Alcatel Lucent (ALU) Stock Jumping Today on Possible Asset Sale to Nokia

NEW YORK (TheStreet) -- Shares of Alcatel Lucent SA are higher by 7.92% to $4.36 on heavy volume in late afternoon trading on Monday, following a Bloomberg report suggesting the communications and networking company is in talks with Nokia regarding the sale of Alcatel's wireless assets. Finland-based Nokia is looking to boost it telecommunications-equipment business and an agreement to buy the ...

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