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Nortel Networks posts profit in 4Q (AP)
AP - Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.
Today's Top Stock Market Headlines
- Halozyme narrows 4Q loss due to Hylenex payment (AP) AP - Biotechnology company Halozyme Therapeutics Inc. said Friday that it trimmed its fourth-quarter loss with help from a large payment from its partner Baxter International and Swiss drug maker Roche.
- QAD shares slide after 4th-quarter revenue drops (AP) AP - Shares of QAD Inc. sank Friday after the business software provider reported a drop in fourth-quarter revenue and predicted another drop for the first quarter.
- Earnings schedule for week of 03/15/10 (AP) AP - Major companies tentatively scheduled to report quarterly earnings next week:
- SeaChange shares tumble after break-even 4Q (AP) AP - Shares of SeaChange International Inc. tumbled Friday after the company reported a break-even fourth quarter and said one of its top executives has resigned.
- Optimer Pharma reports narrower 4th-quarter loss (AP) AP - Optimer Pharmaceuticals Inc. narrowed its loss in the fourth quarter as expenses declined, the company said.



