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Stock Market & Financial Investment News

News Breaks
April 11, 2014
09:09 EDTQCOM, ERICQualcomm Ericsson recommended for near-term at RBC Capital
RBC Capital believes that Qualcomm's (QCOM) royalty business remains healthy and defensible, while the company is poised to benefit from LTE expansion. The firm predicts that Ericsson (ERIC) will continue to have steady low-to-mid single digit top-line growth, an improving margin profile, and a rising dividend. It keeps Outperform ratings on both stocks.
News For QCOM;ERIC From The Last 14 Days
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October 29, 2014
07:14 EDTERICTIBCO, Ericsson form global OSS/BSS partnership
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06:29 EDTERICEricsson aiming to wire developing world, WSJ reports
Ericsson wants to capitalize on the rise of cheap, low-margin smartphones by building mobile networks to serve the billions of people who will buy new phones in the developing world over the next five years, CEO Hans Vestberg commented at the WSJD Live global technology conference, the Wall Street Journal reports. Reference Link
October 27, 2014
06:11 EDTERICEricsson chosen by Algeria Telecom
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05:29 EDTERICEricsson signs five-year framework agreement for radio with Telenor
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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.
06:14 EDTQCOMTSMC to provide chips for LG's 'Nuclun' smartphone microprocessor, WSJ says
According to a source, Taiwan Semiconductor (TSM) will provide chips for microprocessors to power "Nuclun," a variation of LG's G3 smartphone, the Wall Street Journal reports. So far, LG Electronics has mostly relied on Qualcomm (QCOM) for the chips that run its smartphones. Reference Link
October 23, 2014
06:05 EDTERICApple defeats GPNE civil patent suit, Re/code reports
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October 21, 2014
14:04 EDTQCOMEarnings Preview: Analysts divided on Broadcom ahead of Q3 report
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