
	Where results make sense

Topic: Lucent

Related Topics

Lists of companies

Martin Marietta Materials

List of United States companies

Modification of Final Judgment

Regional Bell operating company

Qualcomm

Alcoa

List of American companies

SBC Communications

Qwest

Quantrix

Penn Herb Company

Bell

Procter and Gamble

Kmart Corporation

In the News (Mon 6 Jul 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	Lucent Settles SEC Enforcement Action Charging the Company with $1.1 Billion Accounting Fraud
		Lucent and three of the former Lucent employees agreed to settle the case without admitting or denying the allegations.
		Lucent's statements were made after Lucent had agreed in principle to settle this case without admitting or denying the allegations concerning, among other things, the Winstar transaction.
		Lucent's public statements undermined both the spirit and letter of its agreement in principle with the staff.
	www.sec.gov /news/press/2004-67.htm (762 words)

	Fool.com: Lessons From Lucent (Special Report) January 13, 2000
		Lucent is the former Bell Laboratories, the research and development arm of AT&T that has spawned such telecommunications technologies as the T-1 circuit, digital signaling, and the Private Branch Exchange (PBX), upon which the majority of office telecommunications environments are currently run.
		Lucent is seeing this convergence of voice, data, and Internet eat into its incumbent market as voice is only one component part of the new generation of networks.
		All in all, not only did Lucent fail to manage its cash position to the detriment of its current shareholders, but also the analysts, whose job it is to serve as watchdogs for just these types of financial deterioration, did not notice or chose to ignore this problem.
	www.fool.com /specials/2000/sp000113lucent.htm (2224 words)

	Lucent warns on fourth quarter, cites lower sales. - Sep. 13, 2002
		Lucent said it expects revenue in the fourth quarter to decline between 20 and 25 percent from the $2.95 billion it recorded in the third quarter.
		Lucent said it is taking steps to ensure it remains on track to restore profitability by the end of fiscal 2003.
		Lucent executives are expected to provide more details during the company's fiscal fourth-quarter earnings conference call on Oct. 23.
	money.cnn.com /2002/09/13/news/ceos/lucent (502 words)

	CNN.com - Lucent's must sell fiber optic unit for at least $3B - Jun. 27, 2001
		Lucent's top priority now is to sell its Atlanta-based Optical Fiber unit, which makes and designs optical fiber, fiber cable and specialty fiber components for the telecommunications industry, for a minimum of $3 billion, analysts said.
		Lucent is also looking to sell two manufacturing plants, located in Oklahoma City and in Columbus, Ohio, which are expected to raise $600 million to $900 million.
		Lucent is also seen reporting a loss of $800 million from operations for the June quarter, an analyst said.
	edition.cnn.com /2001/BUSINESS/06/27/lucent (1300 words)

	Boston.com / Business / Technology / Facing a fund gap
		Lucent Technologies' population of retired workers has grown so large over the years, there are four retirees for every active employee on its payroll.
		Lucent said healthcare expenses for all retirees this year will be $800 million, up from $539 million five years ago, and it already has raised premiums for retired managers to rein in those costs.
		Lucent may be a telecommunications company, but it has much in common with mature industrial companies that have slashed their employee base, which must support large numbers of retirees.
	www.boston.com /business/technology/articles/2004/10/20/facing_a_fund_gap (556 words)

	USATODAY.com - Lucent to seek a reverse stock split (Site not responding. Last check: 2007-11-05)
		Lucent rival Nortel Networks in September announced plans for a reverse stock split in early 2003 that would lift its share price to between $10 and $20.
		Lucent has been slammed over the past two years by deep cuts in equipment spending by customers, forcing it to slash jobs, sell units and post losses.
		Lucent burned through $1 billion in cash in its latest quarter and said by next September it will have more than $2 billion in cash on hand, compared with $4.4 billion at the end of last month.
	www.usatoday.com /money/industries/telecom/2002-10-18-lucent-reverse_x.htm (782 words)

	Lucent Technologies (Site not responding. Last check: 2007-11-05)
		Lucent Technologies is planning to close two offices in Malmesbury and Chippenham, although some of the administration and research staff may be relocated to other sites in Swindon.
		Lucent Technologies is planning to shed at least 15,000 jobs in its global telecoms equipment business, which will include cuts in its 3,000-strong UK workforce.
		Lucent Technologies, the telecoms equipment supplier, is considering plans to set up a new administration and research centre on a 30 acre site at South Marston near Swindon, with the creation of hundreds of new jobs.
	www.ukbusinesspark.co.uk /lus99396.htm (180 words)

