The telecommunications industry closed the day up 1.4%. Acme Packet Inc ( APKT), Calix Inc ( CALX), Powerwave Technologies Inc ( PWAV), and SureWest Communications ( SURW) were all decliners today within the telecommunications industry with Alcatel-Lucent ( ALU) being today's featured telecommunications loser. Alcatel-Lucent fell 3 cents (-1.1%) to $2.66 on light volume. Throughout the day, 18.4 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 30.2 million shares. Alcatel-Lucent provides products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide. Alcatel-Lucent has a market cap of $6 billion and is part of the technology sector. Shares are down 9.1% year to date as of the close of trading on Thursday. TheStreet Ratings rates Alcatel-Lucent as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and weak operating cash flow.
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