Volume Spike Investor

LM Ericsson Telephone Company (NASDAQ: ERIC) is up 1.54% this morning in pre-market trading, raising shares from $10.42 to $10.58.  This movement, however, comes during a 52-week range of $8.94 to $12.39.  The company has also traded 200,200 shares already, compared with their average amount of 6,762,200. This jump, which indicates a return to recent [...]

LM Ericsson Telephone Company (NASDAQ: ERIC) fell pre-market as a result of poor second quarter results, in which sales for comparable units, adjusted for currency and hedging, was down 15% compared to last year.  At 8:35 AM EST the company was down 1.86% to $11.07 from $11.28 and has traded 583,800 shares, which is an [...]

LM Ericsson Telephone Company (NASDAQ: ERIC) is trading higher, although our first look at earnings indicated a miss in local currency.  We saw that (Swedish Kronors) was 0.39 EPS versus an estimate of 0.38 and revenue fell 9% 45.1 billion (again, Kronors).  Shares closed at $11.26 on Thursday, and shares were up 6% at $11.95 [...]

LM Ericsson Telephone Co. (ERIC) is down almost 3% at $10.97 on over 100,000 shares as of 8:35 AM EST.  The stock was downgraded at BofA/ML and at Goldman Sachs.  The 52-week range is $7.62 to $11.33 and the average volume is over 6 million shares. CIT Group, Inc. (NYSE: CIT) is trading up despite [...]

LM Ericsson Telephone Co. (Nasdaq: ERIC) shares are down 7 percent to $9.65 with more than 300,000 shares traded as of 8:15 a.m. The company posted EPS of 26 kronor per share, vs. analyst expectations of 84 kronor per share. Network sales fell year-over-year currency adjusted, reflecting a weaker the market environment. — Mike Tarsala

We are seeing some active trading in the stocks of companies which raised capital via secondary offerings that priced last night and this morning.  We have the full details of each pricing at 24/7 Wall Street, but here is how these are trading this morning: Ameriprise Financial Inc. (NYSE: AMP) down 3.5% at $24.80 on [...]

Nokia (NYSE: NOK) has issued another warning on its sales due to the weak consumer, buying of cheaper phones, holding phones longer and more…..  Nokia shares are down 12% at $12.37 pre-market, down from ayearly high of about $40.00.  If this price holds it will mark a 52-week low.  We have already seen over 2.8 [...]

LM Ericsson (NASDAQ: ERIC) is seeing a downward price move on a rather large volume surge this morning. The Sweden-based handset maker said that net sales and income before taxes in the second quarter of 2008 are still being negatively affected by moderating demand of mid-to-high end mobile phones, in combination with a delay of [...]