Sean Buckley
Samantha Bookman
Michael Kennedy
Anna-Maria Kovacs
A. Michael NollTag:
Michel Combes
Latest Headlines
Latest Headlines
Alcatel-Lucent warned to reverse losses to avoid debt-rating cut
Analysts have warned that Alcatel-Lucent must return to profitability soon to avoid a cut in its debt rating, after the equipment manufacturer revealed in its first-quarter results that it is still suffering from high cash burn.
Alcatel-Lucent's new CEO faces cash flow challenge
Restructuring costs and a wait for payments on commercial contracts slammed Alcatel-Lucent's cash flow figure, as the company burned through $694 million in cash during 2013's first quarter, worsening the year-earlier free cash flow loss of nearly $211 million.
Deutsche Bank impressed by Alcatel-Lucent's prospects
Our sister publication FierceWirelessEurope reports that Deutsche Bank thinks Alcatel-Lucent's prospects have improved, thanks, in part, to the appointment of new CEO Michel Combes, who is known for slashing costs.
Analyst: Alcatel-Lucent has 'key ingredients' for a turnaround
Analysts at Deutsche Bank is revising its view of Alcatel-Lucent, and think the vendor now has the "key ingredients" for a turnaround, helped by the appointment of a new CEO with a track record for reducing costs.
New Alca-Lu CEO to accelerate cuts and asset sales
Alcatel-Lucent's new CEO Michel Combes is expected to accelerate the company's €1.25 billion cost-cutting plan, which includes 5,500 job cuts, a labour union source told Reuters .
Alcatel-Lucent names former Vodafone Europe chief Michel Combes as CEO
Alcatel-Lucent named Michel Combes, a former CEO of Vodafone Europe, as its new CEO, charging him with returning the company to consistent profitability after the tumultuous tenure of Ben Verwaayen, who announced earlier this month he would step down.
Alcatel-Lucent names ex-Vodafone exec Michel Combes as new CEO
Alcatel-Lucent on Friday named Michel Combes as the company's new CEO, taking the reins from Ben Verwaayen, who announced earlier this month that he would step down amidst ongoing financial struggles. He will begin on April 1.
Alcatel-Lucent appoints new CEO, as French government reportedly eyes minority investment
Alcatel-Lucent named Michel Combes as its new CEO. The Frenchman, best known for navigating Vodafone's European operations through the financial crisis, will take over the CEO role starting April 1, and will replace Ben Verwaayen, who announced earlier this month he would step down.
Vivendi chief Lévy resigns, fueling speculation of a company breakup
Vivendi CEO Jean-Bernard Lévy unexpectedly resigned Thursady amid a disagreement with the board about the strategic direction of the company. The move, which could lead to Vivendi disposing of various assets, has forced the company to hurriedly promote Stéphane Roussel, currently the head of human resources at Vivendi, to become the CEO of operator SFR.
Report: Vodafone mulls European shakeup
The departure of Vodafone's European head, Michel Combes, could trigger a dramatic reshaping of the company's European operations, according to a Bloomberg report. The report, citing unnamed...
