Latest Stock News: Finisar Corporation (NASDAQ:FNSR); Middlesex Water Company (NASDAQ:MSEX) And SanDisk Corporation (NASDAQ:SNDK)

Nicholas Maithya - March 25, 2014

Boston, MA 03/25/2014 (wallstreetpr) – Finisar Corporation (NASDAQ:FNSR) reversed back from its previous highs on Monday. The company that is a provider of optical components used for the purpose of data communication and telecom application, rallied last week after the analyst from Stifel upgraded the fellow component maker, Infinera. The research firm placed a ‘buy’ rating from that of ‘hold’ now on the stock. The upgradation came in as the analyst SanjivWadhwani believes that the demand for 100G systems has increased manifold presently as compared to that of the previous year, due to much of the action generated in Europe and regions of Asia. As a result, companies with 100G exposure soared, which includes Finisar Corporation (NASDAQ:FNSR) too.

Jay L. Kooper took the position of Vice President, General Counsel & Secretary at the Middlesex Water Company (NASDAQ:MSEX) with effect from March 17, 2014, according to the company’s press release. His last role before joining Middlesex was that of Director of Regulatory Affairs for Hess Corporation. Middlesex is a wastewater and water utility service provider, which serves the areas of Delaware, New Jersey among others through its holding companies.

SanDisk Corporation (NASDAQ:SNDK), which already holds up a decent reputation in storage tech is all set to take its product offering a level up. This is evident from the company’s latest offerings that includes 128 microSD card, Clip Sport MP3 player and Ultra Dual USB Drive. While 128 GB capacity microSD card will be of immense help to those with overloaded tabs and phones, its Ultra Dual USB drive presents 64 GB of storage capacity and comes with full-size as well as micro-size USB connection. On the other hand, the small Clip Sport MP3 player is an amazing player that features an LCD color screen and can support a range of file formats. All these new products are definitely a great enhancement to SanDisk Corporation (NASDAQ:SNDK)’s portfolio.

Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on Wallstreetpr.com as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at [email protected] or follow Nicholas Kitonyi @nmaithyak on Twitter.

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