Ericsson Seen Swinging to Second-Quarter Net Loss -- Earnings Preview
By Dominic Chopping STOCKHOLM--Sweden's Ericsson is due to report second-quarter earnings on Friday. Here's what to watch: NET PROFIT FORECAST: The...
Source: marketwatch.com
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Record $279 Million Whistleblower Award Went to a Tipster on Ericsson
The largest-ever award in the SEC’s cash-for-tips program was related to Ericsson’s bribery case
Source: wsj.com
CDW Stock Is Tumbling. It Warned That U.S. IT Spending Is Sinking Fast
IT services and consulting firm CDW warned 2023 U.S. IT spending will be down in the high single digits in 2023. Just one quarter ago CDW had seen it as flat.
Source: barrons.com
Bank of America, Goldman Sachs, J&J, Netflix, and More Stock Market Movers
Bank of America and Goldman Sachs are scheduled to report quarterly earnings before the stock market opens Tuesday. Johnson & Johnson's adjusted first-quarter earnings beat analysts' estimates.
Source: barrons.com
Missteps by Ericsson and Its Lawyers Led to New Sanctions Against Company
The company breached a 2019 settlement after its lawyers failed to turn over key findings from a probe into allegations of bribery in Iraq, according to a court filing and people familiar with the matter. Two law firms involved say they stand behind their work.
Source: wsj.com