Business Update: Slump hits Ericsson

Credit Suisse posts forecast-beating Q3 net profit. Telecom giant Ericsson reports 71 percent fall in Q3 profits. Arcadia retail group announced 13 percent pre-tax annual profit. Expected rise in high street sales in UK fails to materialise.

Reuters | October 22, 2009

Tags:. .ericsson. .slump. .arcadia. .telecom. .forecast