Tuesday, July 31, 2007

Merger costs hit Alcatel-Lucent, shares drop

(Reuters) - Alcatel-Lucent, operating as a combined business since December 1 after the takeover of U.S.-based Lucent by Alcatel of France, has been struggling since then to keep customers spooked by uncertainty over the merged group's technology and product choices.




The group already warned in April that sales could fall short of earlier targets.


Read more at Reuters.com Hot Stocks News

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