Netgear, Oclaro to Dictate Action in Telecom ETFs
April 29, 2011 at 08:40 AM EDT
Telecom exchange traded funds (ETFs) may see trading action Friday following mixed quarterly results from Netgear (NasdaqGS: NTGR) and Oclaro (NasdaqGS: OCLR). Netgear shares were set to rise Friday after the wireless company said its first-quarter profit jumped more than 50%. Revenue came in...