Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments: Networks, Global Services, Support Solutions, and Modems. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transport networks, and core networks. This segment offers radio access solutions; IP and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; switching and IP multimedia subsystem solutions; and operations support systems, as well as supports operators management of existing networks. The Global Services segment delivers managed services, such as services for designing, building, operating, and managing networks or solutions; maintenance; network sharing solutions; shared solutions; and managed services of IT environments, as well as provides broadcast services. This segment also offers product-related services, including services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network optimization services. In addition, it provides consulting and systems integration services comprising technology and operational consulting, integration of multi-vendor equipment, design and integration, and transforming programs; and industry specific solutions. The Support Solutions segment offers operations support systems; business support systems that provide revenue management, mediation, and customer care solutions; television (TV) solutions for the creation, management, and delivery of TV experiences on any device over any network; and M-Commerce solutions for money transfer. The Modems segment designs, develops, and sells LTE multimode thin modem solutions for smartphone and tablet manufacturers. Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.
Washington city takes stock of tornado damage24 Oct 2014, 9:06 amLONGVIEW, Wash. (AP) — The southwest Washington city of Longview tallied the damage Friday from a rare tornado that tore off roofs, broke windows and uprooted trees, leaving residents and officials in
U.S. stock futures tumble on reports of NY Ebola case24 Oct 2014, 12:39 amS&P 500 mini futures fell as much as 0.7 percent, slipping from two-week highs hit the previous day on budding optimism from corporate earnings and the global economy. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 percent, though Japan's Nikkei share average bucked the trend rising 1.0 percent, led by gains in drug companies.
Airbnb valued at $13B ahead of staff stock sale23 Oct 2014, 6:34 pmAirbnb's valuation is set to rise to $13 billion, as it prepares an employee stock sale, The FT reports.
Pre-Market Earnings Report for October 24, 2014 : PG, BMY, UPS, CL, F, LYB, SHPG, ERIC, STT, VTR, MCO, DLPH23 Oct 2014, 2:16 pmPre-Market Earnings Report for October 24, 2014 : PG, BMY, UPS, CL, F, LYB, SHPG, ERIC, STT, VTR, MCO, DLPH
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1 High-Yield Dividend Stock I Would Avoid at All Costs20 Oct 2014, 7:31 am1 High-Yield Dividend Stock I Would Avoid at All Costs
Stock option volumes soar for biotechs with Ebola drugs9 Oct 2014, 5:35 pmBy Saqib Iqbal Ahmed NEW YORK (Reuters) - The newest twist in the business of trying to capitalize on the outbreak of the Ebola virus is playing out in the U.S. equity options market. Trading volumes have soared in the stock options of a pair of biotechnology companies thought to have promising treatments for the deadly disease which has claimed the lives of 3,865 people worldwide, according to ...
Experimental Ebola Drug-Maker Chimerix Stock Falls After Dallas Ebola Patient Dies8 Oct 2014, 9:43 amStock in the little-known American biopharmaceutical company Chimerix took an immediate hit Wednesday morning after the death of Thomas Eric Duncan, the first person diagnosed with Ebola in the United States. He was being treated at a Dallas hospital with an experimental drug from Chimerix.
Rocket draws big investor crowd for emerging market Web plan24 Sep 2014, 9:50 amBy Eric Auchard FRANKFURT (Reuters) - Rocket Internet, the global e-commerce investor, will take a more hands-on role in its stable of companies through a stock market listing which was fully subscribed within the first hour of taking orders, it said on Wednesday. The German company is riding the coattails of last week's successful listing by Chinese rival Alibaba and on Tuesday said it was ...