Nortel stock falls to 15-month low as financial reports delayed ...
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TORONTO (CP) - Nortel Networks stock fell to its lowest price in more than a year Wednesday after the troubled telecommunications equipment maker again delayed its much-anticipated financial restatements, this time until mid-November.
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OTTAWA  - Nortel Networks Corp.  posted long-awaited preliminary results for the first half of2004 on Thursday, estimating first and second quarter earningsbetween nil and 1 cent per share.
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Nortel Networks said today that after months of trying to untangle faulty financial results, it won't file its 2003 and first-half 2004 results until early next year.
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Nortel (NT:NYSE - news - research) suffered another setback on its march to accountability Thursday, warning that it will need an additional month to complete its audit and file restated financials.
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Nortel Networks Corp. on Thursday said it would cut fewer jobs than announced in August as part of the effort to improve its financial condition.
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Nortel Networks Corp. NT.TO expects  to report lower 2004 third-quarter revenues compared to the  second quarter, North America's largest maker of telecom  equipment said in a market update required by regulators on  Thursday.
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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.
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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: 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.TO: Quote, Profile, Research) posted long-awaited preliminary results for the first half of 2004 on Thursday, estimating first and second quarter earnings between nil and 1 cent per share.
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Nortel Networks Corp., a telephone equipment maker that is the focus of regulatory and criminal probes in the US and Canada, delayed by a month the filing of financial statements for 2003 and the first half of 2004.
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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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News of an RCMP criminal investigation of Nortel Networks and its financial accounting practices sent the company&#39;s shares down slightly on Tuesday.
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Nortel Networks Corp. NT.TO said on  Wednesday that after months of trying to untangle faulty  financial results, it plans to file 2003 and first-half 2004  results starting Jan. 10 of next year.
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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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Nortel Networks Corp. investors predicted Tuesday the telecom equipment giant will again slash jobs when it reports long-overdue results this week, and shrugged off news of another criminal probe into its high-profile accounting woes.
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TORONTO (CP) - Earnings warnings from Celestica and Coca-Cola along with a slowdown in US industrial production sent stock markets lower Wednesday.