Alcatel-Lucent Q2 Loss Narrows, Sees Turnaround By Year-end; Stock Up

Shares of Alcatel-Lucent SA were gaining around 6 percent in the morning trading in Paris after the French telecom equipment maker reported Thursday a narrower loss in its second quarter benefited by increased revenues and operating margin. The company also said it is now well on track to complete its turnaround by the end of the year.