Shares in L.M. Ericsson Telephone Co. fell sharply Thursday after the world's largest network equipment maker posted weaker-than-expected third-quarter net profit on restructuring charges and as demand slowed in emerging markets.
At 0915 GMT, the Stockholm-based company's shares were down 8% at SEK68.10, underperforming a 1.9% fall in the broader market.
Ericsson