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Stock Market & Financial Investment News

News Breaks
August 13, 2014
06:07 EDTERICEricsson selected by MTV for broadcast and media services
Ericsson will provide media and broadcast services such as media management, playout and studio facilities management for Finnish media company MTV as a result of a new five-year agreement. Ericsson will provide these services to both MTV and other local and international customers from a purpose-built media hub in Helsinki, Finland. Under the terms of the agreement, 45 highly skilled broadcast services professionals will be transferred from MTV to Ericsson
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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