Alcatel-Lucent has worse Q3 than expected
Alcatel-Lucent stocks tumbled today as the world's largest supplier of fixed-line phone networks revealed its third-quarter sales were worse than analysts had expected. The news sent the stock price plummeting to its biggest drop in nearly two months. The larger-than-expected loss was $270 million, or 8 cents a share.
Bloomberg | 10/30
This story published in USTelecom dailyLead on 10/30/2009
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