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TORONTO – A defence lawyer for former Nortel Networks Corp chief executive Frank Dunn clashed with a company auditor Thursday over whether Nortel sought to conceal accounting reserves that padded profits and triggered bonus payments.
May 24, 2012 at 18:14 | Source: montrealgazette.com
TORONTO — Mired in a widening probe to clear a bulge of accounting provisions from Nortel Network Corp’s balance sheet in 2003, the company’s auditors missed tens of millions of dollars more in irregular items being targeted for the bottom ...
May 23, 2012 at 17:46 | Source: The Vancouver Sun
It's been nearly a year since telecomm giant Nortel sold off its patent portfolio, and its buyers have been quick to turn it into a business. When Apple, Microsoft and four other technology companies spent $4.5 billion on the patent collection ...
May 21, 2012 at 15:04 | Source: CNET News
Nortel Inversora (NYSE:NTL), a company whose shares are moving quickly, is trading 2.3% lower to $15.71. The S&P is trading fractionally lower to 1,316 and the Dow is trading fractionally lower to 12,479. In the past 52 weeks, shares of Nortel Inversora ...
May 24, 2012 at 16:26 | Source: Financial News Network Online
During the first four months of this interminable Nortel trial, there's been a huge, unanswered question. How did Deloitte - Nortel's external auditor for more than a decade - justify signing off on multiple sets of books for 2002 and 2003 that were so ...
May 17, 2012 at 23:58 | Source: Calgary Herald
TORONTO, ONTARIO--(Marketwire -05/10/12)- Nortel(1) Networks Corporation (OTC.BB: NRTLQ) - -- Through the creditor protection process, Nortel has sold all of its businesses and remaining patents and patent applications generating ...
May 10, 2012 at 19:06 | Source: Yahoo Finance
May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Nortel Inversora (NYSE:NTL) on February 8th, 2012 at $24.29. In approximately 3 months, Nortel Inversora has returned 33.80% as of today's recent price of $16.08.
May 22, 2012 at 15:31 | Source: TMCnet
TORONTO, ONTARIO — Nortel(1) Networks Corporation (OTCBB:NRTLQ) and Nortel Networks Limited confirmed today that their unaudited condensed consolidated financial statements and related Management's Discussion and Analysis of Financial ...
May 11, 2012 at 01:32 | Source: msnbc.com
You may recall last summer that Apple, Microsoft, EMC, RIM, Ericsson and Sony all teamed up to buy Nortel's patents for $4.5 billion. They beat out a team of Google and Intel who bid a bit less. While there was some antitrust scrutiny over the ...
May 20, 2012 at 23:55 | Source: Tech Dirt
The company also made a bid for patents formerly held by Nortel that was thwarted by an industry consortium that included Microsoft, Apple and Research in Motion and that bid a total of $4.5 billion for the Nortel patents. Google had bid a total of $900 ...
May 21, 2012 at 15:54 | Source: Network World Fusion