Ericsson Stock News

Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on an investigation the company carried out that year into

Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company's conduct relating to Iraq and how it was addressed.

Ericsson stock (NASDAQ: ERIC) is down almost 30% in the past month (21 trading days), massively underperforming the S&P 500 which was down around 3% over this period. ERIC's most recent FY '21 earning

Upgrades Loop Capital upgraded the previous rating for Aspen Technology Inc (NASDAQ:AZPN) from Hold to Buy. In the second quarter, Aspen Technology showed an EPS of $1.20, compared to $2.04 from the y

Ericsson (ERIC +2.1%) has named Scott Dresser as its new chief legal officer, joining the company March 21. He''s replacing Xavier Dedullen in that role

The U.S.-listed shares of Nokia Corp. got a boost Monday, after Raymond James analyst Simon Leopold upgraded the Finland-based network infrastructure company, citing an improving competitive position

NEW YORK, March 14, 2022 /PRNewswire/ -- Attention Telefonaktiebolaget LM Ericsson ("Telefonaktiebolaget LM Ericsson") (NASDAQ: ERIC) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 27,…

NEW YORK, March 13, 2022 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) between April 27, 2017 and February 25, 2022, inclusive (the “Class Period”) of the important May 2, 2022 lead plaintiff deadline .

SAN FRANCISCO, March 12, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Ericsson (NASDAQ: ERIC) investors who suffered significant losses to submit your losses now . A securities fraud class action has been filed and certain Ericsson investors with significant losses have the opportunity to lead the case.

SAN FRANCISCO, March 12, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Ericsson (NASDAQ: ERIC ) investors who suffered significant losses to submit your losses now . A securities fraud class action has been filed and certain Ericsson investors with significant losses have the opportunity to lead the case. Class Period: Apr. 27, 2017 – Feb. 25, 2022 Lead Plaintiff Deadline: May 2, 2022 Visit: www.hbsslaw.com/investor-fraud/ERIC Contact An Attorney Now: [email protected] 844-916-0895 Ericsson (NASDAQ: ERIC ) Securities Class Action: The complaint challenges Defendants'' statements about Ericsson''s business in Iraq and its compliance with a Dec. 2019 deferred prosecution ("DPA") agreement with the DOJ concerning alleged Foreign Corrupt Practices Act violations. Specifically, Defendants: (1) overstated the extent to which Ericsson reformed its business practices to eliminate the … Full story available on Benzinga.com

NEW YORK, March 11, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), C3.ai, Inc. (NYSE: AI), and Rivian Automotive, Inc. (NASDAQ: RIVN). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

SAN DIEGO--(BUSINESS WIRE)-- #ERICstock--The suit alleges defendants issued false statements concerning Ericsson business and prospects, resulting in its stock trading at inflated prices.

During the recent session, Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC)’s traded shares were 5.93 million, with the beta value of the company hitting 0.33. At the last check today, the stock’s price was $8.48, reflecting an intraday gain of 1.07% or $0.09. The 52-week high for the ERIC share is $14.39, that puts it down -69.69 … A Quick Glance At Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) Stock: It Is up 10.73% From Its 52-Week Low; YTD, It Is Down -22.82 Percent Read More »

NEW YORK, March 11, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC). To receive updates on the lawsuit, fill out the form:…

Nokia is in talks to replace Huawei 4G radio equipment from parts of Vodafone Idea''s telecom network in India, in one of the largest swap deals for the Finnish company, three sources familiar with the matter said. The deal will see Nokia deploying 12,000 5G-ready radio sites and 4,000 small cells in Vodafone Idea''s network in India''s capital Delhi, the sources said. Telecom operators in India have been reducing their dependence on Huawei after certain security concerns and Vodafone Idea''s move is a blow to Huawei''s prospects in the country, telecom experts said, adding more operators may choose to replace the Chinese company as supplier. Huawei said the company doesn''t comment on specific projects. Nokia declined to comment, while Vodafone Idea did not respond to requests for comment. Several countries, including the United States, Britain and Sweden have blocked operators from using equipment made by Huawei over security concerns. Huawei denies it is a security risk. "Unfortunately, there is no choice but to move out of Huawei because of the security concerns and government pressure," said Vivekanand Subbaraman, a telecom analyst at India''s Ambit Capital. "Those concerns are not something you can wish away." Vodafone Idea in January agreed to convert dues owed to the government for use of airwaves into equity, giving the Indian state a 35.8% stake in the company.