Lucent shines a little brighter
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It&#39;s been a good two weeks for Lucent. Just when it looked like the troubled vendor was set to come in behind the pack in the 3G contract race, the carrier jumped ahead with two gigantic contract wins.
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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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PARIS, February 27  /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) and E-Plus announced today that the world's leading network integrator will be managing several network business divisions of Germany's third-largest mobile communications provider, E-Plus Mobilfunk.
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Lucent Technologies Inc, the nation'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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Lucent Technologies Inc. LU.N, among  the world's largest makers of telecommunications equipment, on  Wednesday said quarterly earnings rose sharply, helped by  improvement in its wireless networks business and lower costs.
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Sharper Image stock may be worth a look at current levels.
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New 2300MP digital model offers high brightness and resolution, at a low price.
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Lucent Technologies Inc. said on  Tuesday it has reached a tentative agreement with the unions  representing 10 percent of the telecommunications equipment  maker's work force.
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Farewell, my lovely old flashlight? Incandescent bulbs are being supplanted by a new generation of light-emitting diodes.
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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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A new device offers a pixel layout that saves battery life and presents a sharper picture.
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Pioneer is working on technology to deliver more effervescent colors to plasma displays with black levels.
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(InfoWorld) - Alcatel-Lucent's revenue fell for the fourth quarter and the company plunged into loss. The performance was disappointing, but theÂ long-term prospects of the mergerÂ of Alcatel and Lucent Technologies remain positive, the company said. Fourth-quarter revenue dropped 16 percent year-on-year on a comparable basis, to â¬4.42 billion ($5.83 billion as of Dec. 31, the last day of the period reported) from â¬5.25 billion, while revenue for the full year fell to â¬18.25 billion from â¬18.57 billion. Although the merger was onlyÂ completed at the end of November, the company provided pro-forma figures as if the merger had taken place on Jan. 1, and restated earlier figures on a comparable basis. On that basis, the company made a net loss of â¬618 million in the fourth quarter, compared to a net profit of â¬381 million a year earlier. For the full year, net profit fell to â¬522 million, down from â¬1.67 billion on a comparable basis the previous year. The disappointing performance was due to uncertainty among customers and staff about the outcome of the merger, and to a highly competitive market in North America during the fourth quarter, the company said. As it proceeds with the integration of Alcatel and Lucent, the company expects to realize cost savings of â¬600 million this year, and a total of â¬1.7 billion in cost savings within three years of the merger. The savings will come from optimization of its supply chain, and the elimination of duplicate resources and products, and around 12,500 jobs. Post-merger, the company makes around three-quarters of its revenue from carrier products. Revenue of â¬1.47 billion came from fixed-line telecommunications equipment in the fourth quarter, â¬1.24 billion from wireless equipment, and â¬510 million from converged products. Enterprise networking equipment accounted for â¬410 million, and services for â¬740 million. Demand was particularly strong for enterprise IP telephony equipment in Europe, the company said.
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One feature I'd really like, the equivalent of a neutral density filter to better handle scenes with bright and dim patches, appears headed for Lightroom.
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Data speeds could get a boost from Intel breakthrough into processors that make and manipulate light.
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The medical-device maker puts in a nice quarter despite its recent recall trouble.
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PARIS  --  Alcatel SA and Lucent Technologies Inc. overcame shareholder misgivings to win firm backing Thursday for their $10.7 billion tie-up to create a major global telecommunications equipment maker.