The Latest Breaking News from ERIC

Better Buy for 2022: Ericsson vs. Nokia

As businesses are increasingly adopting advanced technologies to stay ahead of the race in this digital era, the demand for communication equipment is expected to rise exponentially. So, popular communication equipment stocks Ericsson (ERIC) and Nokia (NOK) should benefit from the industry tailwinds. But which of these two stocks is…

StockNews.com · May 3, 2022

Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension

Telefonaktiebolaget L M Ericsson (NASDAQ:ERIC)  reported a first-quarter FY22 sales growth of 11% year-on-year to SEK 55.1 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America, Europe, and Latin America.  Organic sales in Networks rose 4% Y/Y, and Digital Services sales down by 2% Y/Y. It reported an…

Benzinga · Apr 14, 2022

3 Tech Stocks to Scoop Up After Sharp Declines: Seagate Technology, NICE, and Ericsson

Skyrocketing inflation, rising interest rates, and a geopolitical crisis caused by Russia’s invasion of Ukraine, have triggered massive selloffs in the technology sector. However, these conditions represent a great opportunity to buy stocks on their price dips. So, we think it could be wise to invest in financially solid tech…

StockNews.com · Mar 21, 2022

3 5G Stocks That Will Rally 35% or More, According to Wall Street

The 5G industry is gaining significant investor attention thanks to rapid digitization and the continuation of hybrid working structures. Given the industry’s solid growth prospects, Wall Street analysts expect quality 5G stocks Marvell (MRVL), Telefonaktiebolaget (ERIC), and Silicon (SLAB) to rally by more than 35% in price in the coming…

StockNews.com · Mar 2, 2022

Why Ericsson Shares Are Plunging Today

Citi analyst Andrew Gardiner downgraded Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) to Neutral from Buy, calling the company "uninvestable." The re-rating followed the report of alleged "tens of millions of dollars in suspicious payments" by the telecom company to ISIS over nearly a decade to keep its business in Iraq. Related Content:…

Benzinga · Feb 28, 2022

Ericsson Could Have Paid ISIS For Access To Iraq Transport Routes, CEO Ekholm Says; Stock Plunges

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) may have made payments to the ISIS terror organization to gain access to specific transport routes in Iraq, Bloomberg reports as per CEO Borje Ekholm’s statement to a newspaper Dagens Industri. Ericsson had identified “unusual expenses dating back to 2018” and was yet to determine the final recipient of…

Benzinga · Feb 16, 2022

Effective tool cleans up voting rolls in 30 states. Don’t undermine it. | Editorial

Some on the far right are spreading disinformation against one of the best ways states have to make sure voter records are accurate.

Chicago Sun-Times · Feb 15, 2022

5 Best Performing Large-Cap Tech Stocks in January

The interest rate-sensitive Nasdaq Composite experienced a sell-off last month on concerns over the potential for several interest rate hikes this year. However, large-cap tech stocks VMware (VMW), Telefonaktiebolaget LM Ericsson (ERIC), Corning (GLW), Fair Isaac (FICO), and Citrix Systems (CTXS) dodged the market volatility and outperformed the index last…

StockNews.com · Feb 4, 2022

2 5G Stocks to Buy in February 2 to Sell

With rising COVID-19 omicron cases, the continuing remote working trend is expected to accelerate the growth of the 5G sector. Furthermore, the increasing adoption of the 5G standard across various industries should also fuel the 5G market's growth. Therefore, we believe fundamentally strong 5G stocks LM Ericsson (ERIC) and Ciena…

StockNews.com · Feb 3, 2022

5G Industry in 2022: The Complete Investors Guide

5G technology is going to become the standard over the next decade, and it will facilitate an era where everyone and every device is always connected. Of course, this upgrade cycle will lead to many opportunities for investors. Some stocks to consider are Apple (AAPL), Qualcomm (QCOM), Ericcson (ERIC), Analog…

StockNews.com · Feb 1, 2022