Tanger Outlet shares surge as short sellers get squeezed

2020-01-27

iStockphoto The Tanger Outlets in Lancaster County. Shares of Tanger Factory Outlet Centers are rocketing higher even as doubts about the future of bricks-and-mortar retailers continue to plague the company, one of the pioneers of outlet-store shopping. But the big share move upward isn’t because investors have had a changeRead More →

Ericsson shares slump as earnings weighed by higher costs

2020-01-24

STOCKHOLM — Shares in Ericsson AB (ERIC) slumped as much as 8.2% in early trade Friday after seeing fourth-quarter earnings weighed by higher costs. The telecommunications equipment company ERIC, +0.22% ERIC.B, -6.69% ERIC.A, -5.19% saw costs rise in the quarter as it invested in acquisitions, digitization, security and ethics andRead More →