Alcatel-Lucent boss leaving as losses mount
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Telecom
Feb 7, 2013
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(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...
Business
Apr 25, 2012
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Apple certainly has lots of buzz and corporate cache behind its products, but there's a hidden - almost mundane - reason its newest iPad is likely to dominate the competition: the advantageous deals the company cuts with ...
Consumer & Gadgets
Mar 8, 2012
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Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.
Business
Feb 6, 2012
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(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.
Business
May 6, 2011
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German professional software maker SAP posted on Wednesday a sharp drop in fourth quarter earnings owing to a defeat in a court case involving US rival Oracle.
Business
Jan 26, 2011
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(AP) -- Yahoo Inc. is reducing its work force 4 percent as it hands out 600 layoff notices for the holidays.
Business
Dec 14, 2010
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(AP) -- Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.
Business
Nov 10, 2009
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Shares in German airline giant Lufthansa plunged more than 12 percent on Monday after the group posted a profit warning.
Business
Jun 17, 2019
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Lufthansa, Europe's largest airline group, said Thursday that capacity bumping up against limits at overcrowded airports would hem in growth this year as it reported that its bottom line fell in 2018.
Other
Mar 14, 2019
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