Archive: 6/05/2011

Alcatel-Lucent loss narrows in 1st quarter

(AP) -- Alcatel-Lucent SA said Friday its net loss narrowed sharply in the first quarter compared with a year earlier, when a components shortage caused the telecommunications gear maker's losses to balloon.

dateMay 06, 2011 in Business
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Deutsche Telekom profit down 37 pct to $696 mln

(AP) -- German telecommunications company Deutsche Telekom AG saw net profits fall 37 percent in the first quarter as it lost mobile phone customers in the U.S. and its business suffered in crisis-stricken Greece.

dateMay 06, 2011 in Business
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Demand Media 1Q results ease worries about Google

(AP) -- Demand Media Inc. fared better than analysts anticipated in the first quarter, easing investor worries that Google Inc.'s recent changes to how it culls search results may have damaged the online content generator's ...

dateMay 06, 2011 in Business
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