Orlando, FL -- (SBWIRE) -- 10/21/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Alcatel Lucent SA (ADR) (NYSE:ALU), Zynga Inc(NASDAQ:ZNGA).
Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell 2.67% and closed at $3.65. The company on Oct. 17 said it is close to winning a contract from a major domestic telecom operator, a source familiar with the matter said. The deal, involving "small cells" that improve mobile coverage, will likely be welcome news after the restructuring plans, which include 900 job cuts in France, were criticized by a government battling record levels of unemployment.
Additionally, the company on Oct. 7 will slash 15,000 jobs, people familiar with the matter said, the latest step in the telecommunications-equipment maker’s plan to reshape itself as a smaller company focused on a handful of core businesses. The money-losing company plans to announce Tuesday that it will cut the jobs, largely in older technologies such as second- and third-generation wireless equipment, the people said. The company also plans to add roughly 5,000 new jobs in growth areas, such as Internet-routing, one of the people added. The announcements will be part of a morning union meeting.
Are investors worried about the recent updates with ALU? Find out with a free trend analysis HERE
Zynga Inc(NASDAQ:ZNGA) shares climbed 2.51% to $3.67. The company will hold a conference call to discuss financial results for its third quarter on Thursday, October 24, 2013, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the release of its financial results after the close of market.
Additionally, the company on Sept. 30 settled a lawsuit against the maker of “Bang With Friends,” a casual sex Internet application, alleging infringement of Zynga’s trademark for its “with friends” family of games. Lawyers for the two companies asked a federal judge to dismiss the case in light of the settlement, according to a filing in federal court in San Francisco.
Is ZNGA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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