- TheStreet.com•3 days ago
Ericsson (ERIC) is reportedly planning to shutter the last of its Swedish manufacturing sites, ending Ericsson's 140 years of production in the country.
- Reuters•3 days ago
Mobile telecoms equipment maker Ericsson plans to close the last of its Swedish manufacturing sites, cutting around 3,000 jobs in the country, Swedish daily Svenska Dagbladet reported on Wednesday. Manufacturing facilities in the cities of Boras and Kumla will be closed, the paper reported citing internal documents, ending 140 years of production in Sweden for the company which began as a producer of telegraph and telephony equipment. The affected jobs are in the network products division which is the company's biggest business area, the paper said.
- Bloomberg•3 days ago
Ericsson AB, responding to a report that it plans to shut down the last of its network-equipment production operations in Sweden, said its home country won’t be excluded from a worldwide drive to cut jobs ...
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||6.66 x 100|
|Ask||7.00 x 1500|
|Day's Range||6.90 - 6.95|
|52wk Range||6.68 - 10.58|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||14.11|
|Avg Vol (3m)||3,802,092|
|Dividend & Yield||0.46 (6.53%)|