• Most Popular
  • Most Shared

Reuters Industry Summit

The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    3Com to skip investor vote, continue merger talks

    NEW YORK
    Thu Feb 28, 2008 8:31pm EST

    Stocks

       

    NEW YORK (Reuters) - 3Com Corp (COMS.O) said on Thursday it plans to immediately adjourn Friday's annual shareholders meeting without taking a vote on a proposed takeover by Bain Capital Partners and China's Huawei Technologies Co Ltd HWT.UL.

    Stocks  |  Private Capital

    The network gear maker said it would continue discussions with Bain and reconvene the meeting a week later, on March 7.

    (Reporting by Martinne Geller; Editing by Braden Reddall)
    Stocks
    Private Capital


    More from Reuters

    Photo

    No deal on CO2 cuts as climate talks enter final day

    COPENHAGEN (Reuters) - U.S. President Barack Obama joined other world leaders in a last push for a new global climate deal on Friday, but with no agreement on the core issue of greenhouse gas emissions they faced an enormous task. | Video

    » More Top News
    Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

    Citi's next challenge

    Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article 

    ECONOMY
    Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

    "We're not asking for a bailout"

    If the U.S. is serious about creating jobs it should invest in aviation programs, says the chief of the Aerospace Industries Association. Just don't call it a bailout.  Full Article 

    AEROSPACE & DEFENSE SUMMIT