Telefonaktiebolaget LM Ericsson (publ) (ERIC)
After hours:
| Previous Close | 5.78 |
| Open | 5.79 |
| Bid | 5.81 x 2900 |
| Ask | 5.84 x 45900 |
| Day's Range | 5.78 - 5.85 |
| 52 Week Range | 5.16 - 9.80 |
| Volume | |
| Avg. Volume | 10,041,827 |
| Market Cap | 19.566B |
| Beta (5Y Monthly) | 0.31 |
| PE Ratio (TTM) | 10.83 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.26 (4.56%) |
| Ex-Dividend Date | Mar 30, 2023 |
| 1y Target Est | N/A |
- Bloomberg
Ericsson CEO, Directors Lose Liability Vote Over Iraq Scandal
(Bloomberg) -- Ericsson AB’s chairman, chief executive officer and several other board members could be held financially responsible for one of Sweden’s worst corporate corruption scandals after shareholders voted against discharging them from liability. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketFBI Releases Files on Ivana TrumpScotiabank Economist E
- Reuters
Ericsson's board rebuked by shareholders at AGM for second year in a row
Under Swedish law, if board members are not discharged of their liabilities for the previous year by shareholders owning at least 10% of the stock they can be sued by the company and its investors. Shareholders are upset with the company's perceived mishandling of alleged bribery cases. Ericsson was fined 207 million dollars earlier this year by the U.S. authorities for not properly disclosing that a 2019 investigation had found the company may have paid bribes to militant organisations in Iraq.
- Zacks
Ericsson (ERIC) Sets Up Quantum Research Hub in Canada
Ericsson's (ERIC) quantum research hub is likely to provide the perfect test bed for academic challenges with requisite networking competence and facilities to conduct advanced research.
