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MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

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BLACK FACTS
The Truths They Never Taught You...

Katherine Johnson — Mathematics to the Moon

Katherine Johnson’s mathematical calculations helped guide some of America’s most important early space missions while she confronted the racial and gender barriers faced by Black women in twentieth-century America.

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BHP gathered finds from its connected research sources. Showing the 4 strongest Black History matches.
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Wikipedia

Lumentum

Lumentum Holdings Inc.
TypePublic
PredecessorJDSU
Founded2015; 11 years ago (2015)
HeadquartersSan Jose, California, U.S.
Key people
RevenueIncrease US$1.65 billion (2025)
Negative increase US$−180 million (2025)
Increase US$25.9 million (2025)
Total assetsIncrease US$4.22 billion (2025)
Total equityIncrease US$1.13 billion (2025)
Number of employees
10,562 (2025)
Websitelumentum.com
Footnotes
[1]

Lumentum Holdings Inc. is an American manufacturer of optical and photonic products. It was created in 2015 as a spinoff from JDSU.

Background

[edit]

Lumentum was founded on August 1, 2015 as a spinoff from JDSU, which changed its name to Viavi Solutions.[2]

Lumentum is regarded as a leader in optics and advanced manufacturing.[3] Broadly speaking, they are a communication component manufacturer.[4] Among the end uses for their optical components are networking equipment for telecommunications and commercial lasers deployment for industrial, oversight, and scientific lab use.[5]

Among their products is a class of transceiver described as an optical circuit switch that is part of the artificial intelligence hardware stack.[6] They primarily produce optical and photonic products in two sectors of the economy: Cloud & Networking and Industrial Tech. In the former sector, they provide optical and photonic chips, components, modules, and subsystems. In the latter sector, they produce a broad spectrum of lasers.[7]

History

[edit]

Following the close of trading on July 31, 2015, JDSU took the name Viavi and moved from the S&P MidCap 400 Index (making way for the addition of Catalent) to the S&P SmallCap 600 Index (replacing Susquehanna Bancshares) and Lumentum was added to the S&P 600 following trading on August 3, 2015 (replacing Comstock Resources).[8] Lumentum shares began trading on the NASDAQ stock market under the ticker symbol LITE on August 4.[9] On April 4, 2018, Lumentum was moved to the S&P Midcap index (replacing MSCI and making way for C&J Energy Services).[10] On March 6, 2026, S&P Global announced that it was promoting Lumentum from the S&P MidCap 400 to the S&P 500 effective on the open of trading on March 23.[11][12] On May 11, Nasdaq announced that Lumentum would replace CoStar Group (CSGP) in the Nasdaq-100 Index before the opening bell on May 18, 2026.[13]

On March 2, Nvidia made two $2 billion strategic investments in photonics technologies companies: one in Lumentum and one in Coherent Corp..[14]

Notes

[edit]
  1. ^ "FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 19, 2025.
  2. ^ "Viavi Solutions, Lumentum begin life as JDSU is no more". lightwaveonline.com. 2013-08-03. Retrieved March 2, 2026.
  3. ^ "NVIDIA Announces Strategic Partnership With Lumentum to Develop State-of-the-Art Optics Technology". NVIDIA. March 2, 2026. Retrieved March 3, 2026.
  4. ^ "Here's Why Lumentum Stock Is a Promising Portfolio Pick Right Now". NASDAQ. November 11, 2025. Retrieved March 3, 2026.
  5. ^ "Morningstar: Lumentum Holdings Inc LITE". Morningstar, Inc. Retrieved March 3, 2026.
  6. ^ Krause, Reinhardt (March 2, 2026). "Lumentum, Coherent Surge On Nvidia's Optical Networking Investments". Investor's Business Daily. Retrieved March 3, 2026.
  7. ^ "Fidelity: Lumentum Holdings". Fidelity Investments. Retrieved March 3, 2026.
  8. ^ "Signet Jewelers Set to Join the S&P 500; PAREXEL International, Catalent to Join the S&P MidCap 400; Others to Join S&P SmallCap 600". PR Newswire. July 24, 2015. Retrieved March 2, 2026.
  9. ^ "Lumentum Debuts as an Independent Publicly-Traded Company Following Completion of Its Spinoff From JDSU". GlobeNewswire. August 3, 2015. Retrieved March 2, 2026.
  10. ^ "MSCI Set to Join S&P 500; Lumentum Holdings to Join S&P MidCap 400; C&J Energy Services to Join S&P SmallCap 600". S&P Global. PR Newswire. March 28, 2018. Retrieved March 2, 2026.
  11. ^ "Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600" (PDF). S&P Global. March 6, 2026. Retrieved March 11, 2026.
  12. ^ "Lumentum to Join the S&P 500 Index". Morningstar, Inc. March 10, 2026. Retrieved March 11, 2026.
  13. ^ Enos, Mwangi (May 12, 2026). "Lumentum AI pivot triggers massive Nasdaq 100 shakeup". TheStreet. Retrieved May 22, 2026.
  14. ^ "Nvidia to invest $4 billion into photonics companies Coherent and Lumentum". CNBC. March 2, 2026. Retrieved March 19, 2026.
[edit]
  • Official website
  • Business data for Lumentum Holdings Inc.:

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

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Wikipedia

Lumentum

Lumentum Holdings Inc. is an American manufacturer of optical and photonic products. It was created in 2015 as a spinoff from JDSU.

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Wikipedia

JDSU

JDS Uniphase Corporation (JDSU) was an American company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. In August 2015, JDSU split into two different companies – Viavi Solutions and Lumentum Holdings.

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Wikipedia

Oclaro

Oclaro was a US-based business manufacturing and selling optical components. Oclaro was formerly listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. The company is now part of Lumentum (LITE) after it was acquired in December 2018.

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Wikipedia

Viavi Solutions

Viavi Solutions Inc. (stylized VIAVI Solutions), formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller. The company was created in August 2015 when JDSU split into Viavi Solutions and Lumentum Holdings.

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TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

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TRIVIA QUESTION OF THE DAY

Who became the first Black woman to travel into space?

Mae Jemison, aboard Space Shuttle Endeavour in 1992.