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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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October 24, 2014
16:18 EDTERICEricsson trades down 2.9% following Q3 earnings report
Before the open this morning, Ericsson reported Q3 non-IFRS EPS SEK 1.11 vs. SEK 1.31 last year. The company reported Q3 revenue SEK 57.6B vs. SEK 53.0B last year. Shares ended the day down 2.9% to $11.47.
October 23, 2014
06:05 EDTERICApple defeats GPNE civil patent suit, Re/code reports
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October 13, 2014
05:15 EDTERICFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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