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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:07 EDTERIC, TEFEricsson seleced to provide 4G/LTE network for O2
O2, a Telefónica (TEF) brand, has selected Ericsson (ERIC) to provide an Evolved Packet Core, or EPC, the core network of the LTE system, for 100% of O2's network. In addition, Ericsson will transform 50% of its nationwide network by supplying and deploying the latest RBS 6000 multi-standard radio base stations. The end result will be a nationwide multi-standard network that supports 2G/3G/4G, giving O2 the ability to manage with data traffic growth and expand its mobile coverage. Ericsson will become O2's sole supplier of EPC in the UK and deployment has commenced. This includes Evolved Packet Gateway on the SSR 8000 Smart Services Router family and SGSN-MME on the Ericsson Blade System.
News For ERIC;TEF 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 24, 2015
13:50 EDTTEFTelefonica to sell O2 U.K. to Hutchison Whampoa for GBP10.25B
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13:02 EDTTEFTelefonica agrees to sell O2 unit to Hutchison for GBP10.25B, Bloomberg reports
05:58 EDTTEFHutchison Whampoa to finalize deal to buy O2, Financial Times reports
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March 23, 2015
06:10 EDTTEFBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). 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 17, 2015
07:18 EDTERICSatellite & Access Intelligence to hold a exhibition
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