-
Telecom Company Ericsson To Lay Off 8,500 Workers As Part Of Cost-Cutting Plan
Saturday, February 25, 2023 - 3:07pm | 370Read More...Swedish telecom equipment maker Telefonaktiebolaget LM Ericsson ADR (NASDAQ: ERIC) will lay off 8,500 employees globally as part of a cost-cutting measure. Reuters reports that layoffs are predicted to affect North America and would be the largest to hit the telecom...
-
Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Read More...Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....
-
Smartphone Demand Hits A Peak: What's Next For The Technology?
Sunday, February 25, 2018 - 4:02pm | 730Read More...Most Americans are unable to picture life without a smartphone. But has growth in the sector stagnated, even as smartphones pack more computing power and features in pocket-size devices than ever before? Falling Sales An alarm signal flashed for many when IDC released its 2017...
-
Benzinga's Bulls & Bears Of The Week: Apple, Cisco, Lululemon, Nike, Wells Fargo And More
Monday, February 12, 2018 - 9:03am | 771Read More...Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls included two sports apparel giants, a leading chipmaker and an media conglomerate. Bearish calls featured the iPhone maker, a financial giant and cryptocurrencies. Volatility came roaring...
-
Ericsson Up 5%, Announces Intention To Acquire A Media Content Supplier
Tuesday, January 19, 2016 - 10:21am | 297Read More...Shares of Ericsson (ADR) (NASDAQ: ERIC) were trading higher by more than 4.7 percent ahead of Tuesday's opening bell. The company announced its intention to acquire FYI Television, a TV metadata and entertainment image content expert. FYI Television accumulates and distributes TV...
-
Ericsson And Huawei Extend Global Patent License Agreement
Thursday, January 14, 2016 - 10:43am | 190Read More...Ericsson (ADR) (NASDAQ: ERIC) announced Thursday morning it has reached an agreement with Huawei to extend their global patent cross license agreement. As part of the agreement, both companies will continue accessing and implementing each other's standard essential patents and technologies...
-
JP Morgan: Broadcom's Team Is 'Executing Well'
Monday, February 2, 2015 - 12:22pm | 308Read More...In a report published Friday, JP Morgan analysts Harlan Sur and Bill Peterson went over Broadcom Corporation’s (NASDAQ: BRCM) fourth quarter-earnings report. They consequently reiterated an Overweight rating on the stock and raised their price target from $54 to $55. The stock traded...
-
Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627Read More...U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
-
Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089Read More...U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
-
Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 4:42pm | 2188Read More...U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
-
Ericsson CEO Hans Vestberg Said To Be On Microsoft CEO Short List
Friday, January 17, 2014 - 1:58pm | 582Read More...Bloomberg reported Thursday that sources told it Microsoft (NASDAQ: MSFT) was considering Ericsson (NASDAQ: ERIC) chief, Hans Vestberg to succeed Steve Ballmer. In addition to Vestberg, Bloomberg said its sources indicated Microsoft’s Satya Nadella, along with former Nokia (NYSE: NOK) CEO,...
-
Four Communications Equipment Companies Oppenheimer Likes
Wednesday, August 7, 2013 - 2:17pm | 829Read More...Ciena (NASDAQ: CIEN), Cisco Systems (NASDAQ: CSCO), Juniper Networks (NYSE: JNPR) and Qualcomm (NASDAQ: QCOM) were among the communications equipment makers recommended in a recent research report from the Institutional Portfolio analysts at Oppenheimer. The analysts see these companies as poised...
-
Sony Could be Backing Out of Mobile Production
Thursday, August 23, 2012 - 10:03am | 549Read More...Sony's (NYSE: SNE) smartphone division, Sony Mobile, is gearing up for a massive round of layoffs as the company attempts to restructure the struggling unit. According to IDG News Service, Sony Mobile -- which was once a joint venture between Sony and Ericsson before Sony took control of the unit...
-
Barron's Recap (6/9/12): The 2012 Midyear Roundtable Report Card
Sunday, June 10, 2012 - 8:11am | 916Read More...This weekend in Barron's online: a midyear updated on the markets, the likely effects of the Supreme Court's ruling on Obamacare, and the prospects for alternative ETFs and Time Warner. Cover Story "Caution: Sharp Turns Ahead" by Lauren R. Rublin. It is time for Barron's midyear update, which is...
