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Verizon Promotes Lowell McAdam

Lowell C. McAdam has been named president and chief operating officer of Verizon Communications, reporting to Chairman and CEO Ivan G. Seidenberg, where he…

TI to Repurchase Stock, Increase Dividend

Texas Instruments plans to repurchase an additional $7.5 billion of its common stock, in addition to the $1.3 billion in repurchase authorizations remaining at…

Cisco Intends to Issue Dividend

Cisco announced plans to issue a dividend during the current fiscal year ending July 30, 2011. Specifics were not disclosed. Cisco said it intends…

Deutsche Telekom Faces Bribery Inquiry

The public prosecutor’s office in Bonn has initiated an investigation into Deutsche Telekom for suspected acts of bribery in Macedonia and Montenegro. The inquiry…