Nortel implements an entire Microsoft Office Communications Server environment for Telecom Liechtenstein

Delivers Best in Ease of Use, Capabilities, and Openness with New-to-Market Software Communication System

Nortel's 40G Leadership Translates to New Customers, New Revenues

Nortel's wireless sale doesn't include its key LTE access patents. So what's it going to do with that intellectual property - develop 5G?

The head of Nortel's Carrier Networks Asia group talks new business, customer concerns, and the big sell-off

Who are the nine buyers reportedly interested in the Metro Ethernet division? Here are a few guesses, good, bad, and ugly

CDMA maven cozies up to NSN as the company bids on of one of its biggest wireless customers

Partners deepen their relationship, but are they heading down the right path with their packet/optical integration plans?

I have been asked several times in the last six to nine months about investing in some down and out company (Citigroup, GM, Nortel) on the thinking of  “what’s the worst thing that happens? I lose a few pennies/dollars a share. If the company turns around, I can double or triple my investment!” What scares me is that half the people who ask me this question are deadly serious. I tend to think of this type of stock investing as being in the hail mary school of thinking- named after the hail mary pass in football where you heave the football into the end-zone in some low percentage, high reward play made in desperation. It is, in many respect, the flip side of penny stock investing. Put your money in a business who’s salad days are in the rear view mirror in the hopes that there is still enough goodwill in the market to effect a turnaround with smart management. Think of Apple. Nissan. Puma. But is this an effective[More...]

Earlier Tuesday, the Treasury Department gave approval for a 10 of the 19 largest financial institutions to be able to repay the Troubled-Asset Relief Program (TARP) funds received over the past 11 months as a result of the financial crisis. Of the 10 institutions that received permission to repay TARP fund, eight ...

In January I predicted (see Notable Bankruptcies of 2008) that “major” bankruptcies in 2009 would challenge the 383 mark set in 2001 (the high-water mark after the dotcom bubble). I even suggested that it was possible that we could exceed 400 “major” bankruptcies in 2009. According to Bankruptcydata.com, there have been 90 “major” filings thus far in 2009. Assuming that bankruptcies are equally distributed throughout the year, this puts us on pace for 360 bankruptcies. I fully expect the filing pace to quicken as the year goes on, and as the economy continues to deteriorate. Below you can find an updated list of what I see as the “noteworthy” bankruptcies of 2009, as reported by <a[More...]

Today, Bank of America (BAC) announced it could need another dose of government capital to shore up its Merrill Lynch acquisition. Additionally, JPMorgan (JPM) just announced it would write down profits by 76% on asset writedowns. Nortel Networks (NT) just threw in the towel as well. But these developments come as no surprise ...

Schaeffer's analyst Colleen S. King takes a look at news on the Street before the market open.

Schaeffer's analyst Elizabeth Harrow takes a look at the major news of the day on Wall Street.

Elizabeth Harrow takes a look back at news that drove the major market indices today.

Joseph Hargett takes a look at news on the Street before the market open

Beth Gaston Moon takes a look at activity in the options pits today.