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 →

Techs Helps S&P Bounce Back From Slump By Investing.com

2019-09-04

© Reuters. Investing.com – U.S. stocks joined a global equity rally Wednesday, recouping Tuesday’s losses. The rally was set off by better economic news out of China and the Hong Kong government’s decision to withdraw its controversial proposal to extradite people to mainland China. Gains in energy stocks also helped.Read More →

Dow Downed by Walgreens, Slump in Energy By Investing.com

2019-04-02

© Reuters. Investing.com – The Dow closed lower Tuesday, struggling to shake off a slump in Walgreen Boots Alliance and weakness in energy stocks. The fell 0.30%, the closed flat, while the gained 0.25%. Wall Street was unable to replicate its swashbuckling gains from a day earlier as Walgreens’ (NASDAQ:)Read More →