	Boston.com / Business / SEC fines Lucent Technologies $25 million (Site not responding. Last check: 2007-11-05)
		Lucent Technologies Inc. and nine former and current executives have been charged by federal regulators with conducting a $1.1 billion accounting fraud replete with hidden deals with customers and postdated documents.
		Lucent's alleged accounting violations came during the start of the telecom industry slump, when pressure on sales executives intensified.
		In the case of Lucent customer Winstar, the SEC alleged that former Lucent sales executive William Plunkett and David Ackerman, a former Winstar executive vice president, engaged in a scheme that led to Lucent prematurely booking $125 million in revenue from a software licensing deal with Winstar.
	www.boston.com /business/articles/2004/05/18/sec_fines_lucent_technologies_25_million (696 words)

	Lucent, Verizon strike deal (Site not responding. Last check: 2007-11-05)
		Shares of Lucent stock, which have struggled lately, bounced back nearly 20 percent yesterday, up $1.95 per share to $11.94, after the deal was announced.
		The deal is bound to mean more revenue for Lucent, which has struggled to keep pace with rival equipment makers since it was spun off from AT&T in 1996.
		Lucent's manufacturing facilities most likely to be kept busy with the contract are a partner facility it works with in Columbus, Ohio, and a smaller plant in Mount Olive, N.J. Next Story: Expert: Potential is great for flooding
	www.eagletribune.com /news/stories/20010320/FP_003.htm (368 words)

	Lucent to open new office in Seacoast
		Lucent hopes to open the office with a dozen employees and expand to three times that number within six months, Ricciardone said.
		Lucent initially had its eyes on a location on International Drive at Pease International Tradeport, but is no longer interested in that site, Lucent officials said.
		Lucent officials would not comment on rumors that Lucent might buy Cabletron or new speculation that because Lucent has made other purchases, they are now trying to muscle Cabletron out of their market niche.
	www.seacoastonline.com /1999news/1_22d.htm (376 words)

	Lucent Ready to Snag Verizon Deal
		At the moment Lucent is in the final months of a three-year, $5 billion contract to supply the nation's biggest telco with wireless gear.
		Some Lucent bulls like Lehman Brothers analyst Steve Levy were quick to point out that the Nortel pact simply maintained the status quo.
		Analysts and industry observers estimate that because Lucent's gear makes up nearly all of the remaining network, its contract should be two or three times the size of Nortel's.
	www.thestreet.com /pf/tech/scottmoritz/10113007.html (474 words)

	Telecom's CDMA network management goes to Lucent Technologies in US $100 million deal (Site not responding. Last check: 2007-11-05)
		The agreement with Lucent is for five years and is one of the most extensive management service agreements in the world among mobile network operators.
		Lucent Technologies, headquartered in Murray Hill, N.J., America, through its Lucent Worldwide Services division (LWS), is responsible for the network planning, design, deployment, support, and overall management of Telecom's 027 CDMA network.
		Lucent was responsible for building and deploying the CDMA network for Telecom 18 months ago.
	www.lucent.com.au /press/0603/030618.nsa.html (461 words)

	Lucent hardball
		Lucent alleged that the Newbridge multiplexers included: two 1988 Lucent inventions specifying congestion control in packet networks; a 1990 Lucent patent specifying error-correction methods; and a 1984 patent describing Adaptive Differential Pulse Code Modulation (ADPCM), a common method of encoding voice into 32K bit/sec digital streams.
		Lucent's claim of ownership for ADPCM is actually incorporated in the International Telecommunication Union's (ITU) G.726 voice-compression and encoding standard, says Brough Turner, senior vice president for technology at Natural Microsystems, a Framingham, Mass., maker of Digital Signal Processor chipsets and computer-telephony software.
		Lucent's Greene says that long before September 1996, the company told the ATM Forum and other groups that as a general practice Lucent would be happy to license any of its patents, even if the company did not specify which ones could affect which standards.
	www.networkworld.com /news/1999/0322lucent.html (3012 words)

