Ciena agrees to buy Nortel assets for $521 million, path still open for higher bidsOctober 7th, 2009 Ciena agrees to buy some Nortel assets for $521MLINTHICUM, Md. — Ciena Corp.
Ciena offers $521 million for Nortel business units, path open to higher bidsOctober 7th, 2009 Ciena bids $521M for Nortel business unitsTORONTO — Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate.
Zygo reports $47.4 million fiscal fourth-quarter loss as sales plunge 50 percentAugust 21st, 2009 Zygo reports $47.4M fiscal 4Q lossMIDDLEFIELD, Conn. — Zygo Corp., maker of optical components and fiber optic network modules, reported Thursday that it suffered a $47.4 million fiscal 2009 fourth-quarter loss, compared with a small year-ago profit, as revenue plunged 50 percent.
Standard & Poor's cuts rating on Liz Claiborne, says poor performance to continueAugust 18th, 2009 Standard & Poor's cuts rating on Liz ClaiborneNEW YORK — Standard & Poor's Ratings Services lowered its rating on Liz Claiborne Inc. further into junk status on Monday, saying the clothing company's poor performance was expected to continue for the remainder of the year.
Sara Lee posts smaller fiscal 4th-quarter loss of $14 million as impairment charges declineAugust 12th, 2009 Sara Lee posts $14 million loss in fiscal 4QDOWNERS GROVE, Ill. — Sara Lee Corp.
E.W. Scripps posts 2nd-quarter profit after recording year-ago loss on impairment chargeAugust 10th, 2009 E.W. Scripps posts 2nd-quarter profitCINCINNATI —Media company E.W. Scripps says it made a profit in the second quarter despite a decline in revenue.
Marsh & McLennan posts 2nd-quarter loss of $193 million due to goodwill impairment chargeAugust 5th, 2009 Marsh & McLennan posts loss on impairment chargeNEW YORK — Marsh & McLennan Cos. said Wednesday it recorded a loss in the second quarter because of an impairment charge tied to the value of one of its divisions.
RealNetworks posts wider 2nd-quarter loss on falling sales, write-offsJuly 30th, 2009 RealNetworks posts wider 2Q loss as sales slipSEATTLE — Digital entertainment company RealNetworks Inc. posted a wider loss for the second quarter on Thursday, hit with declining revenue and write-offs on the value of its assets.
Lee Enterprises posts 3rd-quarter loss, ad sales plunge 24 percentJuly 30th, 2009 Lee Enterprises posts 3Q loss, ad sales plungeDAVENPORT, Iowa — Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and dozens of other newspapers, reported a $24.5 million quarterly loss Thursday, hurt by write-offs on the book value of its assets and a persistent advertising slump.
Central Pacific Financial postpones $100M stock offeringJuly 30th, 2009 Central Pacific postpones stock offeringHONOLULU — The parent of Central Pacific Bank says it is postponing its previously announced $100 million stock offering. Central Pacific Financial Corp.
Ethan Allen predicts 4th-quarter profitJuly 22nd, 2009 Ethan Allen offers 4Q guidanceDANBURY, Conn. — Furniture maker Ethan Allen Interiors Inc.
ATC Technology says it will cut jobs and consolidate as part of restructuringJuly 22nd, 2009 ATC Technology to cut jobs and consolidateDOWNERS GROVE, Ill. — Vehicle remanufacturing and logistics company ATC Technology Corp.
Weak sales, hefty impairment charge leads Texas Industries to fiscal 4th-quarter lossJuly 15th, 2009 Texas Industries posts 4Q loss on hefty chargeDALLAS — Cement maker Texas Industries Inc. on Wednesday posted a fiscal fourth-quarter loss, reversing a year-earlier profit, as the economy sagged and the company booked a big charge for its cement operations in California.
Goodwill impairment charge widens Headwaters first-quarter lossMay 5th, 2009 Headwaters 1Q loss down sharply on chargeSOUTH JORDAN, Utah — Energy and building products company Headwaters Inc. said Tuesday that its net loss grew substantially during the first quarter due to a goodwill-impairment charge, but predicted better-than-expected profit for the year.
JDS Uniphase fiscal 3rd-quarter loss widens, sales guidance falls light of Street viewApril 29th, 2009 JDS Uniphase posts wider fiscal 3Q lossMILPITAS, Calif. — Communications equipment company JDS Uniphase Corp.
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