Business
Wall St. Nortel, Lucent and Qualcomm drop amid concern about corporate spending.
Feb. 13, 2002
Wall Street staggered through another unsettling trading session Thursday, as stocks slumped early in the day only to stage a late recovery and end in positive territory.
Aug. 17, 2001
Tommy Hilfiger in Talks on Brooks Bros.
Wall Street: Earlier Dow rally reverses course amid worries about 2002 corporate profits.
Feb. 22, 2002
Wall St.: Dow drops 144 points and Nasdaq slides to a new low for the year after warnings from Apple, AMD and Ciena.
June 20, 2002
Earnings: PC makers meet or exceed quarterly estimates. They expect sales to fall next quarter.
Technology and the Internet
Ciena Corp. shares (CIEN) soared 18% on Wednesday to a record on speculation that Juniper Networks Inc.
Feb. 17, 2000
Telecom: Optical networking supplier’s second-quarter loss was greater than expected amid slower sales.
May 24, 2002
U.S. stocks failed to sustain two rally attempts on Friday and closed out their fourth straight losing week, even as long-term bond yields sank to record lows.
Aug. 15, 1998
Ciena Corp., the second-largest U.S. maker of fiber-optic telephone equipment, will buy rival ONI Systems Corp. for $900 million in stock and the assumption of $300 million in debt in a plan to add sales in one of the only rising communications-gear markets, Ciena spokesman Glenn Jasper said.
Feb. 19, 2002