Ericsson Mobile Network Weakness to Continue Through 2024

Ericsson expects the mobile-network market to continue falling at least through the end of this year, as customer spending remains cautious and investments in India slow further. 


 
Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition

A subsidiary of HSBC wants to liquidate debt-troubled Times China, in another instance of creditors seeking to recoup funds from developers amid China's protracted property slump. 


 
Alantra Partners Leads Growth Deal for Energy AI-Software Maker GridBeyond

GridBeyond's software uses artificial intelligence to help owners of renewable-power assets manage their systems. 


 
Evolution Equity Raises $1.1 Billion for Cybersecurity Bets

Evolution Equity Partners has wrapped up fundraising with $1.1 billion collected for a fund to back cybersecurity companies through growth investments. 


 
Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways

Analysts polled by FactSet expected the bank to report earnings of $0.76 per share on revenue of $25.5 billion. 


 
Morgan Stanley Is Set to Report First Quarterly Results Under New CEO

The earnings come days after a report that federal regulators are looking into the vetting of customers at a core business. 


 
Johnson & Johnson to Report Earnings as Talc Issues Loom

Pharmaceuticals firm Johnson & Johnson kicks off earnings season for the sector on Tuesday. Investors want executives to put to rest ongoing talc litigation. 


 
UnitedHealth's Quarter Was Messy. No One Knows What to Expect From Earnings.

The hack of a subsidiary and higher spending by seniors could make for a complicated report. 


 
Justice Department to File Antitrust Suit Against Live Nation

The agency has probed the concert giant's heft and negotiating power in ticketing and venues. 


 
Tax Day Outage at H&R Block Frustrates Last-Minute Filers

The company said it has fixed an issue that had affected desktop software users.


(END) Dow Jones Newswires

04-16-24 0315ET