Cisco, Pirelli may form joint venture; firms are said to be mulling fiber-optic deal

Article Abstract:

The American computer equipment manufacturer, Cisco Systems Inc. and Pirelli S.p.A. of Italy are in talks about a joint venture, although Cisco could also acquire parts of Pirelli's fiber-optic business. This is the most recent move in Cisco's aggressive turn into the fiber-optics industry and follows the recent purchases of startups Cerent Corp. and Monterey Networks Inc.

Italy, Telephone Apparatus Manufacturing, Joint ventures, Data Communications Equip, Statistical Data Included, Computer network equipment industry, Network hardware industry, Data communications equipment, Cisco Systems Inc., Pirelli S.p.A.

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Kodak plans sale of health unit; net loss widens

Article Abstract:

Eastman Kodak Co. of the United States posted a first quarter net loss of $298 million from $146 million last year. Revenue losses are due to restructuring, decreased sales and the increasing cost of silver. The photographic industry concern is considering divesting its health-care unit.

Photographic equipment and supplies, Sales, profits & dividends, Management dynamics, Photographic studios, portrait, Photographic Services, Photography Studios, Portrait, Management, Company sales and earnings, Company earnings/profit, Photographic industry, Eastman Kodak Co., Company business management, EK, Company overview

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Fiber-optic firm shines in first day of Nasdaq training

Article Abstract:

Avanex Corp. saw its share value quadruple in its first day of trading on the Nasdaq. The company posted $172 per share on the Nasdaq.

Securities prices, Communications equipment, not elsewhere classified, Securities, Avanex Corp.

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