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Telefonaktiebolaget LM Ericsson (ERICa.ST)

ERICa.ST on Stockholm Stock Exchange

48.44SEK
9:23am EST
Change (% chg)

0.28kr (+0.58%)
Prev Close
48.16kr
Open
48.17kr
Day's High
49.15kr
Day's Low
48.00kr
Volume
3,711,288
Avg. Vol
40,611
52-wk High
81.05kr
52-wk Low
45.20kr

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Tue, Nov 29 2016

Ericsson confirms close of production in Boras, Kumla

** Says as previously announced, Ericsson will make significant reductions in its operations in Boras and Kumla

NORDIC STOCKS - Factors to watch on Nov 23

The following stocks may be affected by newspaper reports and other factors on Wednesday:

Ericsson bets on fast-growing broadband demand in Africa

JOHANNESBURG Ericsson is betting that fast-growing demand for mobile Internet services in sub-Saharan Africa will also boost sales for the world's biggest mobile telecoms equipment maker, the Swedish company's regional president said.

UPDATE 3-Nokia says telecoms gear market tough, but outpacing Ericsson

* Shares fall as much as 7.7 pct (Adds details on market outlook, Ericsson forecasts, 5G hopes)

BRIEF-Nokia CEO Suri says company outperforming Ericsson in every area

* "Primary addressable market to return to growth in 2018", Nokia CEO Rajeev Suri said in presentation at company's Capital Markets Day event in Barcelona

Ericsson looks to expand Cisco partnership as it cuts market outlook

STOCKHOLM Struggling telecoms equipment maker Ericsson is looking to expand the scope of its partnership with Cisco as it hunts for ways to offset weaker growth for the industry over the next two years.

UPDATE 2-Ericsson looks to expand Cisco partnership as it cuts market outlook

* Shares climb 3.7 percent (Adds quotes, details from investor conference)

BRIEF-Dignitana appoints Johan Ericsson new CEO

* Johan Ericsson new CEO of Dignitana Source text for Eikon:

NORDIC STOCKS - Factors to watch on Nov 10

The following stocks may be affected by newspaper reports and other factors on Thursday:

CORRECTED-Industrivarden buys 1 mln Ericsson shares

STOCKHOLM, Nov 9 ** Industrivarden has bought 1 million Ericsson shares, Swedish FSA's insider registry showed on Wednesday.

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