Latest Oclaro Inc News

US bars China's telecom giant ZTE from buying US components

Apr. 16, 2018 1:30 PM EDT

WASHINGTON (AP) — The U.S. Commerce Department is blocking Chinese telecommunications giant ZTE Corp. from importing American components for seven years, accusing the company of misleading U.S. regulators after it settled charges of violating sanctions against North Korea and Iran. Shenzhen-based ZTE...

Broadcom and Goldman rise while General Dynamics slips

Mar. 12, 2018 4:27 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Broadcom Ltd., up $9.06 to $262.84 The Wall Street Journal reported that Intel might make an offer for Broadcom. Goldman Sachs Group Inc., up $2.61 to $273.38 The investment bank said one of its co-presidents will retire, paving the...