borje ekholm the ceo of ericsson talking to us about the industry and his numbers. looking at sterling. the pound is trading at multi-month highs. what will we get on the inflation figures ter afthe break? we'll break the numbers and get instant analysis from richard kelly coming up. >>> welcome to "street signs." i'm steve sedgwick these are your headlines >>> poor reception for ericsson. shares in the telecoms giant head for the worst day in nine months after it slashes its 2017 outlook amid declining sales ceo borje ekholm tells cnbc he's unhappy with the results >> we had an unsatisfactory quarter. our sales were down 13% if we adjust for currencies. we see it is a tighter market for telecom and for the rand markets. >>> swiss pharma giant novartis beats expectations in the second quarter, amid improvements in its eye care unit alcon, as the ceo tells cnbc the collapse of republicans latest healthcare bill will not affect his business >> i'm not sure it provides certainty, it provide there's will continue to be debate what will help patients in the u.s. is if th