Agere Systems of Allentown is planning a reverse stock split to boost the price of its shares, which have fallen about 70 percent this year. Agere wants to avoid being delisted from the New York ...

Agere’s shares have been trading below $3 on and off for the past year. The company decided not to pursue a reverse stock split, a move some analysts continue to question.

Agere slashed its price range last Thursday to between $6 and $7, from $12-to-$14, a sign the underwriters are concerned about getting the deal done. The company also bumped up the number of ...

Agere shares got a price cut again. Soon they'll be paying investors to take shares off their hands. Newsletters Games Share a News Tip. Featured. Featured. Breaking News. White House Watch.