Vendor results - 18/11/06

Publié le par Jean Arnal

Comverse Technology crosses rough months. After stock-option accounting issues, other financial misstatements and errors have been discovered by a special committee formed to investigate. As a result, stock sank 14%.

UTStarcom has received a notice from The Nasdaq Stock Market indicating non-compliance with marketplace rule, and consequently will be delisted on Nov. 27, unless UTStarcom requests a hearing.

Publié dans Vendor - results

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