NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Bridgewater Equity (BWE).

Nortel Demonstrates 100GbE Traffic over 100G Wavelength

Ultra-Fast CDMA Service Connects Mobile Users With Anytime, Anywhere Internet Access

Polatli-Konya Line Passengers to Benefit from Comfortable, Fast and Economic Transportation

Barclays is bullish on Ciena.

Bernstein hangs up on Big Telco.

The Chinese central government has finally set up a system to bring fast wireless 3G service to the mainland. In a country where handsets are used the way that many people in the US and EU use laptops, the move will bring a new generation of multimedia access to hundreds of millions of people and should make several US companies a lot of money. According to The Wall Street Journal. "China Mobile Ltd. (CHL), the dominant carrier, would be assigned the Chinese-developed TD-SCDMA standard. The global standards WCDMA and CDMA-2000 are to go to China Unicom Ltd. (CHU) and China...

Check out the year's biggest Huawei stories, and find out how the Chinese vendor seems inextricably linked to Canadian rival Nortel

Yesterday's market is today's road map.

Filed under: Sirius Satellite Radio (SIRI), Nortel Networks (NT)

Sirius XM Radio (NASDAQ: SIRI) shareholders approved two proposals: The first, to issue up to 3.5 million more shares, increasing the number of common stock from 4.5 million to 8 million. The second, to enact a reverse stock split by a ratio of not less than one-for-ten and not more than one-for-fifty.

Sirius faces delisting from the Nasdaq as its stock has traded below $1 since September 19. It was given a grace period until the end of January. With the reverse stock split, the satellite radio company will try to spruce up its battered stock price, avoid delisting and also pay down debt.

I doubt this will help. The problems at Sirius are great and have been exacerbated by the current economic slowdown and an auto industry in shambles. The 13.5 cent stock price reflects investor concerns. Sirius is unprofitable and has a large debt load of $1 billion, due in part in February. It also didn't have positive cash-flow for a full-year to date, but predicts breakeven cash flow in 2009, and positive cash flow in 2010.

Continue reading Sirius XM shareholders OK reverse stock split -- it's not going to help

Sirius XM shareholders OK reverse stock split -- it's not going to help originally appeared on BloggingStocks on Fri, 19 Dec 2008 09:39:00 EST. Please see our terms for use of feeds.

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Each of these companies recently sported a multi-billion dollar capitalization, but now is a microcap (market cap < $250M).  All figures below courtesy of Yahoo! Finance and Yahoo! Stock Screener: 1.  RH Donnelly (NYSE:RHD) Market Cap:  $23.4M % off 52-week high: 99% Employees: 4,700 Description: RH Donnelly is one of the nation’s largest providers of telephone directories and online yellow [...]

Filed under: Deals, Nortel Networks (NT)

It definitely looks like M&A activity will decline in 2009. What's more, it appears that private financings and public offerings will continue to remain lackluster.

This is bad news for investment banks. However, some of these operators are finding ways to maneuver around by focusing on restructuring work.

Perhaps one of the biggest beneficiaries is Lazard Ltd (NYSE: LAZ).

In fact, this week the firm snagged Timothy R. Pohl, the co-head of restructuring practice at Skadden, Arps, Slate, Meagher & Flom.

Pohl will certainly be busy as Lazard is currently working on the bankruptcies of Lehman Brothers and VeraSun.

This week, Lazard also got several new plumb assignments. The firm is advising Nortel Networks (NYSE: NT) on restructuring options, and other new clients include Tribune and even the United Auto Workers.

Of course, with the protracted credit crunch and the declining global economy, we'll likely see more leveraged companies hitting the wall, providing much more business for Lazard.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Streetsmart Guide to Short Selling: Techniques the Pros Use to Profit in Any Market. He is also the founder of BizEquity, a valuation website.

Lazard: Feasting on the bankruptcy boom originally appeared on BloggingStocks on Fri, 12 Dec 2008 12:05:00 EST. Please see our terms for use of feeds.

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 It's been expected and now it's official: the New York Stock Exchange is warning Nortel Networks Corp. [NT] that it could be delisted if its shares remain below $1....

Filed under: Ford Motor (F), Federal Natl Mtge (FNM), Amer Intl Group (AIG), Nortel Networks (NT)

The New York Stock Exchange has told Nortel (NYSE: NT) that it may face being delisted. According to The Wall Street Journal, the telecom equipment firm will get kicked out "if it cannot bring its share price above the required $1 minimum in the next six months."

Delisting has a lot of problems beyond humiliation. Companies traded on the pink sheets or bulletin board cannot be held by most institutional investors. Stocks that trade in the pennies often face wild price swings as day traders bounce them around.

Who would have thought it would come to this? Many of America's most famous public companies could be up against being booted from the two major stock markets. The list is very long and it includes Sirius XM (NASDAQ: SIRI), Fannie Mae (NYSE: FNM), Ford (NYSE: F) and AIG (NYSE: AIG). The first two have already been below $1 for a fairly long period. AIG and Ford have gotten close.

What can be done? The current market drop, seen through the eyes of the exchanges, is an emergency. NYSE and NASDAQ face losing some of their signature listings, but they have an option. They could simply suspend some of their rules and allow companies to stay listed even if they do not meet the current requirements. The modification could be set for a year, at least initially.

If the exchanges alter the rule to keep some of their listed companies, who gets hurt? Probably no one. Rather, the firms in trouble and their shareholders get helped.

Douglas A. McIntyre is an editor at 247wallst.com.

Nortel (NT) may face delisting, along with a bunch of other companies originally appeared on BloggingStocks on Fri, 12 Dec 2008 10:00:00 EST. Please see our terms for use of feeds.

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Schaeffer's analyst Colleen S. King takes a look at news on the Street before the market open.

Schaeffer's analyst Elizabeth Harrow takes a look at the major news of the day on Wall Street.

Elizabeth Harrow takes a look back at news that drove the major market indices today.

Joseph Hargett takes a look at news on the Street before the market open

Beth Gaston Moon takes a look at activity in the options pits today.