Investors pound telecom stocks

Article Abstract:

Industry analysts said that the telecommunications equipment sector, which includes companies such as Brampton, Ont.-based Nortel Networks Corp., will suffer from porr sales for an extended period. Murray Hill, NJ-based Lucent Technologies Inc. and Denver, Colo.-based Qwest Communications International Inc. have cut their capital spending budgets.

Sales & consumption, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Telecommunications equipment industry, Telecommunications systems, Lucent Technologies Inc., LU, Nortel Networks Corp., NT, Qwest Communications International Inc., QWST

---

Catena Networks lands major financing deal

Article Abstract:

Catena Networks Inc. has received new funds for its third-round of financing. Catena will receive US$60 million from a group headed by Goldman Sachs and Berkeley International Capital.

Receipt of funds, Catena Networks, Berkeley International Capital Corp.

---

Watchfire scores large financing deal (Watchfire Corp.)

Article Abstract:

Ottawa-based database management software firm Watchfire obtains seecond round $40-million financing from venture capital companies, led by securities dealer Goldman Sachs and Co.

Prepackaged software, Computer Software, Software Publishers, Contracts & orders received, Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Securities issued, listed, Database Mgmt Software Pkgs (Micro), Computer software industry, Software industry, Software, Contracts, DBMS software, Watchfire Corp.

Similar abstracts:

• Abstracts: CrossKeys gets Matthew' loan. Canaccord looks to new financing deal with Corel. CrossKeys plans company-wide cutbacks
• Abstracts: Investors buy biotechs on news of merger. Ottawa approves biotech deal as probe launched. BioChem in blockbuster merger with Shire PLC
• Abstracts: Handheld device stocks take beating. Futurelink sues ex-CEO over confidential data. Blackberry season
• Abstracts: Hollinger sells CanWest notes. CanWest snaps up TV library. Shaw makes offer for Moffat

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.