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Stock Market & Financial Investment News

News Breaks
August 18, 2014
06:39 EDTERIC, DTEGYHrvatski Telekom selects Ericsson for 5-year managed services contract
Hrvatski Telekom, a member of the Deutsche Telekom (DTEGY) has selected Ericsson (ERIC) as its partner in the construction and maintenance of telecommunications infrastructure. The five-year contract for construction and maintenance of telecommunications infrastructure includes planning and construction of fixed and mobile networks, maintenance of telecommunications infrastructure, telecom network monitoring, as well as field maintenance of active access and passive networks.
News For ERIC;DTEGY From The Last 14 Days
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March 26, 2015
11:31 EDTERICNeuStar reaffirms outlook, announces buyback after FCC vote
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11:25 EDTERICNeuStar responds to FCC action regarding local number portability administrator
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11:06 EDTERICFCC votes unanimously to end portability contract with NeuStar
NeuStar (NSR) was expected to loss the Number Portability Administration Center vendor contract with the FCC to Ericsson's (ERIC) Telcordia unit after the Wireline Competition Bureau earlier this morning provided a draft order to the agency to initiate contract negotiations with Telcordia. The FCC voted today to move forward with Ericsson.
March 23, 2015
07:27 EDTDTEGYCityFibre claims BT takeover of EE is anticompetitive, The Telegraph says
CityFibre has filed a claim with British antitrust authorities alleging BTís (BT) GBP12.5B takeover of EE is anticompetitive, reports The Telegraph, citing statements by CityFibre CEO Greg Mesch. BT has claimed that it will immediately cut costs if the takeover proposal succeeds, and CityFibre believes its earlier contract with EE to expand its fibre-optic network will be "effectively neutered." EE is a joint venture by Orange (ORAN) and Deutsche Telekom (DTEGY). Reference Link
March 20, 2015
10:00 EDTERICOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded at Stifel... American Capital Mortgage (MTGE) downgraded to Hold from Buy at Wunderlich... Campus Crest (CCG) downgraded at RBC Capital... Care.com (CRCM) downgraded to Neutral from Overweight at JPMorgan... Electrolux AB (ELUXY) downgraded to Neutral from Overweight at JPMorgan... Ericsson (ERIC) downgraded to Equal Weight from Overweight at Morgan Stanley... Extreme Networks (EXTR) downgraded at Raymond James... PrivateBancorp (PVTB) downgraded to Market Perform from Outperform at BMO Capital... TD Ameritrade (AMTD) downgraded to Neutral from Buy at Goldman... Tableau (DATA) downgraded at Mizuho... Tech Data (TECD) downgraded to Hold from Buy at Needham... Tesoro (TSO) downgraded at Wells Fargo... Ultra Clean (UCTT) downgraded to Hold from Buy at Needham... Vince Holding (VNCE) downgraded to Neutral from Overweight at Piper Jaffray... Youku Tudou (YOKU) downgraded to Sell from Hold at Deutsche Bank.
06:24 EDTERICEricsson downgraded to Equal Weight from Overweight at Morgan Stanley
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March 19, 2015
08:14 EDTERICWorst case scenario unlikely for Ericsson in Apple lawsuit, says Bernstein
Noting that Apple (AAPL) and Ericsson (ERIC) are involved in patent litigation in which Apple has asked the court to limit Apple's royalty payments to Ericsson to the smallest saleable component containing Ericsson's technology, Bernstein says that Ericsson's IP revenue would be reduced to almost nothing if the court grants Apple's request. However, the firm does not believe that Apple's request has a good legal rationale, and it thinks that the court is "extremely unlikely" to grant it. As a result, the firm is "relaxed" about Ericsson's outlook. It keeps an Outperform rating on the shares.
March 18, 2015
05:35 EDTDTEGYDeutsche Telekom and Cisco launch intercloud services on OpenStack
Deutsche Telekom (DTEGY) and Cisco (CSCO) are announcing a newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The two companies announced their Intercloud collaboration in September 2014. Deutsche Telekom and Cisco are currently setting up the necessary infrastructure for a redundant Intercloud node in Deutsche Telekom's high-performance data centers in Magdeburg and Biere near Berlin, Germany. Deutsche Telekom will deliver sovereign and highly secure services that meet Germany's strict data protection standards to business customers throughout the European region.
March 17, 2015
07:18 EDTERICSatellite & Access Intelligence to hold a exhibition
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March 16, 2015
11:11 EDTDTEGYMavenir session border controller selected by T-Mobile Austria
Mavenir Systems (MVNR) announced that its session border controller was selected by Deutsche Telekom's (DTEGY) T-Mobile Austria GmbH for its IP Interconnect and Access SBC Project, which T-Mobile Austria plans to commercially launch in 2015.

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