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Ericsson reported disappointing 1Q earnings Tuesday.
European stocks traded higher on Tuesday as investors regained some optimism for tax cuts and fiscal stimulus from President Donald Trump.
Ericsson said Tuesday that it will take a much larger-than-expected restructuring hit as it seeks to steady its finances and realign its business model under new CEO Borje Ekholm.
European stocks traded firmly in the green early Tuesday as investors regained some optimism for tax cuts and fiscal stimulus from President Donald Trump.