Feeds

Nortel shrinks loss

Compresses stock

3 Big data security analytics techniques

Nortel turned in improved Q3 results today and promptly boosted its share price - but only by consolidating its stock.

The comms giant brought in revenues of $2.96bn in the third quarter of 2006 compared to $2.52bn in the third quarter of 2005.

But the company made a loss of $99m on this turnover in the quarter, down from a loss of $366m in the third quarter of 2005.

The loss was blamed on a $43m charge for sorting out employee benefits, the $38m cost of settling shareholder legal action and charges of $25m for restructuring.

The company announced a share consolidation program - every ten old shares will be combined into one new share. The scheme, which starts December 2006, is designed to make the stock more attractive to institutional investors. Or as the press release has it, "to increase investors' visibility into the Company's profitability on a per share basis

The full results are available here.®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
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.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
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.