InfoAnda - Alcatel-Lucent out, Gemalto in French blue-chip index |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

NATO soldier killed in Afghan insurgent attack | 17 May 2010
New Samsung remote control features TV screen | 9 January 2010
Former Beatles Legend Calls For No Meat Day, Opinions Differ | 4 December 2009

House husbands go for TV glory in new U.S. show | 29 July 2009

Forum Views () Forum Replies ()

Read more with google mobile : Alcatel-Lucent out, Gemalto in French blue-chip index |

Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Zachary Karabell Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Reihan Salam Frederick Kempe Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read IRS finalizes new tax for medical devices in healthcare law 05 Dec 2012 Apple's shares swallow biggest loss in four years 05 Dec 2012 Military halts clashes as political crisis grips Egypt | 3:45pm EST Therapist declined temporary confinement for accused Colorado gunman: report 12:45am EST Guatemala detains McAfee, to expel him to Belize | 2:50am EST Discussed 161 Egyptian protesters breach presidential palace cordon 139 IRS aims to clarify investment income tax under healthcare law 104 Obama’s opening ”fiscal cliff” bid seeks debt limit hike, stimulus Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Fishing for shark fin The Ocean Sunset hunts sharks as well as other fish for their meat and fins off the cost of Canada. Slideshow Pregnant princess Princess Kate, Duchess of Cambridge, leaves the hospital. Slideshow Sponsored Links Alcatel-Lucent out, Gemalto in French blue-chip index Tweet Share this Email Print Related News France to answer ratings downgrade with reforms Tue, Nov 20 2012 AT&T to boost annual spending 16 percent to $22 billion Wed, Nov 7 2012 Analysis & Opinion Europe’s naked short selling ban leaves investors with skin in the game Low valuations donâ€™t make China stocks a bargain Related Topics Tech » By Blaise Robinson and Alexandre Boksenbaum-Granier PARIS | Thu Dec 6, 2012 3:15pm EST PARIS (Reuters) - Telecommunications equipment maker Alcatel-Lucent will be dropped from France's blue chip CAC 40 index, in a setback for a once high-profile French technology group. Alcatel-Lucent, stuck in a downsizing spiral as it struggles with stiff competition from low-cost Chinese rivals and weak demand from customers, will be replaced in the index by smart card maker Gemalto, market operator NYSE Euronext said on Thursday. The changes will take effect on December 24. Alcatel was a founding member of the CAC 40 when the benchmark was created a quarter century ago. The demotion from the index means the company will be dropped from the radar screens of exchange-traded funds (ETFs) and index trackers, translating into a fall in liquidity of the stock. Shares of Alcatel have plummeted more than 80 percent since May 2010, with the company's market capitalization shrinking to 2 billion euros ($2.6 billion) - 83rd among France's biggest listed companies. The stock, worth as much as 97 euros during the tech bubble in 2000, sank to a record low of 71 euro cents in October. It closed at 88 euro cents on Thursday. "At the time of the merger between Alcatel and Lucent, the group was worth 26 billion euros," said Max Kamir, a trader at Louis Capital Markets. "I'm very negative on the stock. The company burns a lot of cash. They can have all the restructuring programs they want; without a rise in revenue, the company can't get out of trouble, even with loans and guaranties from the government." According to index analysts, the estimated selling pressure on Alcatel's stock resulting from the exit from the index would be around 61 million euros, or 69 million shares. The two official criteria for index inclusion are free-float adjusted market capitalization and a stock's trading volume. But unlike for Germany's DAX, the UK's FTSE 100 and Europe's STOXX 600, there are no specified thresholds for the two criteria, giving leeway to the committee. Despite trimming its product portfolio and cutting costs, Alcatel-Lucent continues to post quarterly losses and has struggled to build up operating margins amid a brutal competitive landscape. The group burned through 1 billion euros in the first nine months of the year, prompting management to say it was working on ways to strengthen its balance sheet, including asset sales. Over the past few months, Alcatel has been one of the favorite European targets for short sellers, who profit from falling stock prices by borrowing shares from long-term institutional investors, selling them on the