Wild Young Salmon Being Wiped Out By Lice From Fish Farms Wild salmon are being driven into extinction by fish farms that were supposed to be saving them from overfishing, Canadian scientists believe.... Read Full Article Study Shows Why The Flu Likes Winter Researchers believe the flu virus is more stable and stays in the air longer when air is cold and dry.... Read Full Article ReganBooks To Shut Down After Firing Of Its Creator HarperCollins announced it will close ReganBooks, the imprint created by the controversial editor Judith Regan.... Read Full Article Music Review: Composers? Works Live On To Outshine Oppression On Sunday, James Conlon led the second of three concerts of ?degenerate? ? the term the Nazis applied to the works of Jewish composers and some others ? and ?generative? music, Mr. Conlon’s term for m... Read Full Article Net Conveyancing Unfair: Builders Victoria will be the first Australian state to enter the brave new world of ’electronic conveyancing’, but not everyone is happy with the proposed online system for exchanging mortgage documents.... Read Full Article |
Alcatel-Lucent Posts Fifth Straight Loss And Lowers OutlookPARIS (AP) — Alcatel-Lucent reported a fifth straight quarterly loss on Wednesday and braced investors for a bleak year, saying the market for telecommunication equipment would be flat. The company said it lost 181 million euros ($282 million) compared with a loss of 8 million euros a year earlier, when results were helped by an asset sale. Revenue fell to 3.86 billion euros ($6.02 billion) from 3.88 billion euros a year earlier. For the full year, Alcatel-Lucent said it expected revenue to decline 2 to 5 percent because of the weak dollar and lower spending by telecommunication operators. It scaled back its outlook, saying 2008 would be a flat market compared with February expectations of “flat to slightly up.” The chief financial officer, Hubert de Pesquidoux, speaking on a conference call, blamed the worsening economic climate. Stock in Alcatel-Lucent, which is based in Paris, fell 0.16 euro, or 4 percent, to 4.33 euros a share. Tag CloudExternal InformationAdditional InformationInvestor wins battle to break up Motorola...New Loss for Home Builder... Fed Chairman Sees Mortgage Damage as Limited... Media Talk: No Game About Nazis for Nintendo... Where Am I?News Main Page - Business - Alcatel-Lucent Posts Fifth Straight Loss And Lowers Outlook |
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