Ericsson to Cut 1,400 Jobs as Orders Slow

09:07am, Monday, 20'th Feb 2023
The cuts are part of an effort the company announced late last year to reduce costs by the end of 2023 through streamlining processes, closing facilities and using fewer consultants.
Telecom gear maker Ericsson plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of job losses in other countries, particularly in the Americas, two s
Upgrades According to Raymond James, the prior rating for Kemper Corp (NYSE:KMPR) was changed from Outperform to Strong Buy. In the fourth quarter, Kemper showed an EPS of $0.41, compared to $2.05 fro

Ericsson (ERIC) Q4 Earnings Decline, Revenues Surge Y/Y

04:34pm, Monday, 23'rd Jan 2023 Zacks Investment Research
Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.

Are Options Traders Betting on a Big Move in Ericsson (ERIC) Stock?

01:34pm, Monday, 23'rd Jan 2023 Zacks Investment Research
Investors need to pay close attention to Ericsson (ERIC) stock based on the movements in the options market lately.
Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.
ERIC earnings call for the period ending December 31, 2022.
Gainers Helbiz, Inc. (NASDAQ: HLBZ) shares jumped 133.1% to $0.2870. Helbiz recently announced discontinuation of operations in non-profitable markets. Genius Group Limited (NYSE: GNS) shares jumpe
Here's a round-up of stories from around the globe and from various media outlets. Benzinga Google To Fire 12K Employees Worldwide; Extends Support Packages Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: G
Our call of the day from TheoTrade's Professor Jeff Bierman warns that the next group of stocks to come under pressure will be consumer staples.
U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session. Gorilla Technology Group Inc. (NASDAQ: GRRR) shares tumbled 15.8% to $
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q4 2022 Earnings Conference Call January 20, 2023 3:00 AM ET Company Participants Peter Nyquist - VP and Head, IR Börje Ekholm - President and CE
The U.S.-listed shares of Ericsson ERIC, -1.66% ERIC.B, -4.57% sank 4.4% toward a 10-week low in premarket trading Friday, after the Sweden-based telecommunications equipment and services company repo

Ericsson warns on near-term outlook as profit disappoints

06:57am, Friday, 20'th Jan 2023 MarketWatch
The Swedish telecommunications-equipment company said weak trends for its key networks unit in the fourth quarter would continue at least during the first half of 2023.
The telecoms company said margins in its key network unit were being hit by reduced spending from North American customers.
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