market, and then buying them back at a lower price. Alcatel has 12 percent of its shares out on loan, according to Markit data, making it the most shorted stock in the CAC 40 by far, and one of the most shorted stocks across Europe. A spokeswoman for Alcatel-Lucent said in a statement that the development did not affect the group's listing on the Paris and New York stock exchanges, adding that efforts to cut costs and "install sustainable profitability" would continue. Meanwhile, the entry of Gemalto to the CAC 40 is likely to raise the profile of the tech group, which posted 2 billion euros in revenue last year from sales of secure chips and software for biometric passports, mobile phones and credit cards. Gemalto has diversified into the security business in recent years, with a focus on payment technologies and identity management, away from its once core activity of making SIM cards for mobiles, seen under threat from Chinese chipmakers. With more than 10,000 staff, Gemalto competes against Germany's Giesecke & Devrient in its secure travel documents and mobile payment business as well as companies such as Oberthur Technologies, WatchData and the Morpho unit of Safran <SAF.PA. Its shares are up 92 percent this year and closed at 74 euros on Thursday. Kamir said the replacement of Alcatel with Gemalto made sense given that they were both technology stocks. "Gemalto is present in a promising sector and has a leadership position in several areas, unlike Alcatel," said the trader. (Reporting by Blaise Robinson and Alexandre Boksenbaum-Granier; Editing by Leila Abboud and Steve Orlofsky) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 7 December 2012
Fatal North Sea collision said to be human error |
Guatemala rejects request for asylum by McAfee |
Greek police clash with youths over 2008 shooting |
Apparel factory fire reveals big brands' shadowy supply chains |
Facebook in talks to buy Microsoft ad technology: reports |
Intel CEO Otellini expects insider to replace him |
Detained software guru McAfee hospitalized in Guatemala |
Alcatel-Lucent out, Gemalto in French blue-chip index |
Broadcom eyes entry into LTE chip market in 2013 |
A123 auction to kick off with at least four bids |
Former Microsoft, Sprint executives launch mobile and cloud fund |
Once-popular Arkansas Passion Play of Jesus' life closes |
Philippines buries dead, typhoon toll hits 418 |
Egypt demonstrators reject Mursi call for dialogue |
Russia, U.S. talk as Syria events accelerate on the ground |
Exclusive: U.S. likely to extend Iran sanction waivers-sources |
U.S. warships moving to monitor North Korea's planned rocket launch |
Chinese Nobel winner dodges call for laureate's freedom |
Canada says reviewing F-35 report, denies plan to cancel |
Emboldened Hamas leader to visit Gaza for first time in 45 years |
Deportation looms for tech guru McAfee after heart drama |
Apple, Samsung spar in court, ruling to come |
Apple to return some Mac production to U.S. in 2013 |
T-Mobile USA plans to ditch phone subsidies, sell iPhone in 2013 |
Top U.S. carriers to set up 911 texting services |
Taiwan contract laptop maker Compal says Nov sales up 6 percent |
Google to charge small businesses for Web-based Apps software |
NTT Docomo loses record 40,800 subscribers in Nov, as iPhone gains |
Netflix says CEO's Facebook post triggered SEC notice |
Google critic disappointed with FTC, meet with Justice |
Jackson's Hobbit: the journey begins |
No Grammy love for Justin Bieber, One Direction |
Dancing with the Stars Burke says voice fine after thyroid surgery |
Breaking Bad, dominates Writers Guild TV nominations |
Spotify gains more listeners and Metallica |
New Whitney Houston book recalls singer's musical magic |
Actor Stephen Baldwin charged with failure to file taxes |
Hamas leader ends long exile, visits Gaza Strip |
Strong quake hits off Japan near Fukushima |
HRW demands Israel justify Gaza strike that killed 12 civilians |
Russian PM defends tough laws, stands behind Putin |
Berlusconi party says will not push Italy into chaos |
Flag riots mar Hillary Clinton's visit to Belfast |
Venezuela's Chavez returns from Cuba after treatment |
Illness leads Serb ambassador to NATO to suicide |
Italian tax police visit Facebook's Milan offices |
China's mini Apple takes slice of smartphone pie |
D. Telekom hopes investments will soften dividend blow |
TPSA sees Polish telco market tumbling further in 2013 |
Russia's Deputy PM to meet Rostelecom board next week |
China labor arbitrators rule against injured Foxconn worker |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01