Alcatel-Lucent Posts Loss, but Revenue Climbs 18%
288
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.
217734
The smartphone maker said Tuesday that it swung to a loss in its fiscal second quarter as revenue fell and expenses rose.
723126
FuelCell Energy reports a better-than-expected quarterly loss.
157226
Alcatel-Lucent  gave a weak  outlook for 2008 and scrapped its dividend after posting a net  loss of 3.5 billion euros ($5.12 billion) for its first year as  a merged entity.
707599
Alcatel-Lucent  gave a weak outlook for 2008 and scrapped its dividend after posting a net loss of 3.5 billion euros ($5.12 billion) for its first year as a merged entity.
433262
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.
259267
Alltel Corp. reported Tuesday that profits from its wireless business rose as it built sales and added customers in its fourth quarter, but overall earnings slid 12 percent, showing the effect of Alltel's spinoff of its traditional phone business.
641017
(InfoWorld) - Lucent Technologies has averted a potentially embarrassing delay of its shareholder vote on a merger with Alcatel,Â settling two suits by shareholdersÂ who said the deal doesn't maximize shareholder value. Lucent and AlcatelÂ agreed in April to mergeÂ into a global communications vendor that would have about $25 billion in annual revenue. Both companies plan to hold shareholder votes to approve the deal on Thursday. Plaintiffs in Resnick vs. Lucent Technologies Inc. wanted to postpone Lucent's vote, and the company was due at a hearing Wednesday in the Superior Court of New Jersey in Union County to fight that move. Another group of shareholders pursuing a similar suit, Asa R. Maley Trust vs. Lucent, also would have joined the hearing. Now Lucent won't have to face the danger of a legal entanglement the day before its planned vote. Both suits were intended as class actions on behalf of owners of Lucent stock. Terms of the settlement Lucent reached with them will be disclosed later, the company said in a filing to the U.S. Securities and Exchange Commission on Friday. The Lucent-Alcatel deal would be one of the biggest shifts yet in the consolidation of both service providers and vendors in the telecommunications industry. Both the U.S. Federal Trade Commission and the European Commission have approved the plan, but it still faces opposition from some investment firms and needs the blessing of the Committee on Foreign Investment in the U.S. Lucent is based in Murray Hill, New Jersey. The merged company, to be called Alcatel Lucent, would have its headquarters in Alcatel's base of Paris. Â ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
484249
JDS Uniphase Corp., a maker of fiber-optic equipment, on Wednesday posted a deeper loss for the first quarter despite sharply higher revenue.
485319
Alcatel-Lucent stepped up job cuts to 12,500 after lurching into a fourth quarter loss and forecasting a first-quarter sales dip as tough trading and uncertainties from the merger take their toll.
704604
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.
126991
Cablevision Systems Corp. on Tuesday said it narrowed its third-quarter loss as revenue jumped 20 percent, buoyed by subscriber growth.
660560
Motorola's mobile-phone business recorded a $138 million loss in the third quarter, with handset revenues declining by 36 percent to $4.5 billion in comparison with the year-earlier period. Nevertheless, Motorola executives remain upbeat about the ailing unit's prospects for returning to profitability, noting that substantial progress has been made during the quarter.
219266
Network computer maker Sun Microsystems Inc.  on Thursday posted a narrower quarterly loss as revenue rose year over year for the second consecutive quarter after three years of declines, sending shares slightly higher.
652712
Newly merged telecommunications equipment maker Alcatel-Lucent has reported a slump in underlying profits last year and ramped up planned job cuts to 12,500 or 15.6 percent of its global workforce.
62406
France's Alcatel SA completed its $11.6 billion acquisition of Lucent Technologies Inc. on Thursday, creating a new leading global telecom equipment maker, the companies said in a statement.
474917
Lucent Technologies&#39; quarterly earnings rose sharply, helped by improvement in its wireless networks business and lower costs, the company said Wednesday.