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IN BRIEF.(TO THE POINT)
ADC Telecom says it may have broken even in its July Q3, instead of Q4 as the telecom gear maker had forecast. ADC rose 7% to 2.34.
Lincoln National will ax up to 1,000 jobs, or about one-sixth of its staff, after saying in June it would combine its life and annuity units. The life insurer has already cut about 200 jobs.
Eliot Spitzer ended questions about whether Thomas Patrick, Merrill Lynch's ousted No. 2 executive, helped fund a proposed TV documentary that's critical of the New York attorney general.
Nvidia will buy MediaQ for $70 mil to move its graphics chip ...
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