NortelNetworks Posts -- BloggingStocks

NortelNetworks posts

Newspaper wrap-up: Investigated ingredient in Baxter's generic heparin drug made in China

Posted Feb 14th 2008 8:00AM by Laurie Pasternack (RSS feed)
Filed under: Newspapers, Magazines, Hewlett-Packard (HPQ), Motorola (MOT), Citigroup Inc. (C), JPMorgan Chase (JPM), Baxter Intl (BAX), , Nortel Networks (NT), McGraw-Hill Companies (MHP)

MAJOR PAPERS:

The active ingredient in Baxter International Inc's (NYSE: BAX) generic version of the anticlotting drug heparin, under investigation for four deaths and hundreds of bad reactions, was made in China, the Wall Street Journal reported.
Structured investment vehicles that provide short term debt to fund the purchases of municipal bonds and student loans are under increasing pressure, according to the Wall Street Journal's "Heard on the Street". Citigroup Incorporated (NYSE: C), JP Morgan Chase & Co (NYSE: JPM) and Merrill Lynch & Co Inc (NYSE: MER) are among the banks that could be affected.

OTHER PAPERS:

The New York Times reported that Hewlett-Packard Company (NYSE: HPQ) has settled with The New York Times Company (NYSE: NYT) and McGraw Hill Companies Incorporated's (NYSE: MHP) BusinessWeek journalists related to a spying scandal that stemmed from obtaining telephone records. The involved parties did not disclose the amount of the settlement.

WEB SITES:

Mike Zafirovski, CEO of Nortel Networks Corporation (NYSE: NT), said the company would examine possible opportunities to be taken over "when they arise." Mr. Zafirovski did not comment on rumors of a Motorola Inc (NYSE: MOT) merger, Reuters reported.

Newspaper wrap-up: Motorola, Nortel may form joint venture with wireless-infrastructure units

Posted Feb 11th 2008 8:45AM by Laurie Pasternack (RSS feed)
Filed under: Newspapers, Magazines, Microsoft (MSFT), Yahoo! (YHOO), Motorola (MOT), Sony Corp ADR (SNE), Oracle Corp (ORCL), Nortel Networks (NT), salesforce.com inc (CRM)

MAJOR PAPERS:

A slowdown in growth in the telecommunications equipment industry may result in a joint venture between Motorola Inc (NYSE: MOT) and Nortel Networks Corporation (NYSE: NT), that would have combined sales of about $10B, the Wall Street Journal reported.
The Wall Street Journal also reported that Yahoo! Inc's (NASDAQ: YHOO) board is planning to reject the Microsoft Corporation (NASDAQ: MSFT) bid of $31 per share, feeling that Microsoft would be taking advantage of a deteriorated Yahoo! share price. Sources said Yahoo! will not consider any offer under $40 per share.
Sony Ericsson, a joint venture between Sony Corporation (NYSE: SNE) and LM Ericsson Telephone Company (NASDAQ: ERIC), admitted that its business is weak in India, China, and the U.S. The joint venture has designated those three countries as priorities, the Financial Times reported.

WEB SITES:

According to a source, the Silicon Alley Insider reported that Yahoo! is expected to let go 1,000 employees or more during the week of February 12.
SiliconValleyWatcher "heard" from a very reliable source that Salesforce.com Inc (NYSE: CRM) has approached Oracle Corporation (NASDAQ: ORCL) over a potential sale of itself for $75 per share.

Nortel Networks (NT) rises on Q3 earnings

Posted Nov 6th 2007 11:25AM by Brent Archer (RSS feed)
Filed under: Major movement, Earnings reports, Good news, Nortel Networks (NT), Options, Technical Analysis

Nortel Networks Corp. (NYSE: NT) shares are trading higher today after the company announced Q3 earnings with a net income of $27 million, or 5 cents a share after one-time charges, compared with a net loss of $63 million, or 14 cents a share in the previous year. Analysts were expecting 12 cents per share, and NT beat that number before charges. If you think that the company won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on NT.

After hitting a one-year high of $31.79 in February, the stock hit a one-year low of $15.32 in September. NT opened this morning at $16.98. So far today the stock has hit a low of $16.75 and a high of $18.65. As of 10:45, NT is trading at $18.47, up $2.19 (13.4%). The chart for NT looks neutral and improving, while S&P gives the stock a 3 STARS (out of 5) hold rating.

Continue reading Nortel Networks (NT) rises on Q3 earnings

Newspaper wrap-up 6-04-07: TPG Capital, Silver Lake may buy Avaya

Posted Jun 4th 2007 9:15AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Apple Inc (AAPL),

MAJOR PAPERS:

The Wall Street Journal reported that TPG Capital and Silver Lake are poised to buy telecommunications equipment company Avaya Inc (NYSE: AV) for about $17 a share; Nortel Networks Corporation (NYSE: NT) was also said to be interested.
News Corporation's (NYSE: NWS) Rupert Murdoch said he is willing to go along with tighter editorial independence, but won't give in to a key demand from Dow Jones & Company Inc's (NYSE: DJ) controlling Bancroft family that they control an editorial oversight board that would protect this, the Wall Street Journal reported.
Barron's Online's Trader section believes Service Corporation International's (NYSE: SCI) 90% surge since August is the result of funeral service companies' virtual immunity to a slowing economy or rising rates – the market's two biggest fears right now.

OTHER PAPERS:

The New York Times reported that software maker Cadence Design Systems Inc (NASDAQ: CDNS) is in talks with private-equity players that include Kohlberg Kravis Roberts and the Blackstone Group about a possible sale of the company.
Technology Web sites have discovered that Apple Inc (NASDAQ: AAPL) embeds customers' personal data into files the company uses to distribute music from its online iTunes music store, creating fears about privacy, the UK Times reported.
The UK Times also reported that Royal Bank of Scotland Group (OTC: RBSPY) may be looking to sell Southern Water for GBP4B, a move that could lead to many more deals in Britain's privatized water industry.

Featured Posts

In The News

Subscribe: Subscribe to feed; Add to My AOL; Sub with Bloglines

BloggingStocks bloggers (30 days)

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	114	0
2	Tom Johansmeyer	102	3
3	Connie Madon	51	0
4	Steven Mallas	43	0
5	Tom Taulli	42	0
6	Mark Fightmaster	42	0
7	Trey Thoelcke	32	0
8	Steven Halpern	32	0
9	Melly Alazraki	26	0
10	Paul Foster	25	0
11	Zac Bissonnette	23	0
12	Brian White	22	0
13	Jim Cramer	22	0
14	Brent Archer	22	0
15	Jon Ogg	22	0
16	Elizabeth Harrow	19	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Michael Fowlkes	8	0
20	Beth Gaston Moon	8	0

Indexes	Change	Price
DJIA	+30.69	10,464.40
NASDAQ	+6.87	2,176.05
S&P 500	+4.98	1,110.63

Last updated: November 26, 2009: 01:34 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

Newspaper wrap-up: Investigated ingredient in Baxter's generic heparin drug made in China

Newspaper wrap-up: Motorola, Nortel may form joint venture with wireless-infrastructure units

Nortel Networks (NT) rises on Q3 earnings