It is a common business scenario: A new CEO takes over a struggling company and vows to put it on more solid financial footing. He assures investors that he will cut only the fat from the ailing organization, leaving the muscle and bone the company will need to thrive intact. But when it comes time ...
Despite a corporate spending downturn that has led to revenue and market capitalization problems for once high-flying Lucent, analysts and company officials agree that the telecom giant can stay in the game and possibly thrive over the long term. But while analysts said the company must shift som...
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