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Tuesday, October 14, 2008
Alcatel-Lucent To Review Dassault's Interest In Thales Stake
Aude Lagorce
MarketWatch Pulse
LONDON -- Alcatel-Lucent on Tuesday noted the interest expressed by Dassault Aviation , the maker of the Falcon business jet, in its 20.8% stake in avionics expert Thales and said that while its partnership with the latter is important, it will review all strategic options in the best interests of its shareholders.
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Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.






