Tag: Financial

Nortel Networks announced workforce reductions of approximately 3,250 employees as part of its previously announced plan to reduce research and ...

8x8, a provider of VoIP and videophone service, has agreed to sell 3,508,772 shares of common stock to an institutional ...

3Com dismissed Nick Ganio, its executive vice president of worldwide sales and marketing. In a statement, Bruce Claflin, 3Com's president ...

CipherOptics, a start-up based in Raleigh, North Carolina, raised $10.3 million in Series C round of venture funding for its ...

Comcast reached an agreement with Time Warner that provides Comcast with an option to reduce its effective overall interest in ...

iBasis announced the closing of a private placement, resulting in gross proceeds to iBasis of approximately $31.5 million. In the ...

Telstra announced plans to pay between A$4.05 and A$4.65 a share to buy back its own shares. The share buy ...

The board of directors of SBC Communications declared a quarterly dividend of 31.25 cents a share on the company's common ...

AT&T's Board of Directors today declared a regular dividend of $0.2375 (23.75 cents) per share, payable November 1, 2004, to ...

Cisco Systems will invest US$32 million over the next five years to open a research and development center in Shanghai, ...

Applied Micro Circuits Corporation (AMCC) trimmed its financial forecast for the quarter ending September 2004 and now expects quarterly revenue ...

Net2Phone announced the reorganization of its Board of Directors along with management changes and the formation of a cable advisory ...

PMC-Sierra announced new financial guidance, saying it now expects Q3 revenue to be $71 million to $73 million compared with ...