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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:33 EDTERICEricsson downgraded to Hold from Buy at Argus
Argus downgraded Ericsson due to near-term challenging network growth and valuation.
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July 27, 2015
05:36 EDTERICEricsson announces partnership with Airtel Gabon
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July 17, 2015
13:29 EDTERICWireless infrastructure shares up after Ericsson,TESSCO report
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05:36 EDTERICEricsson says global cost and efficiency program progressing according to plan
Ericsson announced that the target to achieve savings of approximately SK 9B during 2017 relative to 2014, remains. During the quarter, numerous activities were implemented globally including a reduction of 2,100 positions in Sweden, resulting in higher than normal restructuring charges. Savings related to the activities will start to impact results towards the end of this year.
05:34 EDTERICEricsson reports Q2 non-IFRS EPS SK 1.45 vs. SK 1.07 last year
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