- Reuters•16 hours ago
Struggling telecom equipment maker Ericsson (ERICb.ST) said on Thursday sweeping staff cuts in its Swedish home market were running ahead of schedule, resulting in higher restructuring costs this year. There has been speculation among analysts and staff at Ericsson about whether the company might need further cost savings to deal with tough market conditions and one analyst said it looked like more jobs could go be lost globally. The company said it expected restructuring costs this year of 5.5-6.5 billion Swedish crowns ($606-717 million), higher than a previous estimate of 4-5 billion.
- GlobeNewswire•22 hours ago
The intended reductions in Sweden announced on Oct 4, 2016 are progressing ahead of plan. Voluntary program finalized - no further forced workforce reduction currently planned in Sweden. Total company ...
- Zacks•2 days ago
Ericsson (ERIC) has been grappling with numerous headwinds in recent times and its share price trend indicates the same.
ERIC : Summary for Ericsson - ADS each representin - Yahoo Finance
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||5.10 x 10000|
|Ask||5.60 x 400|
|Day's Range||5.44 - 5.51|
|52 Week Range||4.83 - 10.20|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||16.01|
|Dividend & Yield||0.46 (8.62%)|
|1y Target Est||N/A|