Com Dev stock slides 35%

Article Abstract:

Com Dev International Ltd shares plunged 35% on the Toronto Stock Exchange following the company's announcement that its loss for the third quarter of 1999 would be three times higher than projected. The company's share tumbled a day after the Cambridge, Ontario, Canada-based maker of wireless phone and satellite equipment announced a reorganization plan that would include laying off about 15% of its work force, a management reshuffle and shut down of wireless equipment facilities in the US.

Other Communications Equipment Manufacturing, Securities prices, Communications Eqp ex Broadcast, Com Dev International Ltd.

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Private sector seen key in tech success

Article Abstract:

The Expert Panel on Commercialization has recommended creating more room for corporate executives to commercialize technology and economic issues in Canada. Details of the report are analyzed.

General services, Management dynamics, Management, Economic aspects, Technology application, Company systems management, Information management, Executives, Private sector, Company business management

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