12:01 PM EST - Nortel Networks Corp. : reported a second-quarter net loss of $274 million U.S. or $0.55 U.S. per common share, compared to net loss of $113 million U.S. or $0.23 U.S. per common share in the second quarter of 2008. Revenues for the quarter were $1.972 billion U.S., compared to $2.622 billion U.S. for the second quarter of 2008, reflecting a reduction of 25% due to declines across all business segments. Nortel Networks Corp.
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