Uncertainty over the wider economic outlook could affect the semiconductor industry, the chief financial officer of STMicroelectronics told CNBC. » Read More
By Olof Swahnberg STOCKHOLM, Oct 9- ST-Ericsson's owners Ericsson. A sale or break-up of the firm was not mentioned in the release, but Ericsson's head of media relations said all options were being looked at.
STOCKHOLM, Oct 9- Telecoms gear maker Ericsson. Parents Ericsson and STMicroelectronics said earlier in the day they were working with an external advisor to determine the best course for ST-Ericsson. "We are looking at all possible solutions," Ola Rembe, head of media relations for Ericsson, said.
STOCKHOLM, Oct 9- ST-Ericsson's owners Ericsson. The comments follow media reports that STM and Ericsson had engaged U.S. investment bank JP Morgan to review all strategic options, including the search for a new partner or the sale of some assets. Ericsson and STMicroelectronics said they supported ST-Ericsson in its ongoing cost cutting programme.
If you want exposure to the ongoing migration from brick-and-mortar retailers and toward online retailing, it may be wiser to seek out more attractively valued names other than Amazon.com.
Cramer makes the call on viewers' favorite stocks.