Seeking Alpha

iShares U.S. Telecommunications ETF (IYZ)

  • Jan. 25, 2012, 3:33 AM
    Ericsson (ERIC) -12.9% in Sweden after its poor Q4 results, leaning on fellow telecom equipment maker Alcatel-Lucent (ALU), -4.5% in France.
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  • Jun. 23, 2011, 3:18 PM
    ST Ericsson warns it will take longer than expected to turn a profit due to falling demand for its legacy products. In an attept to turn things around, it plans to carry out a review of it's global workforce, aiming to save around $120M by 2012. ERIC -2.5%, STM -3.9%.
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IYZ Description
The iShares Dow Jones U.S. Telecommunications Sector Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index.
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Sector: Technology
Country: United States
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