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  • Friday, February 10, 3:50 AM Shares of Alcatel-Lucent (ALU) +14.5% in Paris trading after reporting FY11 profit of €1.1B compared with a €334M loss in 2010. The company also said it's targeting an additional €500M of cost savings in the coming year and an increase in adjusted operating profit as a percentage of sales from the 2011 level of ~3.9%. (PR)
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This news story has 2 comments:

  • ALU finally made the jump. I know, first-hand, the product. They have phones in every movie and especially at the (WHITE HOUSE). But that's another story.
    10 Feb, 08:59 AM Reply Like
  • LUTHP is the way to go. 15 percent YTM .
    10 Feb, 03:57 PM Reply Like
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