Alcatel-Lucent (ALU) Buys Itself Time But Trajectory Remains Unchanged
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Interest Will Lead to Better Terms for Alcatel (ALU) in Financing Arrangement
January 15, 2013 6:31 AM ESTAlcatel-Lucent (NYSE: ALU) is expected to get more favorable terms in its recent bid to secure financing.
Arrangers said that there was oversubscription to Alcatel's 1.62 billion loan in syndication. Due to the interest, size of the loan might be increased while pricing... More
Natixis Upgrades Alcatel-Lucent (ALU) to Buy
December 17, 2012 9:40 AM ESTNatixis upgraded Alcatel-Lucent (NYSE: ALU) from Neutral to Buy.
For an analyst ratings summary and ratings history on Alcatel-Lucent click here. For more ratings news on Alcatel-Lucent click here.
Shares of Alcatel-Lucent closed at $1.24 yesterday, with a 52 week range of $0.91-$2.66.... More
Evercore Partners Starts Alcatel-Lucent (ALU) at Overweight
December 17, 2012 7:41 AM ESTEvercore Partners initiates coverage on Alcatel-Lucent (NYSE: ALU) with a Overweight.
For an analyst ratings summary and ratings history on Alcatel-Lucent click here. For more ratings news on Alcatel-Lucent click here.
Shares of Alcatel-Lucent closed at $1.24 yesterday, with a 52 week range of $0.91-$2.66.... More
Alcatel-Lucent (ALU) Obtaines $1.65B Euro Financing Deal
December 14, 2012 7:30 AM ESTAlcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it entered into commitments with Credit Suisse AG and Goldman Sachs Bank USA for Euro 1.615 billion in senior secured credit facilities.
Commenting on the initiatives, Ben Verwaayen, CEO Alcatel-Lucent, said:
"Today's announcement of a multi-year financing commitment allows Alcatel-Lucent to operate and adapt our business in a manner which is appropriate in today's markets. The proceeds from... More
