Momentum
Previous Close | 5.25 |
Open | 5.27 |
Bid | 5.24 x 43500 |
Ask | 5.25 x 47300 |
Day's Range | 5.23 - 5.28 |
52 Week Range | 5.10 - 8.34 |
Volume | |
Avg. Volume | 9,588,620 |
Market Cap | 17.574B |
Beta (5Y Monthly) | 0.27 |
PE Ratio (TTM) | 10.91 |
EPS (TTM) | 0.48 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.24 (4.64%) |
Ex-Dividend Date | Mar 30, 2023 |
1y Target Est | 5.06 |
Welcome to the latest edition of our Diversity & Inclusion News Round Up.
The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from a bribery case against Swedish telecommunications company Ericsson, the Wall Street Journal reported on Friday. The SEC declined to comment, while Ericsson did not immediately respond to Reuters requests for comment. The regulator did not name the enforcement action underlying the award and did not identify the tipster in keeping with whistleblower protection rules.
The record $279 million whistleblower award issued by the Securities and Exchange Commission earlier this month stemmed from a bribery case against Swedish telecommunications company Ericsson, the Wall Street Journal reported on Friday. Both the SEC and Ericsson did not immediately respond to Reuters requests for comment. The regulator did not name the enforcement action underlying the award and did not identify the tipster in keeping with whistleblower protection rules.
Yesterday, the U.S. District Court for the Eastern District of New York dismissed with prejudice the securities litigation against Ericsson (NASDAQ: ERIC) brought by certain shareholders.
Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it did not mislead investors about its compliance with U.S. anti-bribery laws. The lawsuit filed by a Boston-based pension fund claimed that Ericsson had overstated the extent to which it had eliminated the use of bribes after it settled corruption allegations made by the U.S. Department of Justice (DOJ). U.S. District Judge William Kuntz in Brooklyn, New York, wrote that Ericsson had issued "ubiquitous warnings" to investors raising "the possibility of future compliance failures" after the agreement.
The lawsuit filed by a Boston-based pension fund claimed that Ericsson had overstated the extent to which it had eliminated the use of bribes after it settled corruption allegations made by the U.S. Department of Justice (DOJ). U.S. District Judge William Kuntz in Brooklyn, New York, wrote that Ericsson had issued "ubiquitous warnings" to investors raising "the possibility of future compliance failures" after the agreement.
Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it did not mislead investors about its compliance with U.S. anti-bribery laws. The lawsuit filed by a Boston-based pension fund claimed that Ericsson had overstated the extent to which it had eliminated the use of bribes after it settled corruption allegations made by the U.S. Department of Justice (DOJ).
NORTHAMPTON, MA / ACCESSWIRE / May 24, 2023 / Ericsson Originally published by Ericsson Register Now! By 2028 mobile data traffic per smartphone is expected to increase by 21 percent and 5G subscription penetration will exceed 90 percent ...
Nasdaq Stockholm has concluded its review of Ericsson's (NASDAQ: ERIC) public disclosure obligations concerning its 2019 Iraq internal investigation report.
Digital Nasional Berhad selected Ericsson's (ERIC) Security solution to boost the cyber defense of its 5G network with automated security management.
Responses show cellular connectivity improvements are paramount in addressing the digital divide, supporting sustainability efforts and driving enterprise growthBOISE, Idaho, May 23, 2023 (GLOBE NEWSWIRE) -- Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, has published the findings from its global The State of Connectivity survey in cooperation with Censuswide. According to the report, 70% of U.S. organizations have been financially impacted by the l
TORONTO, May 23, 2023--Cradlepoint has published findings from its The State of Connectivity survey in cooperation with Censuswide.
