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SEBI's ban on India's Anil Ambani and his Reliance Group troubles

TIMELINE-SEBI's ban on India's Anil Ambani and his Reliance Group troubles BENGALURU, Aug 26 (Reuters) - Anil Ambani, one of India's best-known businessmen and chairman of Reliance Group, was banned from the securities market for five years and fined about $3 million by the country's markets regulator last week on charges of diversion of funds. Anil Ambani said he was reviewing the order and will take appropriate next steps as legally advised.
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Ericsson Says Sold Iconectiv To Koch Equity Development

BRIEF-Ericsson Says Sold Iconectiv To Koch Equity Development Aug 16 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : ERICSSON ANNOUNCES SALE OF ICONECTIV ERICSSON - EXPECTS TO RECORD ONE-OFF EBIT BENEFIT OF APPROX SEK 8.8 BILLION (USD 0.8 BILLION) ON CLOSING OF TRANSACTION ERICSSON - CASH BENEFIT FROM DEAL, AFTER SETTLEMENT IS EXPECTED TO BE
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Chunghwa Telecom Says Buys Broadband Equipment For T$4.4 Bln From Ericsson

BRIEF-Chunghwa Telecom Says Buys Broadband Equipment For T$4.4 Bln From Ericsson July 19 (Reuters) - Chunghwa Telecom 2412.TW : SAYS BUYS BROADBAND EQUIPMENT FOR T$4.4 BILLION ($134 MLN) FROM ERICSSON Source text for Eikon: ID:nMOP4XxVbg Further company coverage: 2412.TW Reporting by Faith Hung
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Barclays, Mips AB, Novo Nordisk

EUROPE RESEARCH ROUNDUP-Barclays, Mips AB, Novo Nordisk July 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Mips AB and Novo Nordisk on Friday. HIGHLIGHTS * Barclays BARC.L : Jefferies raises target price to 341p from 335p * Mips AB MIPS.ST : Jefferies raises to buy from hold * Novo Nordisk NOVOB.CO : HSBC raises target price to DKK 1150 from DKK 1030 * Spectris SXS.L : HSBC raises target price to 3750p from 3425p * S
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Nokia reports 32% drop in profit but sees recovery in 2nd half

UPDATE 3-Nokia reports 32% drop in profit but sees recovery in 2nd half Adds shares, quotes from CEO interview, analyst comment, context By Olivier Sorgho and Supantha Mukherjee July 18 (Reuters) - Nokia NOKIA.HE reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
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Nokia Q2 profit falls 32%

Nokia Q2 profit falls 32% July 18 (Reuters) - Finnish telecom equipment maker Nokia NOKIA.HE said on Thursday its comparable operating profit fell 32% in the second quarter, as sales of 5G telecom equipment stayed sluggish. Reporting by Olivier Sorgho; Editing by Clarence Fernandez
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Britvic, Burberry, Prudential

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target
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Anglo American Plc, Capricorn Energy, Ericsson

EUROPE RESEARCH ROUNDUP-Anglo American Plc, Capricorn Energy, Ericsson July 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American Plc, Capricorn Energy and Ericsson, on Monday. HIGHLIGHTS * Anglo American Plc AAL.L : Barclays raises target price to 2740p from 2600p * Capricorn Energy CNE.L : Peel Hunt raises to add from hold * Ericsson ERICb.ST : Jefferies raises target price to SEK 82 from SEK 70 * Glencore GLEN.L : Ba
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Ericsson And Oppo Sign Global Patent Cross License Agreement

BRIEF-Ericsson And Oppo Sign Global Patent Cross License Agreement July 15 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : ERICSSON AND OPPO SIGN GLOBAL PATENT CROSS LICENSE AGREEMENT ROYALTY PAYMENTS FROM OPPO TO ERICSSON FINANCIAL BENEFIT OF THIS AGREEMENT WAS ALREADY REFLECTED IN ERICSSON'S Q2 2024 FINANCIAL RESULTS Source text for Eikon:
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European shares hit over 1-month high on earnings, Fed rate-cut hopes

