Calix, Inc.NYSE
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  • Nov. 7, 2012, 4:02 PM

    Though many telecom equipment names with strong U.S. exposure rallied in response to AT&T's capex announcement, Calix (CALX -9.7%) fell hard today. A likely reason: Calix depends heavily on sales to tier-2 carriers who will be in the crosshairs of AT&T's Project Velocity, which seeks to both expand the company's wireline broadband reach and make its 4G network a broadband option in many rural areas.

    | Nov. 7, 2012, 4:02 PM
  • Aug. 22, 2012, 4:51 PM

    Calix (CALX) +3% AH after announcing it's buying Ericsson's (ERIC) fiber access equipment division and forming a reseller agreement with the company. Calix, which expects the deal to be accretive to EPS, claims Ericsson's division offers the industry's highest-capacity GPON fiber solution. Infonetics' Jeff Heynen notes the deal will allow Calix, currently focused on North America, to expand into emerging markets; his firm previously called Ericsson a top-3 GPON vendor.

    | Aug. 22, 2012, 4:51 PM