| Alcatel-Lucent Expects Loss Alcatel-Lucent forecast sluggish revenue growth for 2008 and posted a huge net loss for 2007, as the telecom-equipment maker struggles to reorganize itself a year after it completed a trans-Atlantic merger. online.wsj.com |
London shares pare losses at close as U.S. turns higher HBOS shares fall in London trading, with poorly received results from the mortgage lender also knocking sentiment across the rest of the banking sector. feeds.marketwatch.com |
S California home prices drop at record rate Southern California home prices continued to fall at a record pace in February, with the median price for a home at 408,000 dollars, down 17.6 percent from a year ago, a real estate information service reported on Thursday. Area hom ... english.people.com.cn |
IBM pays huge price for probe IBM is under investigation by the US Environmental Protection Agency over an $80 million bid it made in 2006 to modernize EPA financial systems and has been suspended from seeking new contracts with all US agencies, the company said.In ... english.people.com.cn |
Survey: 30 percent believe economy will shrink WASHINGTON (AP) -- The odds the country will fall into its first recession since 2001 are rising sharply. Thirty percent of economists now believe the economy will shrink in the first half of this year, up from 10 percent who thought this in January, according to a survey being released Monday by the National Association for Business Economics, known by its acronym NABE.... hosted.ap.org |