REFILE-UPDATE 2-European shares hit over 1-month high on earnings, Fed rate-cut hopes Fixes typo in paragraph 10 French final June inflation confirmed at +2.5% Ericsson jumps on Q2 profit and sales beat Norwegian Air shares soar after Q2 EBIT beat EMS Chemie slumps on H1 sales miss STOXX 600 up 0.9% By Shubham Batra and Shristi Achar A July 12 (Reuters) - European shares advanced on Friday and logged their second consecutive weekly gains on upbeat earnings and global investor optimism about a Se
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Don't bank on earnings to boost luxury names

LIVE MARKETS-Don't bank on earnings to boost luxury names STOXX 600 +0.3%, 1-mth high SMI at more than 2-year peak Energy stocks lead Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DON'T BANK ON EARNINGS TO BOOST LUXURY NAMES Europe's luxury sector .STXLUXP has struggled to find a constructive catalyst in recent months and analysts at JPMorgan think the up
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Stocks shift focus to earnings, FX markets on Japan intervention watch

GLOBAL MARKETS-Stocks shift focus to earnings, FX markets on Japan intervention watch Graphic: World FX rates http://tmsnrt.rs/2egbfVh Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn By Dhara Ranasinghe and Rae Wee LONDON, July 12 (Reuters) - Upbeat earnings and U.S. rate cut hopes helped boost the mood in equity markets on Friday, although skittishness prevailed in forex markets a day after Tokyo was believed to have stepped in to prop up a weak yen.
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Telefonaktiebolaget LM Ericsson reports results for the quarter ended in January - Earnings Summary

Telefonaktiebolaget LM Ericsson reports results for the quarter ended in January - Earnings Summary Telefonaktiebolaget LM Ericsson ERIC.OQ reported a quarterly adjusted loss of 27 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of three analysts for the quarter was for earnings of 5 cents per share.
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Switzerland and Sweden

LIVE MARKETS-Switzerland and Sweden Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SWITZERLAND AND SWEDEN Stock markets have seen a steady if unspectacular first hour or so of trading with the STOXX 600 .STOXX up around 0.2% to a one-month high and set for a weekly gain of 0.8%.
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Ericsson jumps on Q2 sales beat

BUZZ-Ericsson jumps on Q2 sales beat ** Shares in Ericsson ERICb.ST jump around 5% to October 2022 highs after the Swedish network equipment maker posted a lower-than-expected fall in Q2 sales, though it warned of difficult market conditions ** Ericsson posts sales in the quarter at 59.85 billion Swedish crowns ($5.69 billion) against 58.3 billion
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Rotation time

LIVE MARKETS-Rotation time Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ROTATION TIME Futures point to a sluggish open for large European names on Friday, but eyes will be on small caps after they outperformed larger peers the day before as some investors reshuffled their packs after cooler-than-expected U.S.
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Telefonaktiebolaget LM Ericsson reports results for the quarter ended in June - Earnings Summary

Telefonaktiebolaget LM Ericsson reports results for the quarter ended in June - Earnings Summary Telefonaktiebolaget LM Ericsson ERICb.ST reported a quarterly adjusted loss of SEK2.85​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 71 øre. The mean expectation of thirteen analysts for the quarter was for earnings of 58 øre per share.
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Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment

UPDATE 4-Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment Recasts paragraph 1, adds analyst comment, updates shares By Olivier Sorgho July 12 (Reuters) - Ericsson ERICb.ST beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to their highest since October 2022. The telecom equipment maker and its rival Nokia NOKIA.HE have shed thousands of jobs and cut costs as cust
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Ericsson Expects Market Conditions To Remain Challenging This Year

BRIEF-Ericsson Expects Market Conditions To Remain Challenging This Year July 12 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : Q2 FREE CASH FLOW BEFORE M&A WAS SEK 7.6 (-5.0) B. BENEFITING FROM A STRONG IMPROVEMENT IN WORKING CAPITAL. WE EXPECT MARKET CONDITIONS TO REMAIN CHALLENGING THIS YEAR PACE OF INDIA INVESTMENTS SLOW SALES WILL BENE
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Ericsson Q2 sales fall 7%, beating expectations

Ericsson Q2 sales fall 7%, beating expectations July 12 (Reuters) - Swedish telecom gear maker Ericsson ERICb.ST reported on Thursday a 7% drop in second-quarter sales, beating expectations as sluggish demand for 5G gear in most markets was slightly offset by 14% growth in North America. Revenue was 59.9 billion crowns ($5.69 billion) against a year-earlier 64.4 billion and an average forecast of 58.3 billion in an LSEG poll of analyst.
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