Ericsson : TP cut to SEK 105 following DoJ announcement
>Ericsson actually has 2 or 3 cases before the US DoJ - Ericsson said yesterday morning that it had been informed by the US DoJ that in its view 1/ the group had disclosed insufficient information about its internal investigation into conduct in Iraq during the period 2011/2019, prior to entering into the DPA (Deferred Prosecution Agreement) signed on 6 December 2019 and 2/ the company had breached the DPA by failing to make subsequent disclosures to the DPA. These a...Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable 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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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