Quarterly Earnings

REDWOOD CITY, Calif.—Shares of Openwave Systems Inc. plummeted after the mobile software developer projected a net fourth-quarter loss and received subpoenas in a broadening stock-options investigation. Openwave said it expects …

BELLEVUE, Wash.—Nexage Inc., which provides wireless multimedia software and services, said it closed its first round of funding for its mobile TV platform venture. Funding came from John Ostrem, founder …

NEW YORK—Mobile software developer Juice Wireless Inc. snared a $1 million investment from telecommunications service provider Citizens Communications Co. Juice, which is hoping to gain traction on the crowded playground …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

WATERLOO, Ontario—Research In Motion Ltd. yesterday reported fiscal first-quarter 2007 revenue of $613 million, a 35-percent jump from the year-ago quarter, but profits for the quarter of $129.8 million were …

MOUNTAIN VIEW, Calif.—VeriSign Inc. confirmed it received a grand jury subpoena requesting documents related to the company’s stock-option grants and practices. The company is the latest in a growing list …

SUNNYVALE, Calif.—Palm Inc. said it will pay Xerox Corp. $22.5 million to settle a 9-year-old patent infringement lawsuit over handwriting-recognition technology. Xerox filed the lawsuit in 1997, claiming Palm’s “Graffiti” …

AUSTIN, Texas—Fabless semiconductor company PulseWave RF Inc. said it raised $30 million in its third funding round. Oak Investment Partners led the round, and existing investors Austin Ventures, Bay Partners …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

ALAMEDA, Calif.—UTStarcom Inc. reported a net loss for the first quarter of 2006 of $10.6 million, or 9 cents per share, a reversal from the net profit of $37 million …

WASHINGTON—Motient Corp.’s largest shareholder filed a new lawsuit against the wireless company, alleging in a Texas court that a recent transaction involving mobile satellite service ownership changes violates federal securities …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

TORONTO—Nortel Networks Corp. said it will offer $2 billion in senior unsecured notes. The company said it plans to use $1.3 billion of the net proceeds of the offering to …

VIENNA, Va.—MobileAccess Networks said it secured $11 million in a financing round led by private-equity firm Ziegler Meditech Equity Partners. Existing investors also participated, including HarbourVest Partners, Pitango Venture Capital …

SAN DIEGO—Sequoia Communications, a fabless RF semiconductor company, said it raised $25 million in its series E round of financing. The round was led by BlueRun Ventures and included participation …

SAN DIEGO—Qualcomm Inc. boosted its financial guidance for the third fiscal quarter ending June 25 due to what the company said was strong demand for its chips for W-CDMA handsets …

NEW YORK—Comverse Technology Inc. offered a glimmer of good news even as it is embroiled in a stock options investigation that forced the company to delay its most recent financial …

DALLAS—Texas Instruments Inc. raised its business outlook for the second quarter during a scheduled update. The company said it now expects to earn revenues from continuing operations of between $3.63 …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

NEW YORK—Nortel Networks Ltd. has finally caught up with its financial filings after a series of restatements and delays, but the figures for the first quarter of 2006 included larger …

RICHLANDS, Va.—Pegasus Tower Co. Ltd., which develops and manages wireless towers, said it raised $20 million in equity financing as part of a joint venture with two investment firms. Peppertree …

NEW YORK—Juice Wireless Inc. said it has snared $4 million in a funding round led by 21Ventures L.L.C. The New York-based startup said it will use the capital to market …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

NEW YORK—AT&T Inc., CBS Corp. and H.J. Heinz Co. are among the 10 corporations with the worst credit outlooks among U.S. investment-grade bond issues, according to a report released today …

CHICAGO—U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., have further delayed their year-end regulatory filings, as well as filings for the first quarter of 2006. TDS …