Alcatel shares dive after PM threatens to veto job cuts

0
Alcatel shares dive after PM threatens to veto job cuts
Alcatel shares dive after PM threatens to veto job cuts (via AFP)

Shares in telecom-equipment group Alctael-Lucent plunged by nearly 7 percent on Wednesday, as controversy built up over a restructuring plan to cut 10,000 jobs worldwide and 900 jobs in France. Prime Minister Jean-Marc Ayrault threatened to block the…

Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue MountainBlue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More


No posts to display