Alcatel (ALU) Reduces Job Cut Expectations in France
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January 16, 2014 7:42 AM EST
Evercore Partners downgraded Alcatel-Lucent (NYSE: ALU) from Overweight to Equal Weight with a price target of $4.50 (unchanged).
For an analyst ratings summary and ratings history on Alcatel-Lucent click here. For more ratings news on Alcatel-Lucent click here.
Shares of Alcatel-Lucent closed at $4.36 yesterday, with a 52 week range of $1.27-$4.68.... More
January 15, 2014 6:26 AM EST
Today, Altran and Alcatel-Lucent (NYSE: ALU) announced that they have formed an industrial partnership project to create an expertise and telecoms services centre in the area of Nantes. As part of the project, approximately 170 engineers specialised in 4G technology at Alcatel-Lucents Orvault site located in the West of France would be integrated into Altrans telecoms and media teams.
Altran has been a privileged partner of Alcatel-Lucent for more than 15... More
