Friday's Top Upgrades (and Downgrades)
Analysts shift stance on Renren, Ericsson, and Telecom Italia.
Why Nokia Backed Off From the Alcatel-Lucent Deal
Fierce competition in the telecom sector, and the fact that slower economies in Europe reduce the demand for telecom equipment, practically force Alcatel to employ a restructuring plan. And of course, restructuring comes with a cost.