Friday, October 26, 2007

Ericsson 3Q Net Profit Falls 36 Percent (AP via Yahoo! Finance)

Wireless equipment maker LM Ericsson AB posted a 36 percent drop in third-quarter earnings Thursday and said its head of finance was resigning, a week after the Swedish company stunned the market with a hefty profit warning.

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[Source: Yahoo! News Search Results for sony ericsson]