Ericsson Faces Strong Near-Term Headwinds, but We're Still Positive Long Term; Reducing FVE to $8
Ericsson's second-quarter results were markedly better than those of the seasonally weak first quarter as the company aggressively worked down its costs and expenses. However, these positives were overshadowed by the negative near-term impact of restructuring activities and secular industry headwinds. Ericsson expects its core wireless business segment to experience a high-single-digit revenue decline in 2017, worse than its prior forecast of 2%-6%. This will be compounded by managed services co...
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.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.