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Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:19 EDTSTM, ERICSTMicroelectronics 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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September 1, 2015
07:55 EDTERICSeveral telecom equipment stocks attractive after pullback, says Bernstein
Bernstein says that Ericsson (ERIC), Nokia (NOK), and Alcatel-Lucent (ALU) have fallen about 10% recently, even though all three have "limited exposure" to China, according to the firm. The firm adds that all three are defensive in relation to macro economic growth. It keeps Outperform ratings on all three names.
07:48 EDTSTMSemiconductor sector upgraded to Neutral from Cautious at UBS
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August 31, 2015
11:03 EDTERICEricsson signs OSSii license agreements with Cisco and Tektronix
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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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