Fiber-optics firms strike a $41B deal

Article Abstract:

JDS Uniphase has signed a definitive agreement to acquire rival SDL for $41 billion in stock. If the merger is completed, fewer companies will control the rapidly-growing fiber optic components market. JDS Uniphase is attempting to become one of the very few firms that manufacture all the hardware that go into fiber optic pump modules. These models amplify light carrying data signals over fiber optic lines, thus enabling them to travel farther. However, JDS has attracted that attention of regulators as it has already acquired 17 rivals since the mid-1990s.

Other Communications Equipment Manufacturing, Communications Eqp ex Broadcast, SDL

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H-P, Compaq marriage receives chilly reception

Article Abstract:

The merger of Hewlett-Packard and Compaq Computer is not being received well by Wall Street and other observers. The merger would create a computing giant with $87.4 billion in annual revenue, but investors are concerned that the two weak companies cannot create a strong company.

Electronic computers, Electronic Computer Manufacturing, Computers & Auxiliary Equip, Compaq Computer Corp., CPQ, Abstract, Hewlett-Packard Co., HWP

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Disaster takes toll on firms' earnings

Article Abstract:

This article discusses the effect of the September 11 terrorist attacks on corprate earnings. Profits were already expected to be down, but the attacks may adversely affect even those companies that were doing well.

Sales, profits & dividends, Forecasts, trends, outlooks, Business

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