Siemens AG Chief Executive Officer Peter Loescher lent his face to a company advertising campaign last month that promoted a greater focus on renewable energy. Investors are still waiting for evidence the foray will pay off.
Nokia Oyj, the world’s biggest maker of mobile phones, may report its second-lowest profit in more than a decade for the first quarter as competitors reduce prices in both smartphones and standard handsets.
Alcatel-Lucent SA, France’s largest telecommunications equipment maker, fell the most in almost three years in Paris trading as second-quarter sales missed estimates and amid concerns that the U.S. market is slowing.
Nokia Oyj ’s second-quarter profit plunged on competition from Apple Inc.’s iPhone. Chief Executive Officer Olli-Pekka Kallasvuo said a new device from the world’s largest mobile-phone maker will “kick-start” its comeback.
Alcatel-Lucent SA beat analyst estimates for fourth-quarter profit, fueling the biggest jump in its shares in 18 months and restoring Chief Executive Officer Ben Verwaayen ’s credibility as a turnaround artist.