(NEW YORK)Makers of telecommunications and networking gear were hit hard Monday, as investors feared that credit and stock market turmoil would curb corporate and carrier spending.READ MORE
(TORONTO)The stock of Nortel Networks Corp. plunged Wednesday to a multi-decade low after it slashed its business outlook and said it plans another round of cutbacks in the face of a strugg...READ MORE
Among the sector activity stories for Wednesday, Sept. 17, from AP Financial News: WASHINGTON (AP)--Defense stocks led by Boeing Co. tumbled Wednesday afternoon as anxieties over t...READ MORE
Among the earnings projection stories for Wednesday, Sept. 17, from AP Financial News: MILWAUKEE (AP)--Brady Corp., which makes labels, signs and safety devices, on Wednesday cut i...READ MORE
(NEW YORK)A day after computer maker Dell Inc. warned of softening demand for information technology products, Nortel Networks Corp. lowered its 2008 sales outlook in a sign that the economi...READ MORE
(NEW YORK)Nortel Networks Corp. on Wednesday lowered its 2008 outlook, predicting revenue will fall by 2 percent to 4 percent this year as customers cut back and delay capital expenditures a...READ MORE