Another unfortunate outcome is that this likely means that many of the Lucent assets are likely to be jettisoned, sold or partnered off at unfavorable fire-sale terms, compared to what was paid for them. The company has managed to burn through about half a billion euros (or about $650 million) just in the first quarter alone.
“The unit is very profitable, with double-digit margins -- that’s well above what the company is getting out of its business overall.”
Another Alcatel unit, which sells phone equipment to businesses, is also among assets the company may sell, with talks at an early stage
The Submarine business is very profitable, with double-digit margins and it is for sale and it should sell very easily.
The unit is very profitable, with double-digit margins it should be very easy to sell and get a good price for it. Selling something that is very profitable should bring in the very needed cash for ALU to keep operating on. What is the next unit that will be sold. I here the IP unit looks pretty good to be sold off.
Chinese exports rose 14.7 percent in April from a year earlier, above market expectations for a 10.3 percent increase, while imports rose 16.8 percent – beating forecasts for a 13.9 percent rise.
China’s export and import growth unexpectedly accelerated in April even as economists expressed skepticism over the data and shipments to the U.S. and Europe fell.
Sweeping change is not likely to happen overnight. Jeremy Delinsky, chief technology officer at Athenahealth, which supplies electronic medical record systems, notes that there is no infrastructure for physicians to easily share patient information.
U.S. physicians and hospitals are in the digital dark ages when it comes to using the latest mobile devices and Internet services to deliver patient care.
Taxpayer money adding more and more jobs. Jobs jobs jobs from the Obama administration.
They include the right to levy a penalty against businesses and individuals who don't provide or acquire insurance. Noting that the IRS will collect the penalties, the decision labeled them a tax.
Windows 9 this year or next year.
"Key aspects" of how the software is used will be changed when Microsoft releases an updated version of the operating system this year,
found that the plans to swap equipment needed for different missions are impractical, the vessel’s width may prevent it from docking in some ports, and the decision to proceed with two versions complicates logistics and maintenance.
Building ships that can not be used?
Even though its first flying car is still at least two years away, a Massachusetts aerospace firm has unveiled a new design for a future product after that, one more akin to a helicopter than a plane.
The city neither admitted nor denied wrongdoing. I thought the SEC said they would not settle fraud charges like this anymore.
Growth is shrinking and France expects its economy to expand by 0.1 percent this year, but the European Commission forecasts a 0.1 percent contraction.
Syria threatened retaliation against Israel after an aerial strike on the outskirts of Damascus caused explosions that rocked the capital, increasing the risk of a wider regional conflict.
Unlike traditional spacecraft and space stations, which are restricted in size by the outer dimensions of the rockets used to deliver them into orbit, Bigelow’s vessels are inflatable.
Israeli warplanes struck areas in and around the Syrian capital Sunday, setting off a series of explosions as they targeted a shipment of highly accurate, Iranian-made guided missiles believed to be bound for Lebanon's Hezbollah militant group