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The Latest Breaking News from Telefonaktiebolaget LM Ericsson

Why Ericsson Shares Are Trading Higher By Over 14%; Here Are 20 Stocks Moving Premarket

Shares of Telefonaktiebolaget LM Ericsson – ADR (NASDAQ:ERIC) rose sharply in pre-market trading after the company posted upbeat third-quarter results. Ericsson and Vodafone also announced a major five-year programmable networks partnership.

3 Tech Stocks Set for June Breakouts

3 Tech Stocks Set for June Breakouts

With rising spending and growing adoption, the tech industry looks well-positioned for steady growth. Amid this backdrop, it could be wise to invest in fundamentally strong tech stocks, Telefonaktiebolaget LM Ericsson (ERIC), TaskUs (TASK), and Nortech Systems (NSYS), which look set for June breakouts. Continue reading.

3 Tech Stocks for Bullish Investors This Week

3 Tech Stocks for Bullish Investors This Week

The technology industry is growing rapidly owing to the rapid adoption of emerging technologies and increased enterprise spending on digitization. Amid this backdrop, it could be wise to invest in quality tech stocks Ericsson (ERIC), Pure Storage (PSTG), and Proto Labs (PRLB) this week for substantial gains. Continue reading.

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3 Bargain Stocks Down More Than 25% You Can Buy Right Now

Concerns over the Fed’s aggressive monetary tightening have led to the stock market witnessing a massive correction over the past couple of months. This has led to some quality stocks, Telefonaktiebolaget LM Ericsson (ERIC), Fujitsu Limited (FJTSY), and Mitsubishi Chemical Holdings (MTLHY), losing more than 25% year-to-date. Considering their discounted…

Scoop Up These 5 Dividend Stocks on Sale

The stock market is exhibiting dizzying volatility this year amid sky-high inflation and the Federal Reserve’s monetary policy tightening. So, amid the market uncertainties, we think it could be wise to scoop up quality dividend stocks from Telefonaktiebolaget LM Ericsson (ERIC), Signet Jewelers (SIG), Volkswagen (VWAGY), Stellantis (STLA), and Covestro…

Buy the Dip in 3 Top-Rated Large-Cap Stocks

The increasing economic sanctions on Russia and consequent surge in oil prices and supply-chain disruptions will surely keep the stock market under pressure. Therefore, we think it could be wise to buy the price dip in quality large-cap stocks Regeneron Pharmaceuticals (REGN), Telefonaktiebolaget LM Ericsson (ERIC), and PPG Industries (PPG)…

Read What Activist Cevian Demanded From Ericsson Post ISIS Fiasco

Europe's leading activist investor Cevian AB pressed Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) to amend its articles to give its Class A shareholders the power to convert their shares into Class B shares, Bloomberg reports. Class A shareholders carry ten times Class B's voting power per share, notes Bloomberg. Cevian holds ~5% of Ericsson's Class…

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Why Ericsson Shares Are Plunging Today

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:…

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

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…

5 Best Performing Large-Cap Tech Stocks in January

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…

Ericsson Clocks 3% Sales Growth In Q4; Proposes Dividend Hike Of 25%

Ericsson Clocks 3% Sales Growth In Q4; Proposes Dividend Hike Of 25%

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported a fourth-quarter FY21 sales growth of 3% year-on-year to SEK71.3 billion. Group organic sales grew by 2% Y/Y. Organic sales in Networks rose 3% Y/Y, and Digital Services sales were flat Y/Y. It reported an EPS of SEK 3.02 versus SEK 2.26 last year. The adjusted gross margin…

Ericsson: Q4 Earnings Insights

Ericsson: Q4 Earnings Insights

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 02:00 AM. Here's what investors need to know about the announcement.

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