Challenged by weak demand and market share loss, Ericsson turns inward to search for efficiencies.
Ericsson finished a tough year on a positive note, with the top line declining less than expected due to currency tailwinds and hardware shipments pulled forward from the first quarter (SEK 2.5 billion). On balance, lower intellectual property rights sales and a higher share of global services revenue hurt the gross margin. New CEO B̦rje Ekholm is in the process of creating a new vision for the company, but it is our understanding that so far he is focusing on profitability in the near term, whi...Ericsson provides communications technology and services. Co.'s services, software and infrastructure Рespecially in mobility, broadband and the cloud Рenable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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