The Manufacturers Life Insurance Company Trims Stake in Ciena Corporation $CIEN
The Manufacturers Life Insurance Company reduced its stake in Ciena Corporation by 20.6% in the first quarter, selling 19,701 shares and retaining 75,998 shares valued at approximately $29.5 million. Ciena outperformed quarterly expectations with earnings of $1.64 per share and revenue of $1.57 billion, …