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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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August 27, 2015
05:37 EDTERICEricsson renews playout services contract with ITV
Ericsson announced that it has renewed its playout services contract with ITV, the UK's leading commercial television network. The contract, which has been extended until 2024, will see Ericsson continue to provide playout services for ITV's portfolio of channels including ITV, ITV2, ITV3, ITV4, ITV HD and CITV and their associated regional variants as well as ITV's newest TV channels, ITV Encore and ITVBe. As part of the contract, Ericsson has designed, built and integrated a state-of-the-art scalable simulcast platform for ITV. The modular infrastructure will allow ITV the flexibility to deliver new services and launch existing services onto new platforms, easily and with a high level of resilience.

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