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Stock Market & Financial Investment News

News For ERIC From The Last 14 Days
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April 27, 2015
16:50 EDTERICEricsson downgraded to Neutral from Buy at Goldman
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April 24, 2015
08:13 EDTERICEricsson disappointing revenues due to North American weakness, says Cowen
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07:52 EDTERICEricsson shares should be bought on weakness, says Bernstein
Bernstein says that Ericsson's results were disappointing. The firm says the company's gross margin miss was driven by its ongoing litigation with Apple (AAPL) and a decline in U.S. software revenues and higher sales in China. The firm says the negative reaction in the stock was overdone and it keeps an Outperform rating on the shares.
April 23, 2015
05:29 EDTERICEricsson expects pace of 4G deployments in China to continue
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05:29 EDTERICEricsson reports Q1 net income SK1.5B vs. SK1.7B last year
Reports Q1 sales SK53.5B vs. SK47.5B. Reports Q1 operating margin 4% vs. 5.5% last year. Significant currency movements impacted sales positively. Gross margin decreased YoY to 35.4% (36.5%), due to lower capacity business in North America and continued fast pace of 4G coverage deployments in Mainland China, increased restructuring charges and a higher share of Global Services sales.
April 20, 2015
05:26 EDTERICEricsson announces collaboration with Intel security
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April 15, 2015
07:46 EDTERICEricsson, Juniper in focus for deals after Nokia-Alcatel tie-up, Bloomberg says
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April 14, 2015
11:55 EDTERICCommunication equipment stocks active after potential Nokia-Alcatel deal
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10:16 EDTERICHigh option volume stocks
High option volume stocks: NSAM ALU CJES BIG CMRX ERIC NTAP TMO KN CIG
05:51 EDTERICNokia confirms 'advanced discussions' to buy Alcatel-Lucent
Nokia (NOK) said in a statement, "In relation to recent media speculation Nokia and Alcatel-Lucent (ALU) confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent." Nokia cautioned that there "can be no certainty at this stage that these discussions will result in any agreement or transaction." The statement comes after Bloomberg reported yesterday afternoon that Nokia was in advanced talks to buy Alcatel-Lucent's wireless assets to better compete with Ericsson (ERIC) in telecommunications equipment. Shares of Nokia are down 65c to $7.65 in pre-market trading while Alcatel-Lucent is up 22c to $4.57.

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