	USATODAY.com - Lucent expects revenue drop in third quarter (Site not responding. Last check: 2007-11-05)
		MURRAY HILL, N.J. (AP) — Lucent Technologies (LU) said Thursday it expects its third-quarter revenues to decline by 10% to 15% from the previous quarter, falling short of Wall Street expectations that revenue would match those of the previous three-month period.
		Lucent's guidance indicated its revenue would be between $2.99 billion and $3.17 billion for the April-June period, down from $3.52 billion in revenue recorded in the second quarter.
		Even with the drop in revenues, Lucent said it expects its bottom line to improve from a second-quarter pro forma loss of 20 cents per share.
	www.usatoday.com /tech/techinvestor/2002/06/13/lucent.htm (304 words)

	Lucent warns of 1Q earnings dip - Jan. 6, 2000
		Lucent, the nation’s largest maker of telecommunications equipment, projected its earnings during the quarter will come in between 36 cents and 39 cents per share, down from 48 cents a share a year ago in the quarter.
		Lucent’s major competitors have newer and faster equipment already on the market, they said.
		Lucent, while the industry leader, is not alone, with competitors such as Cisco Systems (CSCO), Nortel Networks (NT), and Ciena (CIEN) vying to provide telecom infrastructure.
	money.cnn.com /2000/01/06/technology/lucent (905 words)

	Lucent faces uncertain future alone (Site not responding. Last check: 2007-11-05)
		People familiar with Lucent's plans say it will move ahead with a restructuring that deems this year a transition year with steady revenue growth and late next year as the target for industry growth rates.
		Lucent's revenue of $5.9 billion was up 36% over the first quarter but down 17% from the same period a year earlier.
		Lucent has fallen behind rivals Nortel Networks and Cisco Systems, which are also feeling the pinch as customers tighten their belts.
	www.usatoday.com /tech/techinvestor/2001-05-29-lucent-future.htm (504 words)

	Lucent Upped at Schwab (Site not responding. Last check: 2007-11-05)
		Lucent (LU:NYSE - news - research) traded higher in the Friday premarket after Schwab Soundview told clients to overweight the stock because of improving fundamentals in its optical and wireless businesses.
		Recently, Lucent was up 13 cents, or 3.2%, to $4.18 on the Instinet early session.
		In a research note, Schwab said a recent appointment in Lucent's mobile unit, where longtime head Jim Brewington was replaced by Cindy Christy, improves sales prospects for the company's next-generation wireless equipment.
	www.thestreet.com /markets/marketfeatures/10149715.html (214 words)

	NBQ 3Q999 INITIAL RESPONSE: Lucent Technologies, Inc. (Site not responding. Last check: 2007-11-05)
		Lucent reports $11 billion in contracts were announced in the past fiscal year, including $2 billion in September.
		Lucent's international growth increased 38% quarter-to-quarter and 47% year-to-year to $3.38 billion, representing 32% of revenue and indicating a gain of share outside of the U.S. Lucent announced more than 60 contracts outside the U.S. in fiscal 1999.
		Lucent is well positioned to meet its goals of 17% to 20% growth in fiscal 2000, but will need to focus on several key market development initiatives, as well as business model fundamentals.
	www.tbri.com /Clients/3q99/n_ir/lucent/lct399ir.htm (1565 words)

	CNN.com - $23.5B Alcatel-Lucent merger breaks down - May 29, 2001
		"Lucent was negotiating a merger, not an acquisition," the source said.
		Though the acquisition would have represented one of the largest ever in the technology sector, analysts questioned Alcatel's wisdom in picking up troubled Lucent, which is in the midst of a massive restructuring, particularly during an industry slump.
		Lucent has fallen on hard times lately, with its market value plunging to about $32 billion, including its Agere stake, from its peak of $285 billion in December 1999.
	edition.cnn.com /2001/BUSINESS/05/29/lucent (705 words)

	TheStreet.com: Lucent: Diamond in the Rough or Lump of Coal?
		If you analyze Lucent as a value stock, you're focusing on the ability of the current management to carry out the draconian cost-cutting measures it has outlined and to find $2 billion in cash by September.
		If Lucent can show convincing evidence of the potential for 10% or 15% growth, then yes, it could be a $30 stock in a year.
		Lucent is losing sales to rivals, and that is especially damaging at a time when growth in the entire telecommunications equipment market has slowed.
	www.thestreet.com /funds/jubak/1457438.html (1706 words)

	Lucent to cut 10,000 jobs \| CNET News.com
		Lucent Technologies is laying off another 10,000 workers and will report a wider-than-expected loss in the fourth quarter, the company said Friday.
		Lucent attributed the dip to new restructuring moves designed to help the company reach a break-even revenue level of $2.5 billion per quarter.
		Lucent said it was canceling a $1.5 billion credit facility, which was scheduled to expire in February 2003.
	news.com.com /2100-1033-961730.html (726 words)

