Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- Roundtable Top Picks of the Week
- FED Front & Center Again
- RTI: Sector Strength Charts - Where's the Opportunity Now?
- Surging Financial ETFs Beating the Market
- Utility Industry Stock Outlook - June 2013
- 3 Japanese Stocks to Buy Now
- Your Next Stock Should Be Making New Highs
- Anatomy of Success: Stoneridge (SRI)
- RTI: What Will the Fed Do Wednesday?
- AWS 6/18: Can the Fed Afford to Keep the Suspense?
- PFP 6/18: Wednesday Fed Watch
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 06/18/2013
| Company Name | Symbol | %Change |
|---|---|---|
| STAAR SURGIC | STAA | 10.98% |
| LUMOS NETWOR | LMOS | 5.70% |
| INSTEEL IND | IIIN | 5.28% |
| ERICKSON AIR | EAC | 5.10% |
| ASSURED GUAR | AGO | 4.98% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
LM Ericsson Telephone Company (ERIC - Analyst Report) completed the acquisition of French company Technicolor’s Broadcast Services Division for €19 million. Ericsson intends to expand its broadcasting area by increasing its current broadcast operations in terms of channels managed and households reached.
The acquired Broadcast Services business will bring with it about 900 highly experienced professionals along with playout operations located in France, the U.K. and the Netherlands. Ericsson is already the leading provider of managed services for telecom operators and has invested in processes and tools in this segment.
Currently, the TV industry is undergoing fundamental changes with the transition to multi-platform, on-demand television. Therefore, teaming up with a trusted partner enables broadcasters to meet up with the increasing commercial and technological complexity and competition in the TV broadcasting market.
Ericsson applies the managed services business model to improve efficiency, introduce innovation and increase revenues for broadcasters. Its managed services comprise solutions for network design and planning, network operations (the day to day operations of customer networks), field operations and site maintenance, network sharing solutions, as well as shared solutions like hosting of platforms and applications.
The acquisition of Technicolor’s Broadcast Services Division is a strategic move by Ericsson to become a leading provider in managed services for broadcasters.
In the recently reported quarter, Managed services revenue increased 16% year over year to SEK 5.7 billion ($0.8 billion) but declined 6% sequentially, the year-over-year increase was primarily driven by 23 new contracts accrued by the company during the fourth quarter of fiscal 2012.
Ericsson currently holds a Zacks Rank #3 which implies a short-term Hold rating on the stock.
Get the full Analyst Report on ERIC - FREE