Swedish mobile network equipment maker Ericsson (NASDAQ:ERIC) reported Tuesday lower profit in its fourth quarter, despite a slight increase in net sales. For the quarter, net income plunged 35 percent to 4.2 billion Swedish kronor from last year’s 6.4 billion kronor. Earnings per share dropped 35 percent year-over-year to 1.29 kronor. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 6.00% and weekly … Continue reading Market Watch: Ericsson (NASDAQ:ERIC), Gerdau S.A. (NYSE:GGB), Extreme Networks Inc. (NASDAQ:EXTR), Star Gas Partners, L.P. (NYSE:SGU), Gold Resource Corp (NYSEMKT:GORO)