Nortel shares down on news of criminal probe
680154
News of an RCMP criminal investigation of Nortel Networks and its financial accounting practices sent the company&#39;s shares down slightly on Tuesday.
456455
Retreating from an upbeat forecast it made just last month, Nortel Networks Corp. (NT.TO: Quote, Profile, Research) on Thursday warned that third-quarter sales will fall
588157
OTTAWA - Nortel Networks has announced that it&#39;s once again delaying the release of financial reports. The company is currently reviewing its accounting for the past four years.
179516
Toronto (Aug. 19, 2004) -- Telecommunications equipment giant Nortel Networks Corp. announced this week that its past accounting practices, which are the subject of a criminal probe in the United States, are under scrutiny by Canadian authorities.
595166
Nortel Networks Corp. expects to report lower 2004 third-quarter revenues compared to the second quarter, North America&#39;s largest maker of telecom equipment said in a market update required by regulators on Thursday.
724970
Nortel Networks Corp. said the Toronto Stock Exchange and the New York Stock Exchange won&#39;t commence suspension or delisting actions because of the company&#39;s delay in filing certain financial reports.
642969
Canadian communications equipment manufacturer Nortel expects its third-quarter revenue to be lower than its second-quarter results.
227735
TORONTO - Nortel Networks warned Thursday its third-quarter revenue will be below the $2.6 billion US preliminary unaudited revenues it reported for the second quarter.
677376
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
709148
Nortel Networks Corp. NT.TO warned on  Thursday that third-quarter sales will fall below its second  quarter and that full-year 2004 revenues at North America's  largest telecom equipment maker will lag the overall sector.
533124
Nortel Networks Corp. expects its revenue in the third quarter to fall below the previous quarter&#39;s estimated number and for its full-year 2004 revenue to grow slower than the overall communications equipment
362889
Nortel Networks Corp., North America&#39;s largest telephone-equipment maker, said third-quarter revenue will decline from the second quarter&#39;s $2.
39071
NORTEL Networks plans to slash its workforce by 3500, or ten per cent, as it struggles to recover from an accounting scandal that toppled three top executives and led to a criminal investigation and lawsuits.
508897
Troubled telecoms giant Nortel Networks plans to cut about 3,500 jobs and fired seven more executives following the financial reporting scandal that has engulfed it.
402492
WASHINGTON (CBS.MW) -- The latest corporate overhaul by Nortel Networks will shear the company of all its manufacturing operations and leave it with 70 percent fewer workers than it had four years ago.
223201
OTTAWA, Aug 19  - Nortel Network Corp.&#39;s (NT.TO: Quote, Profile, Research) new growth recipe may strike a sour note with Wall Street because it does not center on profit margins, but a focus on cash and costs will better serve the ...
163234
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.