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General Electric tumbles after first-quarter earnings guidance misses estimates, while shares of United Airlines rise after the carrier’s expectations for...
In the fourth quarter, sales in Ericsson's networks unit declined 23%. It and rival Nokia are coping with weakening demand for mobile equipment.
Oppenheimer analysts Timothy Horan and Edward Yang upgraded AT&T to Outperform from Perform.
Finnish equipment supplier Nokia has weathered punch after punch lately, and its stock just caught another, with a downgrade from Citi.
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.