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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| April 01, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TELECOM GEAR

Lucent, Solectron ink 2-part deal

The telecom gear firm chose Solectron to supply it with optical gear over three years. The pact should close in Lucent's Q3 and could be worth $2 bil. As part of the deal, Lucent sold its manufacturing ops in Mass. to Solectron for $125 mil. Solectron will sell the plant, where 2,800 Lucent staffers now work.

FOOD PRODUCTS

ConAgra Q3 profit swelled 41%

The maker of Bumble Bee tuna and Healthy Choice meals netted 31 cents a share, a cent over views. Sales fell 2% to $6.2 bil. ConAgra didn't comment on rumors that part or all of its fresh meat business is for sale. It expects to beat full-year ...

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