Under new CEO, Ericsson cuts dividend after quarterly loss | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/26/under-new-ceo-ericsson-cuts-dividend-after-quarterly-loss/

STOCKHOLM (Reuters) – Mobile telecom equipment maker Ericsson cut its annual dividend by 73 percent, with its new CEO saying the Swedish company would prioritize profitability after it suffered an operating loss in the last three months of 2016. http://internationalnewslive.com/under-new-ceo-ericsson-cuts-dividend-after-quarterly-loss/