Restructuring And Recapitalization
SAN FRANCISCO - UTStarcom Inc. said Tuesday it is selling two business units as part of the company's years-long restructuring.
TOKYO - Sony Corp., maker of the PlayStation 3, stayed in the red last business year but predicts a return to profit as restructuring and an aggressive 3-D rollout bear fruit.
HICKORY, N.C. - Network infrastructure company CommScope Inc.
NEW YORK - Very little went right for AOL Inc.
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- Ericsson reports 26 pct drop in Q1 profits
- EMC profit nearly doubles as tech spending rises
- United Technologies 1Q profit jumps on cost cuts
- Probe opened into France Telecom suicides
- Business software maker CA to cut 1,000 jobs
- United Technologies cuts CEO compensation
- France Telecom profit down 26 pct on $1.35B charge
- Globalstar cuts 2 VPs, additional employees
- Cincinnati Bell 4Q falls 88 percent on charges
- Sony quarterly profit surges to $871 million
- United Technologies' 4Q profit falls 6 percent
- GM picks former Microsoft CFO to run its finances
- Dell's profit, stock drop on weak quarterly report
- Dell profit falls 54 pct; report pulls shares down
- Intel settles AMD claims but isn't off the hook
- Verizon profit falls 30 pct on restructuring costs
- FairPoint voluntarily files for Ch. 11 protection
- Icahn offers CIT Group $6 billion loan
- EBay to lay off several dozen employees
- Canada's Canwest enters bankruptcy protection
- Canada's Canwest to seek court protection
- Dell's numbers show PC industry staggering back
- Fairpoint Communications posts 2Q loss of $17.8M
- MySpace to cut 300 international positions
- Business Highlights
- Fujitsu books annual loss on restructuring fees
- Time Warner 1Q profit falls on cable spin
- SAP 1Q net profit falls 16 percent to euro204 million
- As Oracle readies takeover, Sun's loss widens
- AMD posts deeper loss, shares fall
- TI profit, revenue tumble on shrinking demand
