Tag: Financial

AT&T shareholders voted against a proposal to set a cap on CEO compensation. Shares voted "for" the proposal were 40 ...

MCI reported two more executive level resignations: Michael H. Salsbury, executive vice president and general counsel, and Susan Mayer, senior ...

Tekelec completed its transaction with Santera Systems to form a majority owned next-generation switching subsidiary. Santera Systems, which will remain ...

3Com filed a motion with the U.S. Court for the Eastern District of Texas in Marshall, Texas to intervene in ...

Metromedia Fiber Network (MFN) is targeting mid-August for confirmation of its plan of reorganization, enabling it to emerge from Chapter ...

Net2Phone will create two wholly-owned subsidiaries to provide investors a clearer picture of its operations. One of the new subsidiaries, ...

IPeria, a developer of messaging applications, named Rob Scott as its new president and CEO. Scott joins IPeria from Octave ...

Paul G. Allen, the Chairman of Charter Communications and one of the founders of Microsoft, completed his acquisition of Comcast's ...

Riverstone Networks expects revenues for its fiscal quarter ended 31-May-2003 to be approximately $12 million to $13 million. Accordingly, the ...

A bankruptcy court approved the sale of Pacific Crossing Ltd. and its subsidiaries (PCL) to Pivotal Telecom LLC, for $63 ...

Motorola has formed a new business unit dedicated to delivering the company's "connected home" solutions to consumers. The new consumer ...

XO Communications offered to acquire all of the assets of Global Crossing for $700 million. XO's offer is comprised of ...

3Com anticipates revenues for the quarter ending 30-May-2003 will be in the range of $165 million to $175 million, excluding ...