Reports Q2 (Jun) loss of 0.11 per share, 0.11 worse than the Capital IQ Consensus Estimate of ( 0.00); revenues fell 4.7% year/year to 3.28 bln vs the 3.27 bln consensus.
Jean Raby, chief financial officer at Alcatel-Lucent SA, talks about plans to sell part of it submarine-cables unit in an initial public offering, cost-saving measures and growth opportunities in the oil and gas industry.
They should spin off all of the submarine business and let it IPO.
Chief Executive Michel Combes said in a statement Thursday the company had completed "the first step of its transformation" and would stop burning cash in 2015.
The company hasn't said when it expects to make a profit.
Following last year's unprecedented policy change, China's budget carriers are poised to soar and may hold the key to the future of aviation in the mainland, an analyst told CNBC.
With this ruling it looks like GM could be liable for the GM dealers.
What I am looking for today is her top 10 stock picks and her top 10 short list. Then latter on today the “Yellon News Letter” will be released where she will have her commodity list and all her upgrades and downgrades on stocks.
Internal VA documents show the depth of fraudulent scheduling, manipulation of data and in some cases intimidation of staff to hide delays in medical care to veterans in the 6-million patient national system.
This is a good thing, we are finely seeing a little inflation, not much but just a little.
Obama has found Putin guilty and sentenced without a trial, no evidence. Now we do not need any judges, no trials and no evidence just a man saying get a rope. No one has heard anything from the black box. Man we could save a whole lot of money by not putting those on the jets now, we do not need the black boxes anymore.
Panasonic has apparently reached a basic agreement to sell its cellphone base station business to Finland's Nokia. The Japanese electronics maker, which has been streamlining, wants to further free itself to focus on growth fields.
The Affordable Care Act could get a whole lot less "affordable" for almost 5 million people if the Obama Administration loses this court fight.
FedEx is facing drug-trafficking charges after a federal grand jury in San Francisco indicted the overnight shipping company, accusing it of conspiring to deliver prescription drugs for illegal Internet pharmacies.
GE's appliances and lighting unit reported revenue of more than $8 billion in 2013. The appliances business may fetch $1.5 billion to $2.5 billion in a sale, Bloomberg quoted the people as saying.
Italian lottery operator GTECH said it will buy Las Vegas-based slot machine maker International Game Technology for $4.7 billion in cash and stock to increase its scale and offerings in the global gaming market.