Ericsson Tops Sales Estimates on Carrier Spending
Jan. 31 (Bloomberg) -- Bloomberg's Caroline Hyde reports that Ericsson AB reported a bigger gain in fourth-quarter sales than analysts projected as mobile-phone operators spent more to give consumers better Internet connections. She speaks on Bloomberg Television's "Countdown."
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Canadian National Beats Estimates After Cutting Costs
02:35 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)