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TELECOM
Ericsson raises margin outlook
The No. 1 maker of equipment for mobile phone networks expects its Q1 gross margin to climb above the 41.6% it reported in Q4. That would put it at a height not reached since the boom days of the late '90s. It attributed the rise to progress on cost cuts. Shares rose 7.6% to 29.87.
MEDICAL
SEC halts Vaso Active trading
The SEC stopped trading on the OTC drug maker through April 15, citing assertions Vaso Active Pharmaceuticals made in press releases, its annual report, registration statement and public statements to investors regarding FDA approval of some products and regulatory consequences related to the future application of its primary product.
SuperGen stock plummets 33%