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Alcatel Edges Up Despite Warnings |
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6:45 AM EDT July 12 2006 |
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Alcatel, falling 5.9% on Tuesday after soon-to-be-acquired Lucent Technologies warned of a revenue shortfall, inched up 0.3%. U.K. oil company BP fell 0.2%, despite rises for most of the energy sector with oil trading above $74 a barrel, after it reportedly is planning to take a $1 billion stake in Russian oil company Rosneft. Switzerland’s Roche rose 1.1% after majority-owned Genentech reported an 80% profit rise and lifted its fiscal-year earnings guidance. |
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