AT&T Snubbed Nokia. Why the Stock Is Rising.
Nokia cut its long-term operating margin guidance Tuesday as the fallout of AT&T’s contract snub continued to hit the telecom equipment maker.
Source: marketwatch.com
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Spotify, Broadcom, Lululemon, Docusign, and More Market Movers
Spotify shares fell after the music-streaming group said its chief financial officer will leave the company as of March 31 next year.
Federal Reserve Getty Images Article Normal Electricity Gas Utilities Electric Power Distribution Telecommunications Equipment
Source: marketwatch.com
After AT&T Deal, Jefferies Says Buy Ericcson, Hold Nokia
Telecom stocks Ericsson and Nokia were ticking higher after Jefferies analysts said to buy one and hold the other. AT&T has reached a deal with Ericsson...
Source: marketwatch.com
Nokia Faces Revenue Hit From AT&T's Network Deal With Ericsson -- Update
By Dominic Chopping Nokia's revenue is set to fall after U.S. operator AT&T selected other vendors to build out a new network, a blow to the Finnish...
United States Pekka Lundmark Stoxx Europe North American Nokia Chief Executive Pekka Dominic Chopping
Source: marketwatch.com
AT&T to Buy Up to $14 Billion of Ericsson Equipment. It's a Blow for Nokia.
AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
Source: marketwatch.com
Tesla, PayPal, Charter, GitLab, and More Market Movers
Here are the stocks moving the most on Tuesday.
Getty Images Article Normal Primary Metals Ferrous Metals Industrial Electrical Equipment Retail Wholesale
Source: marketwatch.com
Communications Cos Climb After Ericsson, AT&T Deal -- Communications Services Roundup
Communications services companies rose after a big deal on telecom equipment. Shares of LM Ericsson rallied after U.S. carrier AT&T agreed to buy up to $14...
Rob Curran Article Normal Telecommunications Equipment Telecommunication Services Wireless Telecommunications Services Telefon Ablm Ericsson Series B
Source: marketwatch.com
AT&T Signs $14 Billion Supply Deal With Ericsson
Telecom giant’s move would replace existing equipment with gear that supports open network standards
United States Telecommunications Equipment Telecommunication Services Wireless Telecommunications Services North America Contracts Orders
Source: wsj.com
Cisco Reports Earnings Today. What to Expect.
Cisco faces a tough operating environment. Telecommunications equipment providers have been seeing soft demand,
Source: marketwatch.com
Nokia Has Plan to Tackle Tough U.S. Market. It Includes Mass Layoffs.
Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.
Source: marketwatch.com