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News Breaks
March 20, 2013
17:15 EDTERICEricsson issued an injunction by NY State Supreme Court in Airvana case
The New York State Supreme Court has issued a preliminary injunction barring Ericsson, Ericsson AB or any party in privity with Ericsson from using, operating, testing or deploying certain Airvana-based EV-DO hardware unless it is executing software that is licensed from Airvana. The Court determined that all of the EV-DO products marketed and sold by Ericsson that were the subject of the preliminary injunction motion were "based on Airvana hardware design". The Court will also conduct a separate, related hearing in April on a second preliminary injunction motion filed by Airvana against Ericsson relating to the Digital Baseband Advanced product marketed and sold by Ericsson. In the second preliminary injunction motion, Airvana seeks the same relief ordered by the Court in yesterday's decision.
News For ERIC From The Last 14 Days
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January 27, 2015
05:21 EDTERICEricsson sees North American mobile broadband business remaining slow
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05:20 EDTERICEricsson proposes to increase 2014 dividend by 13%
Ericsson said in its earnings release, "We improved cash flow from operating activities in 2014 and generated a full-year cash flow of SEK 18.7 (17.4) b. For the third consecutive year we have exceeded our cash conversion target of more than 70%. This resulted in a solid balance sheet, enabling us to continue to implement our strategy and to deliver consistent returns to our shareholders. The Board of Directors proposes a dividend for 2014 of SEK 3.40 (3.00) per share, an increase of 13%."
05:16 EDTERICEricsson reports Q4 net income SK4.2B vs. SK6.4B last year
Reports Q4 sales SK68B vs. SK67B last year. Reports Q4 operating margin 9.3% vs. 13.5% last year. The company said, "In the quarter, strong sales growth in the Middle East, Europe and Asia was offset by a continued decline in North America."
January 22, 2015
11:32 EDTERICF5 Networks plummets after Q2 outlook trails estimates
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January 15, 2015
13:07 EDTERICNetworking trends seen as boon for Cisco, others
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07:02 EDTERICTrends positive for data networking names, says Bernstein
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06:17 EDTERICVodafone CTO Steve Pusey to retire, Johan Wibergh appointed as successor
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