Feeds

Nortel Q2 figures beat analysts' predictions

Strong growth in Europe, North America and Asia Pacific

  • alert
  • submit to reddit

SANS - Survey on application security programs

Nortel Networks saw shares rise yesterday on the back of better than expected results for its second quarter. The Ontario-based networking vendor posted net profit of $368 million, and compared to $212 million for the same period last year. Sales grew 30 per cent to $5.41 billion, from $4.16 billion last year. Figures also showed the company had turned around its wireless product sales -- which had suffered from falling turnover in the first quarter, compared to the previous year. Earnings per share were 55 cents - First Call had forecast earnings of around 50 cents per share. Analysts said Nortel was on track to hit its full year financial targets and that it had allayed investors' fears concerning Y2K purchase delays. The manufacturer's prospects look healthy for the second half of the year. Shares surged 6.3 per cent, or C$8, to C$134.45 on the Toronto Stock Exchange yesterday following the announcement. ®

Combat fraud and increase customer satisfaction

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.