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Stock Market & Financial Investment News

News Breaks
April 1, 2014
05:43 EDTERICEricsson signs deal with DNA in Finland for 4G LTE expansion
Finnish telecom company DNA has signed a deal with Ericsson to supply a new, nationwide LTE 800 MHz network and to improve existing 4G, 3G and 2G networks. Ericsson is deploying the latest multi-standard RBS 6000 family of base stations and network management solutions. Alongside the products, Ericsson will provide network rollout services such as installation, civil works, integration, commissioning and associated project management. In addition, Ericsson will provide support for software and hardware, spare parts management services and initial tuning.
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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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