Posts Tagged ‘Ericsson warning’

PRE-MARKET VOLUME SPIKE: Ericsson (ERIC)

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 [...]