	11/23/98 LUCENT: CALLING ALL MAVERICKS
		Lucent Technologies Inc. (LU) has two women in the highest reaches of its management team and has installed dozens more just below them.
		In truth, Lucent does promote the same sort of mentoring relationships that other big companies do to foster women's advancement, and it sustains some 30 women's employee networks.
		Lucent ''was a part of the [AT&T] organization where people who were mavericks gravitated,'' bringing diversity with them, says David A. Nadler, chairman of Delta Consulting Group.
	www.businessweek.com /1998/47/b3605123.htm (454 words)

	Lucent's Ascent
		Since Lucent (LU) went public, its shares soared from 13 1/2 to a high of 120 on Jan. 8.
		Until lately, that is. On Jan. 21, Lucent Chairman and CEO Richard A. McGinn reported that revenues for the first fiscal quarter had fallen well short of what Wall Street had forecast--even though profits were better than expected.
		Lucent's stock took a drubbing that day, down 7%, to 106.94, although it came back to close at 110 on Jan. 26.
	www.businessweek.com /1999/99_06/b3615110.htm (2586 words)

	Lucent - Country Center - Ireland (Site not responding. Last check: 2007-11-05)
		Seeded in part by the Industrial Development Agency in Ireland, the new research centre is expected to bring significant benefits to both Lucent and Ireland.
		For Lucent, it will help deliver even quicker time-to-market cycles for new technologies and streamline our platforms, ensuring our products are the most cost-efficient to manufacture and support and for our customers to deploy and maintain.
		The Bell Labs Centre is located in the Lucent Technologies facility in the Blanchardstown Industrial estate.
	www.lucent.ie /Apps/Emea/country/countrycenterir.nsf/webdocuments/AF91B240DE914A28C1256F330042A5A1?OpenDocument (165 words)

	PUERTO RICO HERALD: Verizon Wireless Puerto Rico & Lucent Launch 3g Mobile Network (Site not responding. Last check: 2007-11-05)
		Lucent also provided its NavisRadius 4.2 AAA (authentication, authorization and accounting) server software to manage secure network access and usage.
		Lucent's Mobility Solutions Group is a global provider of mobile networking technologies, having deployed more than 70,000 spread-spectrum base stations for mobile operators worldwide.
		Lucent Technologies can be found on the World Wide Web at http://www.lucent.com/.
	www.puertorico-herald.org /issues/2003/vol7n12/VerizonWireless-en.shtml (458 words)

	Light Reading - Networking the Telecom Industry
		Lucent Technologies Inc. (NYSE: LU - message board) has secured a monster deal worth “at least $5 billion” with Verizon Wireless for the future upgrade of the carrier’s national voice and data network (see Lucent Wins Verizon Contract).
		Lucent is also prepared to deploy EV-DV (Evolution, Data and Voice) technology at a future date, should Verizon choose to rollout a network.
		Lucent shares have risen on the back of today’s deal, up 9 cents to $3.47 per share at press time.
	www.lightreading.com /document.asp?doc_id=56060&print=true (412 words)

	Lucent info
		Lucent reported a fourfold year-on-year increase in net income for the second quarter of its 2005 fiscal year, on revenue up 6%, and announced a reorganization of its network equipment business units.
		Lucent is testing a hosted storage service with an unnamed client in the U.S., and will be ready to make an announcement about the service, which it intends to offer to others, in about two months, a senior company executive said Wednesday.
		Lucent reported a small year-on-year increase in revenue for the first quarter of its fiscal year 2005, but net income was halved compared to a year earlier.
	www.networkworld.com /news/financial/lucent.html (1436 words)

	Programme Mondial de Bourses en Sciences de Lucent -- Canada (Site not responding. Last check: 2007-11-05)
		The Lucent Foundation is proud of all that has been accomplished through this program over the years.
		The Lucent Technologies Foundation upholds Lucent's strong commitment to social responsibility and supports the company's commitment to serving and enhancing the communities in which we work and live.
		You may send your questions on the Lucent Global Science Scholars Program by E-mail to CBIE at info@cbie.ca or telephone 613-237-4820, ext.
	www.cbie.ca /canada/INDEX.HTM (740 words)

Try your search on: Qwika (all wikis)