Alcatel posts drop of 42% in profit: Lucent net is flat

Article Abstract:

Alcatel S.A., the French telecommunications equipment company which is acquiring rival U.S. firm Lucent Technologies Inc., is reporting a third-quarter net profit loss of 42%, while Lucent's net profits were flat. This gives credence to the reasoning behind t he acquisition, which is expected to save the companies $1.7 billion in t hree years.

Sales, profits & dividends, United States, Lucent Technologies Inc., LU, Company sales and earnings, Company earnings/profit

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France pushes Thales board to buy Alcatel satellite unit

Article Abstract:

French authorities is pushing for Thales S.A. of France to acquire Compagnie Finaciere Alcatel's satellite operations amonst other assets for cash shares. The acquisition would circumvent a deal with Lucent Technologies Inc. of the United States.

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Paris seeks defense-aerospace titan

Article Abstract:

France seeks to create European protonomic, proposing an EADS N.V. and Thales S.A. merger.

Netherlands, Aircraft, Aircraft industry, European Aeronautic Defence and Space Company EADS N.V.

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