Stocks open higher on optimism about growth
October 31, 2007
NEW YORK (Reuters) - Stocks opened higher on Wednesday as a report pointing to strength in the economy boosted investor optimism ahead of the Federal Reserve’s decision on interest rates.
PARIS (Reuters) - Alcatel-Lucent said it would cut another 4,000 jobs by 2009 and trimmed full-year revenue growth expectations yet again after seeing fresh signs of a slowdown particularly in North America.
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