Nortel to File Restated Results Jan. 10
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) put a specific date, Jan. 10, on when it will start filing its much-delayed restatement of financial results on
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Nortel Networks Corp.  NT.N  NT.TO said on Monday the Royal Canadian Mounted Police told  the company it will begin a criminal investigation into  Nortel's financial accounting.
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Nortel Networks has again delayed posting its long-awaited restated financial results, moving its target release date to mid-November.
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TORONTO - Nortel Networks said Wednesday it is again delaying the release of its much-anticipated financial restatements going back to 2001 and now expects to have them ready by mid-November.
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) expects to report lower 2004 third-quarter revenues compared to the second quarter, North America&#39;s largest maker of telecom equipment
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TORONTO - Nortel Network&#39;s ongoing work on its financial restatements means the transfer of its Montreal manufacturing facility to Flextronics will be delayed until early 2005.
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Nortel Networks Corp. NT.TO NT.N,  one of the world's largest telecoms equipment makers, promised  again on Thursday that it would "commence" filing audited 2003  results on Jan. 10 and it now sees fourth quarter revenue of  $2.8 billion.
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TORONTO -- Nortel Networks Corp., which is in the process of resolving an accounting mess that will result in restatements of prior years&#39; earnings, expects a 28 percent reduction in previously announced net earnings for 2003, compared with its previous
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MANHASSET, NY - Nortel Networks Corp. announced Wednesday (Oct. 27) that it will postpone releasing its third-quarter 2004 earnings until December, as the network infrastructure company continues to work
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Nortel Networks Corp. NT.TO, one of  the world's biggest telecom equipment makers, again delayed the  release of its long-awaited restated financial results on  Wednesday, moving its target by about two weeks to  mid-November.
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Nortel Networks Corp. says it will delay the restatement of financial results for at least another month, producing numbers for 2003 and the first two quarters of this year by the end of October.
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TORONTO (CP) - Nortel Networks released preliminary financial results Tuesday showing the technology company lost about $250 million US in the third quarter, about half of that due to the starup costs of a major contract in India.
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Analysts will wade through the flood of  revisions to financial data that Nortel Networks Corp. NT.TO  is expected to unleash next week looking not so much for  insights into its past, but for clues to its future.
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Amid continuing problems with the release of its financial statements, Nortel Networks yesterday reported a loss for this year's third quarter but said it expects improvements in fourth-quarter revenue.
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Nortel Networks Corp. NT.TO NT.N one  of the world's largest telecom equipment makers, reported  long-delayed results for the first half of 2004 on Tuesday.
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TORONTO Nortel Networks, the Canadian telecommunications equipment maker, said Thursday that it was delaying yet again the release of much-anticipated financial reports but that it expected to have them ready early in the new year.
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Nortel Networks Corp. NT.TO delivered  long-awaited preliminary results for the first half of 2004 on  Thursday that showed estimated first and second quarter  earnings between nil and 1 cent per share, and North America's  biggest telecom equipment supplier said it would cut about  3,500 jobs.