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DCT Industrial Trust Inc. (NYSE:DCT) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Trending Stocks: Ciena Corporation (NYSE:CIEN), DCT Industrial Trust Inc. (NYSE:DCT), Idera Pharmaceuticals Inc (NASDAQ:IDRA) http://www.usmarketbuzz.com/trending-stocks-ciena-corporation-nysecien-dct-industrial-trust-inc-nysedct-idera-pharmaceuticals-inc-nasdaqidra-1592 Mon, 09 Jun 2014 13:08:06 +0000 http://www.usmarketbuzz.com/?p=1592 Ciena Corporation (NYSE:CIEN)’s shares dropped 1.11% to $22.23. The company on June 5 announced unaudited financial results for its fiscal second quarter ended April 30, 2014. For second quarter 2014, Ciena reported revenue of $560.0 million as compared to $507.7 million for second quarter 2013. On the basis of GAAP, Ciena’s net loss for the fiscal second quarter 2014 was $(10.2) million, or $(0.10) per common share, which compares to a GAAP net loss of $(27.1) million, or $(0.27) per common share, for the fiscal second quarter 2013. Ciena’s adjusted net income for second quarter 2014 was $19.4 million, or $0.17 per diluted common share, which compares to an adjusted net income of $2.2 million, or $0.02 per diluted common share, for second quarter 2013.

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DCT Industrial Trust Inc. (NYSE:DCT)’s shares gained 0.86% to $8.17. The company announced that Philip Hawkins, Chief Executive Officer, presented at REITWeek: NAREIT’s Investor Forum for 2014. The conference took place at the Waldorf Astoria in New York, June 3-5, 2014.

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Additionally, the company on May 1 announced financial results for the quarter ending March 31, 2014. Funds from operations, as adjusted, (“FFO”) for Q1 2014 totaled $39.0 million, or $0.11 per diluted share, compared with $33.3 million, or $0.11 per diluted share, for Q1 2013. Net income for Q1 2014 was $0.3 million, or $0.00 per diluted share, compared to $1.3 million, or $0.00 per diluted share, reported for Q1 2013.

Idera Pharmaceuticals Inc (NASDAQ:IDRA)’s shares decreased 0.65% to $3.05. The company on May 13 reported its financial and operational results for the quarter ended March 31, 2014. Net loss applicable to common stockholders for the three months ended March 31, 2014 was $9.1 million, or $0.12 per diluted share, compared to a net loss applicable to common stockholders of $4.1 million, or $0.15 per diluted share, for the same period in 2013. There was nominal revenue recognized in the first quarter of 2014 and 2013.

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Additionally, the company’s anagement presented at the Jefferies 2014 Global Healthcare Conference on Wednesday, June 4, 2014 at 8:30 a.m. EDT in New York City.

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