International Business News - ALU http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Oil's retreat not enough to sustain stock rally NEW YORK (AP)--Wall Street succumbed to its ongoing angst Tuesday, giving up a sharp advance and turning moderately lower after falling oil prices failed to calm the market's nervousness about the economy and the financial sector. http://www.ibtimes.com/articles/20080902/business-highlights.htm Tue, 02 Sep 2008 18:36:43 EDT A look at the two business leaders that Alcatel-Lucent said Tuesday will take over the helm at the ailing telecommunications equipment manufacturer. Chaiman Philippe Camus: A senior managing director at the New York-based investment advisory firm Evercore Partners and co-managing partner of French media firm Lagardere SCA. Co-CEO at EADS, the parent company of plane maker Airbus, from 2000 to 2005, Camus spent 18 years in top management at Lagardere and 10 years before that at Caisse des Depots--a French state-controlled financial institution. He is French and is 60 years old. http://www.ibtimes.com/articles/20080902/a-look-at-new-alcatel-lucent-bosses.htm Tue, 02 Sep 2008 09:07:57 EDT At Britain's BT Group, Ben Verwaayen was lauded for transforming the money-losing phone company into a profitable and aggressive leader in broadband Internet access. http://www.ibtimes.com/articles/20080902/alcatel-lucent-names-camus-chairman-verwaayen-ceo.htm Tue, 02 Sep 2008 13:14:42 EDT Alcatel-Lucent selected Frenchman Philippe Camus, a former aerospace executive, as the new chairman of the company, according to The Wall Street Journal, which cited people familiar with the matter. http://www.ibtimes.com/articles/20080901/report-alcatel-lucent-picks-ceo.htm Mon, 01 Sep 2008 17:56:00 EDT Alcatel-Lucent shares jumped in European trading to their highest level in two weeks Wednesday on a report that the company is close to naming a successor for outgoing Chief Executive Patricia Russo. http://www.ibtimes.com/articles/20080827/alcatel-lucent-stock-jumps-on-ceo-talk.htm Wed, 27 Aug 2008 12:45:38 EDT A unit of French telecommunications and computer networking equipment maker Alcatel-Lucent spent $621,313 in the second quarter to lobby the U.S. government on patent reform, trade measures, educational programs and more, according to a recent disclosure form. http://www.ibtimes.com/articles/20080813/alcatel-lucent-unit-spent-621k-lobbying-in-2q.htm Wed, 13 Aug 2008 15:34:35 EDT Paris-based telecommunications equipment maker Alcatel-Lucent said Wednesday it has extended a tender offer to buy Motive Inc. until midnight on Wednesday, Sept. 10. http://www.ibtimes.com/articles/20080813/alcatel-lucent-extends-motive-tender-offer.htm Wed, 13 Aug 2008 12:42:23 EDT The historic former Bell Labs site has been sold. Alcatel-Lucent, the communications technology company that owns the 473-acre site in Holmdel, N.J., said Tuesday it has reached a deal with Somerset Development. http://www.ibtimes.com/articles/20080805/alcatel-lucent-finds-buyer-for-old-bell-labs-site.htm Tue, 05 Aug 2008 08:03:56 EDT Standard & Poor's Ratings Services said Thursday it has revised its outlook on Paris-based telecommunications equipment maker Alcatel-Lucent to "negative" from "stable." http://www.ibtimes.com/articles/20080731/s-p-changes-alcatel-lucent-outlook-to-negative.htm Thu, 31 Jul 2008 18:44:54 EDT Americans look for ray of hope in economic gloom NEW YORK (AP)--A private research group says that Americans remain the most pessimistic about the economy since the tail end of the last prolonged recession 16 years ago. http://www.ibtimes.com/articles/20080729/business-highlights.htm Tue, 29 Jul 2008 19:13:50 EDT NAME: Patricia F. Russo. AGE: 56. Born in Trenton, N.J. http://www.ibtimes.com/articles/20080729/at-a-glance-alcatel-lucents-patricia-russo.htm Tue, 29 Jul 2008 15:50:25 EDT NAME: Serge Tchuruk. AGE: 70. Born in Marseille, France, to parents of Armenian descent, as Serge Tchurukdichian. http://www.ibtimes.com/articles/20080729/at-a-glance-alcatel-lucents-serge-tchuruk.htm Tue, 29 Jul 2008 15:49:17 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080729/merrill-lynch-amr-us-steel-are-big-movers.htm Tue, 29 Jul 2008 17:17:23 EDT Both the chairman and chief executive of French telecommunications giant Alcatel-Lucent will resign later this year, the company said Tuesday, as stagnant demand from operators and the weak dollar continued to undermine the promises of their two-year-old combination. http://www.ibtimes.com/data/articleimgs/99783-patricia-russo.jpg http://www.ibtimes.com/articles/20080729/alcatel-lucent-chairman-and-chief-executive-resign.htm http://www.ibtimes.com/articles/20080729/alcatel-lucent-chairman-and-chief-executive-resign.htm Tue, 29 Jul 2008 15:59:21 EDT Major business events and economic events scheduled for Tuesday: WASHINGTON--The Conference Board releases the Consumer Confidence Index for July, 10 a.m. http://www.ibtimes.com/articles/20080728/calendar-of-major-business-events-for-tuesday.htm Mon, 28 Jul 2008 15:43:35 EDT The Organization for International Investment, which represents U.S. subsidiaries of foreign companies, spent $320,000 in the first quarter lobbying the federal government, according to a recent disclosure report. http://www.ibtimes.com/articles/20080627/intl-business-group-spent-320k-lobbying-in-1q.htm Fri, 27 Jun 2008 16:12:49 EDT A federal judge ordered Microsoft Corp. to pay Alcatel-Lucent $511.6 million in damages and interest, letting stand a jury's decision that the software maker infringed on two patents. http://www.ibtimes.com/articles/20080620/microsoft-to-pay-alcatel-lucent-500m-for-patents.htm Fri, 20 Jun 2008 19:55:24 EDT Alcatel-Lucent said Tuesday it will buy broadband service management software provider Motive Inc. in a deal the French telecommunications company valued at $67.8 million. http://www.ibtimes.com/articles/20080617/alcatel-lucent-buys-software-co-motive-for-67-8m.htm Tue, 17 Jun 2008 08:55:10 EDT French telecommunications company Alcatel-Lucent said Monday it signed a $1 billion deal to provide mobile communication equipment and services to China Mobile. http://www.ibtimes.com/articles/20080617/alcatel-lucent-gets-1-billion-china-mobile-contract.htm Tue, 17 Jun 2008 07:24:13 EDT A unit of French telecommunications and computer networking equipment maker Alcatel-Lucent spent $632,781 in the first quarter to lobby the U.S. government on issues ranging from broadband access to the digital television transition. http://www.ibtimes.com/articles/20080606/alcatel-lucent-unit-spent-632-781-to-lobby-in-1q.htm Fri, 06 Jun 2008 14:07:22 EDT