09:58 AM EST - Nortel Networks Corp. : filed for bankruptcy protection. Toronto-based Nortel said today that the company and its various subsidiaries would seek protection from creditors with filings in Canada, the United States and Europe. The move comes in advance of an interest payment Nortel was scheduled to make this week of about US$107 million. Nortel Networks Corp.
shares T.NT are trading unchanged at $0.39.