Fifth-generation (5G) wireless technology is igniting a digital renaissance worldwide. The sector is brimming with contenders that could potentially become juggernauts in the space. However, in selecting the best 5G stocks to buy now, it’s imperative to exercise caution. After all, with any technology, such as 5G, the potential for a robust upside is massive. Unfortunately, it can also carry strong market volatility, regulatory uncertainty, and higher valuations. With the market in a downturn, t
NORTHAMPTON, MA / ACCESSWIRE / May 16, 2023 / Ericsson: Originally published by Ericsson Welcome to the latest edition of our Diversity & Inclusion News Round Up. Today we are talking about toxic workplace culture, the latest on Spotify's diversity ...
Ericsson (NASDAQ: ERIC) invites investors and financial analysts to a briefing session focused on sustainability and responsible business at Ericsson. The session will include presentations by Heather Johnsson, Head of Sustainability and Corporate Responsibility, and Jan Sprafke, acting Chief Compliance Officer. The session will also include a Q&A where participants can ask questions.
Plainsight, the leader in proven vision AI, is teaming with Ericsson (NASDAQ: ERIC) to develop and manage computer vision solutions for 5G-powered video streaming and edge-based data analytics. Combining the low latency and reliable throughput of Ericsson's 5G network solutions with Plainsight's computer vision expertise, centralized platform, and suite of managed services will equip Communications Service Providers (CSPs) and enterprise customers with computer vision-based applications to see t
NORTHAMPTON, MA / ACCESSWIRE / May 8, 2023 / Ericsson Originally published by Ericsson By Caroline Berns Welcome to the latest edition of our Diversity & Inclusion News Round-Up. Today we are talking about work-life balance, a new gender pay ...
NORTHAMPTON, MA / ACCESSWIRE / May 4, 2023 / Ericsson Originally published by Ericsson When Sally Croft was told about an experience that her friend's daughter had on her first day in a new job, she was shocked. But it was also a reminder ...
Ericsson (NASDAQ: ERIC) announced today an extension of its 10-year partnership with Eastlink that will strengthen 5G mobile network service across the hundreds of communities that Eastlink serves. Following the launch of Eastlink's 5G network with its high-performing, energy-efficient Radio Access Network (RAN) last year, Ericsson will begin to supply 3500MHz mid-band radios and enhanced core network support for voice and data.
In accordance with the resolutions by the Annual General Meeting 2023, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV II 2023, LTV 2022 and LTV 2021 for Ericsson's executive team and other executives.
NORTHAMPTON, MA / ACCESSWIRE / May 2, 2023 / Ericsson Image source: Unsplash Originally published by Ericsson Can technology improve access to quality education for children and youth around the world? Below, we explore the impact of Ericsson's ...
The EU and U.S. have warned the Malaysian government against national security and foreign investment threat from awarding a 5G contract to Huawei Technologies Co, Ltd. The warning came after the Malaysian government decided to review a decision to award Ericsson (NASDAQ: ERIC) an RM11 billion ($2.5 billion) tender to build a state-owned 5G network, Financial Times reports. Malaysia's 5G launch battled setbacks due to industry concerns over pricing, transparency, and worries that a single govern
NORTHAMPTON, MA / ACCESSWIRE / April 26, 2023 / Ericsson Originally published by Ericsson By Caroline Berns Head of Diversity & Inclusion and Talent Acquisition, MMEA Gender equality Bloomberg just released its latest edition of the Gender-Equality ...
As we march forward toward a hyperconnected future, the importance of 5G stocks is becoming increasingly evident. 5G, the fifth generation of cellular network technology, will likely revolutionize communication, offering stronger speeds, more reliable connections, and a myriad of opportunities for innovation. Moreover, with over 250 global commercial 5G network deployments already and robust momentum in mid-band and high-band spectrum auctions, the 5G future is full of promise. For those interes
NORTHAMPTON, MA / ACCESSWIRE / April 24, 2023 / Ericsson: Originally published by Ericsson By Brian Johnson Head of Networks Build and Operate, Central Region Field Teams As a leader at Ericsson, I know how important authenticity is. I've ...