Lundin Oil to sell North Sea assets to Talisman Petro-Canada buys Libyan fields
Lundin plans spins off Russian and Sudan holdings while selling North Sea and Asia assets to Talisman for 529 million. Petro-Canada buys 25 per cent of two Libyan undeveloped fields for 112 million. Talisman eyes Malaysia as a new core area and growth driver for 2004.
MENTIONED IN THIS ARTICLE
Weden
Lundin Oil
Talisman Energy Inc
Petro-Canada
Lundin
North Sea
Asia
Talisman
Russia
Sudan
Africa
Malaysia
Vietnam
Papua New Guinea
Canada
Indonesia
Jim Buckee
Buckee
U.S
Nortel May Need Radical Changes, Analysts Say
Nortel Networks facing pressure to pursue drastic steps beyond a nine month slowdown plan led by John Roth as stock hits new lows. Analysts push for mergers or retrenchment, naming Cisco Systems Alcatel Lucent and Juniper as possible partners or targets in a shifting telecom equipment landscape.
MENTIONED IN THIS ARTICLE
Toronto
John Roth
Nortel Networks Corp
Roth
Nortel
Toronto Stock Exchange
Brampton
San Angus
Angus Telemanagement Group Inc
Cisco Systems Inc
San Jose
Calif
U.S
Cisco
Bay Street
Alcatel SA
France
Alcatel
Eae Eee
Mio Thill
Low S&p Finance
Ch S&p
West Tex
Fope
Imax
Kinross Gold
BCE Inc
Delrina
Barrick
Datawest Sol
Sherritt Intl
CRS Robotics
Dene Crs Ae
Giese
Chg Volume
Global Eletn
Gifstim Res
Moveltontine
Helicot A
Promax Energy
United Inc
Cameco
New York
Global Crossing
Comdisco Royal Appinc
Amer Online
Lucent Tech
Winnebago Inds
Tyco Intl
Dimon
EMC
ChtGroup
Vesta Insur
Srey Atla Org
Wilbros
Dan River
West Point
Steven
Compan
Gom
Avantura
Ceduna
Santa Catalina
Eg Tech
Carbite Golf
Glenex Inds
QI Systems
Phoenix Cda
Ocean Lake
Trafina En
Ci Close
Cisco Systems
SCM Micro
JDS Uniphase
Fibercom
Sun Micro
Intel
McLeod USA A
WorldCom
Oracle Sys
Avici Sys Meade
Interland
Microsoft
Transmeta Cp
Internap Nink
Palm
WJ Communs
Exodus Comm
Verily
York Research
Youn
NMT Medical
Nortel Wins Two Wireless Deals Abroad Amid Loss Outlook
Nortel Networks secures two wireless infrastructure contracts worth 270 million USD with China Unicom and Oni Way of Portugal. The deals come as Nortel warns of a 19.2 billion USD quarterly loss, while shares rebound from a 12 day slide. Nortel, based in Brampton, will supply switching base stations and transmission gear for China Unicom's high speed wireless Internet rollout.
MENTIONED IN THIS ARTICLE
Toronto
Nortel Networks
China Unicom
Oni Way
Portugal
Paul Sagawa
Sandford Bernstein and Co
Nortel
Toronto Stock Exchange
China
Air Canada may cut more staff amid losses
UBS Warburg analyst James David warns Air Canada may announce layoffs in coming weeks as losses approach 360 million dollars for 2001. The note lowers projected per share loss to 3 dollars and describes a grim industry outlook due to fewer high paying business travelers.
MENTIONED IN THIS ARTICLE
David
Also Mentioned on This Page
Petro-Gan
Derek Oland
Moosehead Breweries Ltd
Queen and
Duncan Streets
News Weekly Gas Survey
Medicine Hat
Bow Island
Burdett
Lethbridge
Calgary
Edmonton
Grande Prairie
Rocky Mountain House
Cranbrook B.C
Delta B.C. Mission B.C
Abbotsford B.C
Chilliwack
Prince George
Kindersley, Sask
Regina
Sask
Havre
Montana
the Land Development Company
Bill Cunningham
Wayne Jackson
Abtia
Star Data
Aree Po
Bridge Telerate
North Sea Brent
West Texas Intermed
Alaska No. Slope del
West Coast
Henry Hub
N.a
N.g
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