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| Author | Topic: Nortel Networks (NT) |
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InvestorGuide Weekly Administrator |
Perhaps the sector hardest hit by the tech slowdown has been the telecom equipment sector. And while there has been plenty of doom and gloom about Cisco, Lucent, and Nortel, the good news is there may be a positive catalyst on the horizon: the 3G build out. (source: Red Herring) http://redherring.com/index.asp?layout=story&channel=20000002&doc_id=1400018340 |
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InvestorGuide Daily Administrator |
Even Wall Street bulls are bearish on Nortel Networks. With new customers failing, established customers shaken and networking rivals swiping sales, investors and analysts are seeing what Nortel can't: Growth is slowing to a crawl. (source: The Street) http://www.thestreet.com/tech/telecom/1330076.html |
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InvestorGuide Weekly Administrator |
This multipart piece by Jim Cramer looks at two different types of market declines: secular and cyclical. A cyclical decline is usually an inventory decline, while a secular decline is something longer-lasting that doesn't reverse. Cramer believes that the latter is currently happening in today's market, especially with regards to Lucent, Cisco, and Nortel Networks. (source: theStreet) Part 1: http://www.thestreet.com/comment/wrongrear/1312599.html Part 2: http://www.thestreet.com/comment/wrongrear/1312858.html Part 3: http://www.thestreet.com/comment/wrongrear/1315183.html |
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InvestorGuide Daily Administrator |
Nortel Networks chief executive John Roth brushed off class-action lawsuits and a battered stock price on Monday, reiterating his dire view of the U.S. economy as he joked about the need for a bodyguard. (source: MSNBC) http://msnbc.com/news/533238.asp |
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InvestorGuide Daily Administrator |
A rash of profit and sales warnings from some of the biggest names in technology hit Wall Street Friday, sparking a sell-off that wiped out all the year's gains for the Nasdaq and the S&P 500. Nortel Networks, Dell Computer and Hewlett-Packard all readied investors for financial shortfalls, casting more doubt on the economy's health. Troubling inflation news didn't help: prices at the wholesale level showed surprising gains last month. The Nasdaq ended up tumbling 127.50 points, or 5 percent, to 2,425.41, putting it below the 2,470 mark where it began the year, while the Dow lost 91.20 to end the day at 10,799.82. (source: CNNfn) http://cnnfn.cnn.com/2001/02/16/markets/markets_newyork/ |
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InvestorGuide Daily Administrator |
Networking giant Nortel Networks warned on its earnings after the close today, saying that the U.S. economy's slowdown was more severe than it had thought, and that it didn't expect a recovery until the fourth quarter of 2001. (source: Cnet) http://news.cnet.com/news/0-1004-200-4836268.html |
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InvestorGuide Daily Administrator |
Shares of JDS Uniphase and SDL built on early gains Tuesday after the fiber-optic components manufacturer said it won federal approval of its $18 billion purchase of SDL. To gain approval, JDS Uniphase has agreed to sell a manufacturing plant to Nortel Networks for $3 billion. (source: MarketWatch) http://cbs.marketwatch.com/archive/20010206/news/current/jdsu.htx |
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Earnings Administrator |
Nortel Networks met Wall Street's earnings expectations and slightly exceeded consensus revenue growth but confirmed investor concerns about the emerging slowdown in near-term growth for the networking sector. (source: The Street) http://www.thestreet.com/brknews/networking/1263358.html Company Name (Ticker): reported, expected, same q last year Nortel Networks (NT): $0.26, $0.26, $0.22 |
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InvestorGuide Daily Administrator |
Nortel Networks, the world's No. 1 supplier of fiber-optic network equipment, said on Thursday that it has cut nearly 1,000 jobs in Ottawa and Toronto as part of a plan to freeze staffing at 2000 levels and focus on its high-growth businesses. (source: ZDNet) http://www.zdnet.com/zdnn/stories/news/0,4586,2673737,00.html |
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InvestorGuide Daily Administrator |
The most interesting thing about the $77 million second round of funding for Network Elements is who’s providing it. "Significant" backing by Intel and Nortel networks suggests the subsystem startup has some hot technology. (source: Light Reading) http://www.lightreading.com/document.asp?doc_id=3032 |
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InvestorGuide Daily Administrator |
In Brief: - Nortel Networks shares jumped 5% today after the company bucked the trend and reaffirmed that it's on course to meet its previous earnings and revenue estimates for this year and next. |
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InvestorGuide Daily Administrator |
If you own one of the 949 mutual funds with a stake in Nortel, you may be wondering how your money manager has weathered the unnerving period since the company's surprise revenue disappointment. Well, those that weren't selling were gripping the arms of their chairs with their eyes squeezed shut, chanting: looonng-terrrrrrrm; loooonng-terrrrrrm. (source: The Street) http://www.thestreet.com/funds/investing/1177360.html |
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InvestorGuide Daily Administrator |
Nortel Networks reported that it expects 4Q 2000 profits of $0.26 a share, in line with analysts' expectations. More importantly, however, the company lowered its outlook for 1Q 2001 earnings to $0.16 a share, down from analysts' expectations of $0.17. (source: CNNfn) htpp://cnnfn.cnn.com/2000/11/01/technology/nortel |
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InvestorGuide Daily Administrator |
Nortel spooked investors this week with third-quarter earnings results that sent its stock tumbling. But despite the early Halloween surprise, this columnist believes that Nortel will not turn out to be just another Lucent. (source: RedHerring) http://www.investorguide.com/cgi-bin/daily.cgi?02510 |
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Earnings Administrator |
Nortel Networks reported third quarter earnings of 18 cents a share, compared with Wall Street expectations of 17 cents a share. Revenues were $7.31 billion compared with $5.15 billion in the same quarter last year. (source: TheStreet.com) http://thestreet.com/tech/networking/1140440.html Company Name (Ticker): reported, expected, same q last year Nortel (NT): $0.18, $0.16, $0.11 |
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