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Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:19 EDTERIC, STMSTMicroelectronics may need $500M to end Ericsson JV, Reuters reports
STMicroelectronics (STM) could need up to $500M to get out of its loss-making joint venture with Ericsson (ERIC), compounding the chipmaker's problems as it fights tough competition and weak demand reports Reuters. Reference Link
News For STM;ERIC From The Last 14 Days
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July 27, 2015
05:36 EDTERICEricsson announces partnership with Airtel Gabon
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July 24, 2015
10:00 EDTSTMOn The Fly: Analyst Upgrade Summary
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06:50 EDTSTMSTMicroelectronics upgraded to Hold from Reduce at HSBC
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July 23, 2015
05:19 EDTSTMSTMicroelectronics sees Q3 revenue up 2.5% sequentially plus or minus 3.5 points
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05:17 EDTSTMSTMicroelectronics reports Q2 adjusted EPS 6c, consensus 4c
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July 22, 2015
10:01 EDTSTMOn The Fly: Analyst Downgrade Summary
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05:31 EDTSTMSTMicroelectronics downgraded to Neutral from Buy at Citi
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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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