Communication Equipment: Nokia Corporation (ADR) (NYSE:NOK), QUALCOMM (NASDAQ:QCOM), Alcatel Lucent (NYSE:ALU), JDS Uniphase Corp (NASDAQ:JDSU)

Nokia Corporation (ADR) (NYSE:NOK) suffered a jolt when the Supreme Court refused to lift the restraint on sale of its Indian assets, including the Chennai plant, as part of the handset maker’s global deal with the Microsoft. The apex court dismissed Nokia’s plea against the Delhi High Court order directing its parent company in Finland to give an undertaking to fulfil the conditions relating to … Continue reading Communication Equipment: Nokia Corporation (ADR) (NYSE:NOK), QUALCOMM (NASDAQ:QCOM), Alcatel Lucent (NYSE:ALU), JDS Uniphase Corp (NASDAQ:JDSU)

Hot Alert: JDS Uniphase Corporation (NASDAQ:JDSU), Eldorado Gold Corporation (NYSE:EGO), Rock-Tenn Company (NYSE:RKT), Dominion Resources Black Warrior Trust (NYSE:DOM), Verastem, Inc. (NASDAQ:VSTM)

Sandell Asset Management Corp. (“Sandell”), a significant stockholder of JDS Uniphase Corporation (NASDAQ:JDSU), issued the following response to commentary contained in the Company’s DEFA14A supplement to its Proxy Statement filed on December 1: “We believe that JDSU’s purported attempt to “clarify” certain “key facts” in the December 1 supplement to its Proxy Statement is misleading and smacks of desperation. Stockholders should not be misled by … Continue reading Hot Alert: JDS Uniphase Corporation (NASDAQ:JDSU), Eldorado Gold Corporation (NYSE:EGO), Rock-Tenn Company (NYSE:RKT), Dominion Resources Black Warrior Trust (NYSE:DOM), Verastem, Inc. (NASDAQ:VSTM)