Legato shares plummet on news of report delay

Article Abstract:

Legato Systems Inc. saw its share value drop by 55% as the company postponed the release of its yearly report. The company delayed its annual 10-K financial filing for the 1999 year.

Legato Systems Inc., lgto

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Visteon drops 24% on profit warning for fourth quarter

Article Abstract:

Visteon Corp. saw its share value fall by 24% after it forecasted lower-than-expected earnings for the 2000 fourth-quarter. The company is planning to take an approximately $140 million (159 million euros) noncash after-tax write-off.

Sales, profits & dividends, Forecasts, trends, outlooks, Forecasts and trends, Visteon Corp. (Dearborn, Michigan)

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Belgian court tells L&H to draw up new ravamp plan

Article Abstract:

Lernout and Hauspie Speech products N.V.'s recovery plan has been rejected by a Belgian judge for lacking substance. The judge told the company that it should write up a new restructuring plan.

Organizational history, Belgium, Lernout & Hauspie Speech Products N.V.

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