay for its products. When the company reports fourth-quarter and year-end results on Wednesday, investors expect to hear that business conditions have improved--particularly since peers in the sector are suggesting that the worst is behind them. "Compared with three months ago, we have more confidence that the quarter just ended will represent the cyclical low point for Agilent," said Bill Sullivan, president of Agilent Technologies ( A - news - people ). Article Controls Emailemail imageprint imagereprint imagenewsletter imagecomments imageshare imagedel.icio.us imageDigg It! imageyahoo imageFacebook imageTwitter imageReddit imagerss Yahoo! Buzz On Tuesday, Agilent, which provides measurement solutions to electronics, life sciences and chemical companies in addition to the communications sector, exceeded Wall Street's expectations for its third quarter and guided for a modest recovery in 2010. Shares were up by $1.86, or 7.9%, at $25.42 during Tuesday's afternoon trading session. The promising results came on the heels of a bullish report from Harris ( HRS - news - people ). Last week, the communications equipment manufacturer noted a pickup in orders for three of its four divisions and hiked the low-end of its annual guidance range for earnings from continuing operations. The company now expects a range of $3.25 to $3.40 a share, up from $3.05 to $3.40, previously. Shares of technology and equipment providers traded broadly higher on Tuesday. Harris shares were up by $1, or 3.1%, at $33.61; Tollgrade Communications ( TLGD - news - people ) saw shares up by 2 cents, or 0.4%, at $5.57; Newport ( NEWP - news - people )'s stock added 43 cents, or 5.9%, to $7.73 and Oplink Communications ( OPXT - news - people ) gained 22 cents, or 1.7%, to $13.06. Shares of JDS Uniphase ( JDSU - news - people ), meanwhile, were up by 11 cents, or 1.9%, at $5.81. In addition to an update on its restructuring progress, investors will be looking to hear what's in store for the network tools business that JDS recently acquired from Finisar ( FNSR - news - people ). Analysts polled by Thomson Reuters are anticipating a fourth-quarter loss of 2 cents a share and sales of $278.6 million, which sits squarely between the company's guidance for sales of $265 million to $285 million. For 2009, analysts expect a profit of 18 cents and sales of $1.3 billion. Rate This Story * Your Rating * Overall Rating Reader Comments Comment On This Story Thomson Reuters contributed to this article. [Johnny: Interesting divergence and CIEN is up today.]