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BUSINESS BRIEFS.(TO THE POINT)
FINANCE
Comerica lowers '02 profit view
The Midwest bank cut its outlook to $3.40-$3.50, including a $213 mil after-tax charge to cover rising loan losses and goodwill impairment at one of its units and a 6-cent per-share charge for a change in accounting. Analysts expected $4.70. Comerica cut its already reported Q2 profit 13% to 90 cents. Fitch Ratings cut its credit rating outlook. Comerica fell 10.19, or 20%, to 40.00.
Q3 M&A deals fall, but value rises
Just 1,669 deals were announced vs. 1,847 in Q2, Mergerstat says. But total deal value surged 44% to $151 bil. The biggest deals for the quarter included Pfizer's $58.3 bil buy of Pharmacia and Qwest Communications' $7.1 bil sale of its publishing business. Q3 M&A deal volume in Europe fell 30% to 1,410 from Q2 and deal value slid 29% to $78.3 bil.
$17 bil bonds may be cut to CCC
Standard & Poor's said $17.4 bil, or 3.4%, of rated corporate bonds worldwide that have B-minus ratings could get downgraded or have a negative outlook. That's one step above a CCC rating, which indicates high risk of default. ...
- Openwave Announces Mobile Access Gateway Release 5.0.
- Press release article from: PR Newswire March 20, 2001 700+ words
...fifth generation of the Openwave(TM) Mobile Access Gateway (formerly UP.Link(TM...generation and released earlier this month, Mobile Access Gateway will enable communications...OS"), the latest release of the Mobile Access Gateway will enable mobile operators...
- Openwave Announces General Availability of Mobile Access Gateway Release 5.0.
- Press release article from: PR Newswire July 11, 2001 700+ words
...fifth generation of the Openwave(TM) Mobile Access Gateway. The Openwave Mobile Access Gateway, along with the recently announced...that consumers want. By licensing the Mobile Access Gateway, Openwave provides operators the...
- Aligo Announces New Release of Mobile Access for Groupware; New Features...
- Press release article from: PR Newswire March 30, 2004 700+ words
...today announced enhancements to its Mobile Access offering, the most comprehensive mobile...calendar and tasks. The new release of Mobile Access supports nearly all devices ranging...access methods. The newest release of Mobile Access, generally available immediately...
- Introducing OrbitzTLC Mobile Access: Reaching Out By Letting Customers Reach In.
- Press release article from: PR Newswire August 2, 2006 700+ words
...today announced the launch of OrbitzTLC Mobile Access as part of OrbitzTLC. Now people can...or other wireless device. OrbitzTLC Mobile Access is wireless carrier neutral, available...travelers, so we conceived OrbitzTLC Mobile Access to work with existing mobile browsers...
- inCode and Dejima partner to deploy Dejima Direct Mobile Access solutions in...
- Press release article from: Business Wire March 17, 2003 700+ words
...www.dejima.com), a developer of mobile access solutions, and inCode (www.inCodetel...partnership to deploy Dejima Direct(TM) Mobile Access solutions in the North American market...agreement brings together the Dejima Direct Mobile Access product line and inCode's wireless...
- Cisco: new mobile access router to extend edge of network to new...
- Newspaper article from: Software Industry Report October 7, 2002 700+ words
...has announced the Cisco 3200 Series Mobile Access Router, a new solution optimized for...wireless networks. The Cisco 3200 Series Mobile Access Router facilitates mobility of networks...connected while in motion. The Cisco Mobile Access Router addresses the key communications...
- Cisco Announces New Mobile Access Router to Extend the Edge of the Network to a...
- Press release article from: Business Wire October 2, 2002 700+ words
...today announced the Cisco 3200 Series Mobile Access Router, a new solution optimized for...wireless networks. The Cisco 3200 Series Mobile Access Router facilitates mobility of networks...connected while in motion. The Cisco Mobile Access Router addresses the key communications...
- Dejima Launches Dejima Direct Mobile Access In North America; Single step...
- Press release article from: Business Wire March 17, 2003 700+ words
...www.dejima.com), a developer of mobile access solutions, today announced the launch...North America of Dejima Direct(TM) Mobile Access, a carrier-grade suite of products...selling and deploying Dejima Direct Mobile Access in Europe and Japan, and is now bringing...