Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Communications Services Flat As Traders Hedge On Growth Prospects -- Communications Services Roundup

share with twitter share with LinkedIn share with facebook
06/02/2020 | 05:29pm EDT

Communications services companies were flat as traders hedged their bets on the impact of shifts in media consumption.

The Trump administration's increasingly aggressive effort to cripple China's Huawei Technologies has presented telecom-services giant Ericsson the opportunity to lead the rollout of 5G technology around the world, because its technology rivals most closely Huawei's fifth-generation network technology, sales of which the U.S. is attempting to block.

Warner Music Group plans to list its shares Wednesday in what would be the biggest overall IPO of the year, valuing the company between $11.7 billion and $13.3 billion.

Facebook Chief Executive Mark Zuckerberg, addressing employees in a highly charged town hall meeting Tuesday, defended his decision to preserve posts on the platform by President Donald Trump despite mounting outrage from insiders and civil-rights activists that one of his messages last week was tantamount to a call for violence and therefore a violation of the company's rules.

 Write to Rob Curran at rob.curran@dowjones.com 

Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. -2.52% 5.81 Delayed Quote.8.36%
ERICSSON AB 1.55% 87.8 Delayed Quote.6.01%
FACEBOOK 1.79% 249.89 Delayed Quote.19.40%
JUST GROUP PLC -0.82% 48.48 Delayed Quote.-37.90%
THE LEAD CO., INC. -1.45% 340 End-of-day quote.-12.82%
THE NEW HOME COMPANY INC. 5.44% 3.49 Delayed Quote.-28.97%
WILL GROUP, INC. 2.10% 631 End-of-day quote.-49.60%
WORLD CO., LTD. 3.59% 1471 End-of-day quote.-45.34%
share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
11:50aHuawei revenue growth slows to 13.1% in first half of 2020 as U.S. pressure continues
RE
11:49aNY Fed's Williams says timeline for ending Libor is unchanged by pandemic
RE
11:48aWall Street advances on positive start to earnings, vaccine hopes
RE
11:48aBank of England's Bailey says now is the time to plan for post-Libor era
RE
11:44aWall St advances on positive start to earnings, vaccine hopes
RE
11:42aDisney to shut Hong Kong Disneyland again as coronavirus cases rise
RE
11:41aLIBOR : entering the endgame - speech by Andrew Bailey
PU
11:37aCanada intends to extend wage subsidy measure until the end of the year - canada pm trudeau
RE
11:36aUK government choice to run budget watchdog says he knows "where the bodies are buried"
RE
11:35aIndian stocks to lag rivals as stimulus falls short
RE
Latest news "Economy & Forex"