Telefonaktiebolaget LM Ericsson (ERICb.ST)
21 Oct 2016
STOCKHOLM Sweden's Ericsson said sales in North America, its biggest market, had fallen in the past three months, identifying another of its weaknesses after the mobile telecom equipment maker's dramatic profit warning last week. | Video
* Company says hit by weak global market (Adds CEO comment, details on contracts)
STOCKHOLM, Oct 21 Ericsson interim CEO Jan Frykhammar tells telephone conference:
STOCKHOLM, Oct 21 Mobile telecom equipment maker Ericsson on Friday said North American sales had declined in the third quarter, highlighting the depth of its crisis with its profit warning last week.
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STOCKHOLM Struggling mobile networks giant Ericsson could try to hire a chief executive with no track record in the telecoms industry after looking beyond the obvious candidates, a source familiar with the matter said.
STOCKHOLM, Oct 19 Struggling mobile networks giant Ericsson could try to hire a chief executive with no track record in the telecoms industry after looking beyond the obvious candidates, a source familiar with the matter said.
* Citi says Italian banks' asset quality improving (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)(Adds closing prices, details)
STOCKHOLM The crisis at Ericsson deepened on Wednesday when the world's biggest maker of mobile network equipment reported a 94 percent plunge in quarterly operating profit and tumbling sales.
* Shares tumble more than 15 percent, hit 8-year low (Adds more CEO, analyst comments, background, updates shares)