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Stock Market & Financial Investment News

News Breaks
January 28, 2014
09:25 EDTERICFrance 24 signs broadcast services contract with Ericsson
Ericsson and France 24 have signed a five-year broadcast services contract effective January 1, following a tender process conducted by the international channel. France 24 has renewed Ericsson's playout management mandate and scheduled the deployment of modernized tools, including new control rooms and HD studios. Modernization will allow France 24 to better meet the needs of the international TV market with enriched content. France 24 broadcasts news 24/7 to 250M homes around the world in French, English and Arabic. Partnering with Ericsson for broadcast services will allow France 24 to equip its control rooms with more advanced tools and automated systems, thereby improving quality of service and achieving a double-digit percentage increase in productivity.
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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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