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Tag Archives: Linthicum

Russian client taps Ciena for optical network upgrade

Ciena Corp. of Linthicum, a manufacturer of fiber-optic network equipment, announced it has been selected by Russian carrier GlobalNet for the upgrade of its metro optical network, based on Ciena’s 4200 Advanced Services Platform, to provide additional capacity and flexibility ...

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Ciena stock dives after disappointing 2Q results

Shares of network equipment maker Ciena Corp. fell sharply Wednesday after it reported a larger loss and lower revenue than Wall Street expected, coupled with a disappointing forecast for the current quarter. The shares fell $3.92, or nearly 16.2 percent, ...

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Northrop Grumman to cut 200, mostly in Baltimore

Defense contractor Northrop Grumman says it plans to lay off about 200 employees, mostly in the Baltimore region. Company spokesman Jack Martin Jr. said Friday that most layoffs will be at four Baltimore-area locations: the Electronic Systems division’s Linthicum headquarters ...

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Ciena’s shares fall 11 percent after earnings miss estimates

Shares of Ciena Corp. fell nearly 10 percent Monday after the communications equipment provider said it posted a $79.1 million loss in the first quarter. The Linthicum-based company’s shares lost $2.83, or 9.8 percent, to close at $25.98 in Nasdaq ...

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First Mariner exec pleads guilty after BWI gun incident

LINTHICUM — First Mariner Bancorp CEO Edwin Hale has pleaded guilty to interfering with security at BWI-Marshall Airport after a loaded handgun was found in his luggage at a checkpoint. Prosecutors say an Anne Arundel County District Court judge gave ...

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BWI plans Sept. 2011 runway closures for repaving

Baltimore-Washington International Thurgood Marshall Airport plans to close two main runways over a weekend next September to repave a critical intersection. The airport plans to close the runways from 11 p.m. on Friday, Sept. 9 to 5 a.m. the following ...

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