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Wall Street Breakfast

Ericsson Paying $207M Fine

Fri, 03 Mar 2023

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Ericsson (ERIC) paying $207M fine to resolve breached DOJ deal. Apple (AAPL) supplier, Foxconn (FXCOF) said to build $700M iPhone plant in India in shift from China. S&P, Nasdaq, Dow futures edge up as yields retreat. Our links:Wall Street Breakfast: seekingalpha.com/wsbSeeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: https://seekingalpha.com/premium/getting-startedA comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks: https://seekingalpha.com/alpha-picks/subscribeAlpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Twitter: https://twitter.com/WallStBreakfastShow links:Sprouts Farmers Market: A Peter Lynch StoryWhy did Silvergate (SI) tank? Stock hits record low on potential going concern risk.Parkland nixes planned renewable diesel project, citing U.S. lawNorfolk Southern and other big railroads will join the FRA 'close call' programHPE buys Israeli cloud security firm Axis SecurityVegan fast-food chain Odd Burger files for Nasdaq uplisting, $12M offeringBetter Choice lays off 25% of its workforceCiti said to cut less than 1% of workforce, with investment-banking staff targetedESPN looking to help users find sports streams - even on its rivals, report says

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