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Stock Market & Financial Investment News

News Breaks
January 21, 2013
12:59 EDTERICEricsson to acquire IT services capabilities from Devoteam in France
Ericsson announces its intention to acquire Devoteam Telecom & Media operations in France. Devoteam is a leader in Information and Communications Technology consulting with 5000 employees in Europe, Middle East and Africa. The completion of the acquisition is subject to consultation and customary closing conditions. It is expected to take place by the beginning of Q2, 2013. The deal will see 400 skilled, France-based, IT services professionals join Ericsson. It includes also the acquisition of TV SmartVision operations.
News For ERIC From The Last 14 Days
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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.
October 23, 2014
06:05 EDTERICApple defeats GPNE civil patent suit, Re/code reports
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October 13, 2014
05:15 EDTERICFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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