Alvarion shares jump on unsourced report of major contract

NEW YORK (Dow Jones)--Shares of Alvarion Ltd. (ALVR) jumped as much as 13% Tuesday on an unsourced report in a Tel Aviv-based newspaper that said the WiMax equipment-maker won a deal in the U.S. worth $90 million to $100 million.

The article, written in Hebrew in the newspaper Calcalist, said the deal is with Clearwire ...