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Alcatel Lucent SA

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  • STOCKHOLM, June 15- Ericsson, the world's largest maker of mobile telecoms equipment, has decided following a management review that the business can expand without pursuing major acquisitions, its chief strategy officer said in an interview. Investment analysts have suggested Ericsson could buy U.S. group Juniper, to expand in Internet routing, or...

  • Alcatel's Combes to join Altice - Challenges magazine Thursday, 11 Jun 2015 | 5:03 AM ET

    PARIS, June 11- Alcatel-Lucent Chief Executive Michel Combes will leave the group that he is selling to Nokia on July 15 and join billionaire Patrick Drahi's Altice holding company from September, Challenges magazine reported. Combes will in particular be responsible for the development of telecoms group Altice in Europe, the French magazine reported.

  • *Company raised $5 million from cyber security fund Team8. TEL AVIV, June 9- Israeli start-up Illusive Networks says it can foil cyber hackers by lulling them into thinking they have found a way to steal data, which is actually fake. The company, founded by Ofer Israeli, previously a researcher at Israeli computer security pioneer Check Point Software, counts U.S....

  • NECKARSULM, Germany, May 22- The contest for Nokia's maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said. Finland's Nokia has started an auction of its maps business HERE while it completes its 15.6 billion euros...

  • FRANKFURT, May 21- Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter. Finland's Nokia started a strategic review of its maps business last month, setting in motion an auction process that...

  • BEIJING, May 19- Hewlett-Packard Co has agreed to sell a controlling 51 percent stake in its China-based data-networking business, estimated to be worth more than $2 billion, to Tsinghua Unigroup, a spokesperson for the Chinese private equity fund's parent company said on Tuesday. Li Zhongxiang, a spokesman for state-backed Tsinghua Holdings, which controls...

  • FRANKFURT, May 8- German car companies may need help to compete with a wealthy field of bidders for Nokia's high-tech mapping unit HERE, as the entry of technology company Uber into the fray signals interest from deep-pocketed Silicon Valley players, bankers and executives close to the deal said. German auto makers Daimler, owner of Mercedes-Benz, BMW and...

  • May 8- Taxi service Uber has submitted a $3 billion bid for Nokia Oyj's map business HERE, the New York Times reported citing people with knowledge of the offer. Uber is competing against a consortium of automakers, including BMW, Audi and Mercedes-Benz, the newspaper said, citing people with knowledge of the offer. The book value of the unit is about 2 billion euros,...

  • Uber bids for Nokia's mapping service - NYT Thursday, 7 May 2015 | 6:19 PM ET

    May 7- Ride-hailing service Uber has submitted a bid for Nokia Oyj's map business, HERE, for as much as $3 billion, the New York Times reported, citing people with knowledge of the offer. Finland's Nokia said last month it had started a strategic review for HERE, a competitor to Google Maps, after announcing a takeover of network equipment rival Alcatel-Lucent.

  • BRUSSELS, May 7- China's Huawei Technologies is undeterred by the merger of telecoms equipment rivals Nokia and Alcatel-Lucent and will keep growing in Europe, its rotating Chief Executive Guo Ping told Reuters on Thursday. The merged European entity will become the global No.2 in wireless behind Sweden's Ericsson. Finland's Nokia announced its...

  • *Alcatel holds up better than rivals despite U.S. slowdown. PARIS, May 7- Telecom equipment maker Alcatel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked sales slowdown in its biggest market, the United States. Alcatel-Lucent Chief Executive Michel Combes dismissed the idea on Thursday, saying...

  • Alcatel-Lucent resilient, defends Nokia deal Thursday, 7 May 2015 | 3:27 AM ET

    Higher software sales and strong demand for its Internet routing products helped Alcatel-Lucent post a better quarter than its soon-to-be buyer Nokia.

  • UPDATE 1-Alcatel-Lucent resilient, defends Nokia deal Thursday, 7 May 2015 | 2:30 AM ET

    *Alcatel holds up better than rivals despite U.S. slowdown. PARIS, May 7- Telecom equipment maker Alcatel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked slowdown in its biggest market, the United States. Higher software sales and strong demand for its Internet routing products, which help...

  • Rising rates could contain stocks Wednesday, 6 May 2015 | 7:27 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The rise in interest rates can affect stocks as traders wait for the job reports coming out on Friday.

  • Nokia could decide to keep navigation unit - chairman Tuesday, 5 May 2015 | 10:39 AM ET

    The Finnish company last month confirmed it was considering a possible divestment of the business after announcing an all-share take-over of network gear rival Alcatel-Lucent. "This is the right time for the review, not only because of the Alcatel-Lucent deal but also because navigation markets have changed in the last years," he said in a speech at the...

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • *France wants Renault to stay in control of alliance. PARIS, April 30- The French government's move to tighten its hold on Renault, crowned by a rare public defeat for CEO Carlos Ghosn on Thursday, has exposed competing visions for the carmaker and its alliance with Nissan. Ghosn must now decide whether to fight or negotiate for closer Renault-Nissan integration,...

  • *France wants Renault to stay in control of alliance. PARIS, April 30- The French government's move to tighten its hold on Renault, crowned by a rare public defeat for CEO Carlos Ghosn on Thursday, has exposed competing visions for the carmaker and its alliance with Nissan. Ghosn must now decide whether to fight or negotiate for closer Renault-Nissan integration,...

  • Early movers: VIA, CI, TWC, AAPL, GNRC & more Thursday, 30 Apr 2015 | 7:57 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.