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Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:13 EDTERIC, NSRFCC public notice a negative for NeuStar, says Wells Fargo
Wells Fargo says the FCC last night filed a public notice on its website confirming that the North American Numbering Council is recommending Ericsson's (ERIC) Telecordia to run the local number portability administrator contract. Wells views the headline as negative for NeuStar (NSR), but reiterates that with legal delays and a likely lengthy transition period, it expects NeuStar to retain revenue from the contract through mid 2016 and possibly into 2017. It has a Market Performr rating on NeuStar.
News For NSR;ERIC From The Last 14 Days
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July 30, 2015
16:30 EDTNSRNeuStar acquires Bombora for $86.9M, sees $8M contribution to 2015 revenue
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16:28 EDTNSRNeuStar raises FY15 adjusted EPS to $4.34-$4.51, consensus $4.43
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16:27 EDTNSRNeuStar reports Q2 adjusted EPS $1.10, consensus $1.07
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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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July 16, 2015
05:34 EDTERICEricsson announces collaboration with Softbank on 5G trials in Tokyo
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