MITEL NETWORKS $10.83 – Toronto symbol MNW

MITEL NETWORKS $10.83 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 99.4 million; Market cap: $1.1 billion; No dividends paid) has reported its second quarter of results that include Aastra Technologies, a Stock Pickers Digest recommendation Mitel acquired in a friendly takeover… Read More

#1 in Europe, #3 here

MITEL NETWORKS $12.03 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 99.9 million; Market cap: $1.2 billion; No dividends paid) is now #1 in business communications products in Europe, and #3 in North American behind Avaya and Cisco, after its January 31,… Read More

MITEL NETWORKS $12.03 – Toronto symbol MNW

MITEL NETWORKS $12.03 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 99.9 million; Market cap: $1.2 billion; No dividends paid) is now #1 in business communications products in Europe, and #3 in North American behind Avaya and Cisco, after its January 31,… Read More

Tender to Mitel’s offer

AASTRA TECHNOLOGIES $44.59 (Toronto symbol AAH; TSINetwork Rating: Speculative) (905-760-4200; www.aastra.com; Shares outstanding: 11.8 million; Market cap: $531.1 million; Dividend yield: 1.8%) reports that its shareholders have approved a friendly takeover offer by Mitel Networks (symbol MNW on Toronto). Mitel’s shareholders have also approved the… Read More