24 Apr 2014
|Market Cap (Mil.):||kr266,444.59|
|Shares Outstanding (Mil.):||3,305.05|
STOCKHOLM - Ericsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet.
STOCKHOLM, April 24 - Ericsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet.
STOCKHOLM, April 24 - ERICSSON : * New business unit structure to support networks growth * Says business unit networks will be divided, creating two new units to
* FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 down 0.7 pct
* FTSEurofirst 300 down 0.5 pct, Euro STOXX 50 down 0.7 pct
STOCKHOLM - Ericsson , the world's biggest mobile telecom equipment maker, missed first-quarter sales and profit forecasts as its work to rollout faster fourth-generation networks failed to offset the ending of older projects. | Video
* Shares fall almost 5 percent (Adds share, CEO, analyst comments)
* French, German PMIs point to diverging economies (Updates prices, adds quote, detail)
LONDON/BEIJING - Chinese factory activity shrinks for the fourth straight month in April but private businesses across the euro zone enjoy their best month in nearly three years, business surveys show. (GLOBAL-ECONOMY/ (WRAPUP), expect by 1030 GMT/6.30 AM ET, by Jonathan Cable and Kevin Yao, 700 words)
LONDON, April 23 - French blue-chip shares underperformed their German counterparts on Wednesday after survey data showed that the recovery in France is still weaker than the euro zone's biggest economy.