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Stock Market & Financial Investment News

News Breaks
August 20, 2014
05:20 EDTERIC, VODEricsson to upgrade Vodafone Australia network
Vodafone (VOD) Hutchison Australia, or VHA, has chosen Ericsson (ERIC) as a sole supplier to replace and upgrade the complete core network for their national network. With the latest core technology, including Ericsson's solutions for Evolved Packet Core and IP Multimedia Subsystem, or IMS, policy control and circuit-switched core, VHA will further enhance network robustness, performance and resiliency. Ericsson will provide integration services for voice and packet core that will support VHA to transform its operations business and enable a more enriched customer offering. Over the period of the 5 year agreement Ericsson and VHA have committed to fully virtualize their core network.
News For ERIC;VOD From The Last 14 Days
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October 29, 2014
07:14 EDTERICTIBCO, Ericsson form global OSS/BSS partnership
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06:29 EDTERICEricsson aiming to wire developing world, WSJ reports
Ericsson wants to capitalize on the rise of cheap, low-margin smartphones by building mobile networks to serve the billions of people who will buy new phones in the developing world over the next five years, CEO Hans Vestberg commented at the WSJD Live global technology conference, the Wall Street Journal reports. Reference Link
October 27, 2014
06:11 EDTERICEricsson chosen by Algeria Telecom
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05:29 EDTERICEricsson signs five-year framework agreement for radio with Telenor
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October 26, 2014
18:59 EDTVODVodafone's Ono acquisition tainted by tax fraud claims, Telegraph says
Britian's Vodafone and Spanish authorities have begun an investigation into allegations of tax fraud at the Spanish cable operator Grupo Corporativo Ono that Vodafone purchased in July for GBP6B, says the Telegraph. Reference Link
October 24, 2014
16:18 EDTERICEricsson trades down 2.9% following Q3 earnings report
Before the open this morning, Ericsson reported Q3 non-IFRS EPS SEK 1.11 vs. SEK 1.31 last year. The company reported Q3 revenue SEK 57.6B vs. SEK 53.0B last year. Shares ended the day down 2.9% to $11.47.
09:36 EDTVODActive equity options trading on open
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08:53 EDTVODVodafone rumored to prepare bid for TalkTalk, Daily Mail says
Rumors have circulated among U.K. trading desks that Vodafone is lining up a cash bid worth GBP4.3B for TalkTalk Telecom, according to The Daily Mail's "This is Money." Shares of Vodafone trading in New York are up over 2% in the pre-market session following the report. Reference Link
October 23, 2014
06:05 EDTERICApple defeats GPNE civil patent suit, Re/code reports
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October 20, 2014
09:36 EDTVODActive equity options trading on open
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