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Closing Glance: Telecom Equipment Mixed



By AP
14 April 2008 @ 04:38 pm EST

NEW YORK - Shares of telecommunications equipment makers closed mixed on a quiet trading day Monday as the broader market fluctuated in a narrow range, before ended slightly down. Disappointing results from Wachovia and Dutch conglomerate Royal Philips Electronics NV renewed investor concerns over corporate earnings for the March quarter .

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Quotes
PHG 31.31 -1.15
CSCO 22.44 0.16
NT 5.78 -0.03
JNPR 23.6 -1.6
ALU 5.26 -0.11

SYMBOL LOOKUP

Here is how some key telecom equipment stocks performed Monday:

Cisco Systems Inc. fell 7 cents to $23.31.

Alcatel-Lucent American Depository Shares climbed a penny to $5.87.

Nortel Networks Corp. fell 7 cents to $6.93.

Juniper Networks Inc. rose 28 cents to $23.11

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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