Deals
Alcatel-Lucent Sales, Earnings Rise Amid Takeover by Nokia
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Alcatel-Lucent SA reported rising revenue and earnings amid higher software sales, three weeks after agreeing to be bought by rival Nokia Oyj in a $17.5 billion deal. Both stocks rose.
Adjusted operating profit more than doubled to 82 million euros ($93 million), Paris-based Alcatel-Lucent said Thursday. Sales rose 9 percent to 3.24 billion euros, topping the 3.01 billion-euro average of analysts’ estimate.