3Com reports strong Q2, pays down debt
Network equipment maker 3Com Corp. posted higher profits for its fiscal second quarter, directing some of the period’s proceeds to pay down its debt before the expected close of its merger with Hewlett Packard Co. bizjournals.com
Qwest issuing $500M in debt securities
Qwest Communications International Inc. is issuing $500 million in debt securities in a private placement and, separately, paying off $525 million in debt coming due next year. (Q) bizjournals.com
General Dynamics profits, sales edge higher
General Dynamics Corp. ended 2009 with modest increases in sales and earnings, and a modest forecast for 2010. (GD) bizjournals.com