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CORRECTED: Lucent profit falls in line with warning
YAHOO
Reuters - Lucent Technologies Inc. said
on Wednesday its quarterly profit fell, in line with its
warning earlier this month, when it cited lower sales of
wireless network equipment in North America.
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Lucent drags down telecom equipment shares
YAHOO
Reuters - Shares of Lucent Technologies Inc.
fell on Tuesday, dragging down other telecommunications
equipment stocks with it a day after the company warned of a
fall in third-quarter earnings on slower wireless network
equipment sales.
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Stocks slide on Alcoa, Lucent
YAHOO
AP - Wall Street slumped in early trading Tuesday after disappointing earnings from Alcoa Inc. and a revenue warning at Lucent Technologies Inc. cast doubt on the strength of second-quarter profits.
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Lucent says slow wireless sales push down Q3
YAHOO
Reuters - Lucent Technologies Inc. said
on Monday it expects third-quarter earnings to fall due mainly
to slower sales of wireless network equipment in North America,
in news that pushed down its shares.
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Stocks futures fall after Alcoa, Lucent news
YAHOO
Reuters - U.S. stock futures fell on Tuesday, a
day after bellwether Alcoa Inc. reported disappointing
revenue and communications gear maker Lucent Technologies Inc.
gave a profit warning.
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Alcatel shares fall after Lucent profit warning
YAHOO
Reuters - Alcatel shares fell as much as
6.3 percent on Tuesday after U.S. merger partner Lucent
Technologies warned fiscal third-quarter earnings would
be hit by weak wireless sales in North America.
Sources: YAHOO
Weak opening expected for Europe
YAHOO
FT.com - European equity markets moved lower shortly after the opening on Tuesday following overnight declines on Wall Street and in Asia. European tech stocks were expected to move lower after a profit warning from Lucent Technologies (NYSE:LU) and a downgrade for the US tech sector by Merrill Lynch which contributed to a fall for the Nasdaq on Monday. High oil prices continue to weigh on sentiment with the EU due to hold talks in Brussels with Iran on its nuclear enrichment programme on Tuesday.
Sources: YAHOO
Lucent Expects Third Quarter Revenue To Drop Due To Weak Wireless Sales
AHN
Lucent Technologies reports it anticipates its third-quarter revenue will drop to $2.04 billion due to slow sales of wireless network equipment in North America. Lucent's second quarter revenue was $2.14 billion, and $2.33 billion in the same quarter one year ago. The communications equipment...
Sources: AHN
Lucent says slow wireless sales push down Q3
YAHOO
Reuters - Lucent Technologies Inc. said
on Monday it expects third-quarter earnings to fall due mainly
to slower sales of wireless network equipment in North America,
in news that pushed down its shares.
Sources: YAHOO
Lucent profit falls
YAHOO
Reuters - Lucent Technologies Inc. on
Tuesday posted lower quarterly profit and revenue as the
network equipment maker saw weakness in its businesses in China
and India.
Sources: YAHOO
Lucent Sues Microsoft For Patent Infringement
AHN
Lucent Technologies files a patent infringement suit against Microsoft over its use of MPEG-2 decoding technology.
E-Commerce Times reports that Lucent accuses the software giant of "willful" infringement of its patent."...
Sources: AHN
Lucent sues Microsoft over technology in Xbox 360
YAHOO
Reuters - Microsoft Corp. said on
Wednesday it was reviewing a lawsuit filed against it by Lucent
Technologies Inc. alleging Microsoft's Xbox 360 video
game console contains technology that infringes on a Lucent
patent.
Sources: YAHOO
Thales to Buy Alcatel Satellite Operations
YAHOO
AP - French electronics and defense company Thales SA said Wednesday it will acquire Alcatel SA's satellite and security operations for about 1.7 billion euros ($2.08 billion) in cash and shares, keeping the politically sensitive assets in French hands.
Sources: YAHOO
Lucent sues Microsoft over Xbox patent
YAHOO
Macworld.com - Lucent Technologies Inc. has filed suit against Microsoft Corp. for patent infringement over technology used in its Xbox 360 game console.
Sources: YAHOO
Alcatel, Lucent Shares Dip on Mixed Signals
YAHOO
AP - Shares in French telecom equipment maker Alcatel SA edged down Tuesday amid conflicting signals over the sale of its satellite businesses to defense electronics company Thales SA which could be key to Alcatel's 11.1 billion euros ($13.4 billion) acquisition of U.S. rival Lucent Technologies Inc.
Sources: YAHOO
Stock index futures point to flat open
YAHOO
Reuters - U.S. stock index futures indicated a
flat market open on Tuesday, with investors optimistic about
the outlook for corporate earnings despite
Sources: YAHOO
Stocks rally more than 1 percent
YAHOO
Reuters - U.S. stocks rallied on Monday, with
the Dow gaining more than 1 percent, driven by a burst of
acquisition news, including the telecommunications deal between
Lucent Technologies Inc.'s and France's Alcatel
.
Sources: YAHOO
Lucent And Alcatel Announce Merger and Job Losses
AHN
Lucent Technologies and Alcatel announced plans on Monday to merge the two companies in order to create a dynamic tech powerhouse to compete in the global telecommunications arena.
The move expected to save the companies a billion...
Sources: AHN
Alcatel to buy Lucent for $13.4 bln
YAHOO
Reuters - French
communications-equipment maker Alcatel said on Sunday it would
buy smaller U.S. rival Lucent Technologies Inc. for $13.4
billion to gain market heft and broaden its product mix.
Sources: YAHOO
Alcatel Shares Up On News Of Lucent Deal
AHN
Alcatel SA's shares jumped 6 percent Monday following the announcement of a $13.4 billion stock swap with Lucent Technologies Inc. that will create a powerhouse in a consolidating telecom industry.
The Associated Press said in a report...
Sources: AHN
Alcatel-Thales satellite deal presaged
YAHOO
AFP - On the heels of its merger with Lucent Technologies of the United States, the French telecoms giant Alcatel is hoping this week to announce a space satellites partnership with the Thales defense electronics group.
Sources: YAHOO
Alcatel to Acquire Lucent in $13.4B Deal
YAHOO
AP - France's Alcatel SA will acquire rival telecom equipment maker Lucent Technologies Inc. in a $13.4 billion (11.1 billion euro) stock swap that would form an industry powerhouse with a product line broad enough to entice customers in a consolidating telecom industry.
Sources: YAHOO
Alcatel To Buy Lucent For $13.4 Billion
AHN
Yvonne Lee - AHN Staff Reporter
New York, NY (AHN) - Alcatel announces Sunday that it will by Lucent Technologies Inc. for $13.4 billion.
Reuters reports that the merger will give the companies more leeway in negotiating prices with their customers.
Lucent's Chief Executive Patricia Russo...
Sources: AHN
Alcatel, Lucent merge to create new telecoms giant
YAHOO
AFP - French telecoms technology provider Alcatel and US equipment firm Lucent Technologies announced a merger agreement, creating a 33-billion-dollar giant in global telecommunications.
Sources: YAHOO
Alcatel and Lucent agree to merge
BBC
France's Alcatel and US firm Lucent Technologies, leading IT and telecoms systems firms, agree to merge.
Sources: BBC
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