Nokia Siemens in deal to buy Nortel wireless units

Nokia Siemens buys Nortel in $650 million deal
Nokia Siemens Networks said Saturday it will buy Canadian-based Nortel Networks in a $650 million (euro465 million) deal.

Nokia Siemens to Buy Nortel's Wireless Unit
Nokia Siemens Networks agreed to pay $650 million for the wireless unit of the bankrupt phone-equipment maker Nortel Networks Corporation.

Markets mixed at midday ahead of FOMC statement
North American markets were mixed at midday Wednesday, as investors held their fire waiting for the statement from the U.S. Federal Reserve's Open Market Committee in the afternoon.

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