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Stock Market & Financial Investment News

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January 8, 2013
08:38 EDTERICEricsson a top pick for 2013, says Cowen
Cowen called Ericsson a top pick for 2013 as they expect the company to begin LTE-A shipments in late summer. LTE-a is expected to be the next evolution of wireless technology and it should have favorable gross margins and be an important contributor to profits. Shares are Outperform rated.
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June 10, 2013
05:28 EDTERICEricsson receives services contract from Mobile Broadband Network
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June 4, 2013
07:28 EDTERICEricsson plans new R&D center in Montreal, Montreal Gazette reports
Ericsson plans a new research center in the Montreal area, expected to begin operations in 2015, to support the telecom equipment maker’s development of new wireless technology and services for the global marketplace, reports the Montreal Gazette. Reference Link

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