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Nortel Implements Previously Announced Share Consolidation (SYS-CON Media) - Nortel Networks Corporation [NYSE: NT , TSX: NT] today implemented the previously announced consolidation of its issued and outstanding common shares as approved by the Company's Board of Directors on November 6, 2006 and its shareholders at the annual and special meeting of shareholders on June 29, 2006.. Refinancing won't solve debt problems (Bankrate.com via Yahoo! Finance) - Tapping equity to refinance a mortgage will wipe out credit card and student loan debt, but it creates new problems if you keep on spending, says the Debt Adviser.. Nortel Implements Previously Announced Share Consolidation (Presseportal) - Toronto, Canada (ots/PRNewswire) - Nortel Networks Corporation [NYSE: NT , TSX: NT] today implemented the previously announced consolidation of its issued and outstanding common shares as approved by the Company's Board of Directors on November . Eliminate Credit Card Debt (Sleepy Eye Herald Dispatch) - (ARA) - You've heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances.. Fitch: Record Debt & Event Risk Dominate U.S. Tech Industry Outlook (Business Wire via Yahoo! Finance) - NEW YORK----Fitch Ratings is more cautious of 2007 credit and operating trends for most U.S. information technology sectors, even though the overall industry is expected to remain stable.. Vertical Completes Acquisition of Vodavi (FinanzNachrichten) - Vertical Communications (VRCC.OB)( “ Vertical †), a leading provider of next-generation, IP-based phone systems and applications that help businesses better serve their customers, announced today the completion of its acquisition of Phoenix, Arizona-based Vodavi Technology, ( Nachrichten ) Inc. (NASDAQ:VTEK) ( “ Vodavi †) for $7.50 per share, or approximately $31.1 million in the aggregate.. Local banks should lower NPL ratio, says Fitch (The Star Online) - KUALA LUMPUR: Malaysian banks are in “reasonably good financial health” but more efforts should be made to lower the ratio of non-performing loans (NPLs), said Fitch Ratings Financial Institutions-Asia managing director David Marshall.. Nortel, SECI to Establish Southeast Europe Joint Venture (SYS-CON Media) - Nortel[x] [NYSE: NT; TSX: NT] and Southeast European Communications and Investments Inc. (SECI) today announced their intent to establish a joint venture in southeast Europe.. Nortel, SECI to Establish Southeast Europe Joint Venture (SYS-CON Media) - Nortel(x) (NYSE/TSX: NT) and Southeast European Communications and Investments Inc. (SECI) today announced their intent to establish a joint venture in southeast Europe. The creation of the joint venture with SECI - a company that is actively involved with providing advisory services in telecommunications, energy and various infrastructure projects in southeast Europe - will allow Nortel to reach . Nortel, SECI to Establish Southeast Europe Joint Venture (Presseportal) - Belgrade, Serbia, November 30 (ots/PRNewswire) - - JV Nortel SE will Address Regional Carrier Growth Nortel[x] [NYSE: NT; TSX: NT] and Southeast European Communications and Investments Inc. (SECI) today announced their intent to establish .