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LUCENT expects to raise $1 billion via a private offering of redeemable convertible preferred stock. Earlier on Tuesday, S&P again cut the ailing telecom gear maker's debt ratings.
RENAL CARE met second-quarter views of 37 cents a share, up 12%. The dialysis provider sees profit rising 15% for the rest of the year and the next two to four years.
MENTOR earned 42 cents a share in its first quarter, up 24% and 3 cents above views. The medical and dental supplier's sales climbed 20% to $81 million.
KLA-TENCOR'S fourth-quarter profit tumbled 38% to 29 cents. But that beat goals by 3 cents. The chip gear maker's sales slid 4%.
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