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Stock Market & Financial Investment News

News Breaks
June 9, 2014
08:13 EDTERIC, NSRDeutsche sees 'real possibility' of 'black swan' scenario for NeuStar
Deutsche Bank notes that shares of NeuStar (NSR) traded down just before the close on Friday after the FCC posted a document marked confidential which suggested the North American Numbering Council has recommended selecting iConectiv, the Telcordia unit of Ericsson (ERIC), as the vendor for the Number Portability Administration Center. Deutsche says it sees a "real possibility" that the "black swan" scenario plays out for NeuStar and it lowered its price target for shares to $24 from $37. It keeps a Hold rating on the stock.
News For NSR;ERIC From The Last 14 Days
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May 28, 2015
10:02 EDTERICOn The Fly: Analyst Upgrade Summary
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05:34 EDTERICEricsson upgraded to Buy from Neutral at Citigroup
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May 27, 2015
14:28 EDTERICJuniper, Ciena unlikely to be acquired by Ericsson, says Citigroup
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11:46 EDTERICRaymond James doubts Ericsson will buy Juniper or Ciena
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07:55 EDTERICEricsson willing to respond to rivals' merger with deal, Bloomberg reports
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May 26, 2015
18:15 EDTERICEricsson in talks with Reliance to expand Indian operations, Times of India says
Ericsson is in talks with Reliance Jio to offer an "entire range of... products and services" in India as LTE penetration increases across the country, the Times of India reported earlier, citing Ericsson's India chief Chris Houghton. The report notes that the partnership is likely to emphasize smartphone TV streaming technology. Reference Link
May 22, 2015
15:01 EDTERICWi-LAN says Ericsson granted motion for summary judgment on three patents
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