First Profit Since 2000 For Lucent
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Lucent Technologies Inc, the nation&#39;s leading telecommunications-equipment maker, recorded its first annual profit since 2000, fueled by rapid growth in its wireless telephone division, the company announced yesterday.
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Alcatel-Lucent finished its first full year as a merged company with a net loss of 3.52 billion euros and sales of 17.79 billion euros, a 2.5 percent drop.
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Steel giant Arcelor Mittal reports profits of $2.37bn for the final quarter of 2006, the first results since last year's merger.
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Memory maker announces first half-yearly profit, too
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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Lucent Technologies Inc. LU.N, among  the world's largest makers of telecommunications equipment, on  Wednesday said quarterly earnings rose, helped by improvement  in its wireless networks business, which makes base stations  and other products.
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The airline posts its first profit in three years.
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Lucent Technologies, fresh off its first profitable year since 2000, has rewarded its top executives with hefty bonuses. Pat Russo, the Murray Hill- based company&#39;s chairman and chief executive
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Plus:  Microsoft tops its expectations...Google doubles profit year-over-year...SAP earnings beat estimates...EarthLink trims outlook...AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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Lucent Technologies Inc. LU.N, among  the world's largest makers of telecommunications equipment, on  Wednesday said its fourth-quarter earnings more than tripled,  helped by improving demand in products for wireless networks  and a growing service business.
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Plus: AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report...IBM net income inches higher, despite legal bill.
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Anglo-Dutch steel producer Corus yesterday reported its first profit since it was formed by the merger of British Steel and Hoogovens almost five years ago.
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Telecommunications equipment maker Lucent Technologies Inc., rebounding from multibillion dollar losses, reported a larger profit for its fourth fiscal quarter and recorded its first profitable year since 2000.
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Telecommunication equipment titan Alcatel-Lucent sees global economic woes causing it uncertainty in 2008 after the newly merged company survived a choppy 2007, reporting a fourth-quarter loss Friday and scrapping its dividend for last year.
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French-US telecom equipment maker Alcatel-Lucent issued its second profit-warning of the year Thursday, sparking a sharp fall in the group&#39;s share price despite management assurances the merger of the two groups would prove fruitful.
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The DVR pioneer turns a profit for its latest quarter.