Nachrichten zu Nortel Networks Corp.

Nortel Provides Update on Global Settlement of Shareholder Class Action Litigation

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Nortel Networks: Historical chart, prices and data share Nortel Networks | NRTLQ | CA | Toronto Stock Exchange. To facilitate the maintenance of a fair and orderly market Nortel Networks Corporation options, new NT series with a contract unit of shares will be introduced on Monday, December 4,

The Globe and Mail

Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen Alle: Analysen zu Nortel Networks Corp. Meistgelesene Nortel Networks News. Die wichtigsten News von finanzen. Das Gute liegt oft so nah. Heimische Internet-Unternehmen rollen den Markt auf. Mehr zur Nortel Networks-Aktie. Nortel Networks Peer Group News. Cannabis-Riese Aphria steigert Umsatz und verdient mehr. General Motors hebt Prognose an. Heil kündigt Initiative für europäischen Mindestlohn an Die 5 beliebtesten Top-Rankings.

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The trip through creditor protection would leave nothing for equity holders. Anyone taking a contrarian view by owning the stock will have the dubious distinction of being the last investor to loss money on Nortel. Nortel shares closed Friday at 19 cents. The company has asked for its shares to be delisted before the opening of Monday's trading.

The announcement comes as part of the board of director's decision to liquidate the company. All of Nortel's business units will be sold to pay back creditors. Equity investors typically get nothing from these large restructurings, something to keep in mind as CanWest Global Communications attempts to recapitalize, and General Motors winds its way through creditor protection.

There may be activity in a stock after a creditor filing, but part of the buying will simply reflect short sellers covering positions. Investing in the equity of a company in creditor protection is fraught with peril. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe. If you would like to write a letter to the editor, please forward it to letters globeandmail.

Readers can also interact with The Globe on Facebook and Twitter. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different. Although Nortel believes expectations reflected in such forward-looking statements are reasonable based upon the assumptions in this press release, they may prove to be inaccurate and consequently Nortel's actual results could differ materially from its expectations set out in this press release.

Further, actual results or events could differ materially from those contemplated in forward-looking statements as a result of the following i risks and uncertainties relating to Nortel's restatements and related matters including: For additional information with respect to certain of these and other factors, see Nortel's securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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