Alcatel's $2B Lifeline From Goldman & Credit Suisse

Alcatel-Lucent SA reached a 1.6-billion euro ($2.1 billion) financing deal with Credit Suisse Group AG and Goldman Sachs Group Inc., gaining time to implement an overhaul that includes asset sales to stem losses at the French phone-equipment maker.
MGM China 1Q Sales Falls 33%
12:46 - First quarter sales at MGM China missed estimates, falling 33%. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)
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