Tag: NOK

Nokia Corp Dives After Posting Surprise Net Loss

Nokia Corp Dives After Posting Surprise Net Loss

Nokia Corp (ADR) (NYSE:NOK) released its first quarter earnings report overnight on Monday night, posting net losses of €513 million ($583.5 million), against last year’s €177 million in profits. Excluding expenses related to the Alcatel-Lucent deal, net profits were €139 […]

Nokia Corporation (NOK) is Striking Back

Nokia Corporation (NOK) is Striking Back

By Itai Cohen Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is a Finnish communications and information technology multinational corporation that is headquartered in Espoo, Uusimaa. As of September 2013, Microsoft announced that it will acquire Nokia’s phone business and license it patents for 5.44 billion […]

Nokia Corporation (NOK) Q3 Earnings Preview

Nokia Corporation (NOK) Q3 Earnings Preview

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) is scheduled to release its financial results for the third quarter on Thursday, October 23 around 8:00 in the morning in Finland. Analysts at J.P Morgan Europe Equity Research expected Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) […]

Nokia: A ‘Preferred’ Stock In The Sector

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) will post its third-quarter results on Oct. 23. In a report dated Oct. 14, 2014, Societe Generale analysts Andy Perkins and Peter Knox said they expect “a continuation of a number of positive trends.” […]

Nokia Corporation Passes Peter Lynch Screener

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is followed by many financial analysts. Consensus analyst earnings estimates have been revised upwards by 4.6% compared to seven weeks ago, according to a report from Screener published on October 11, 2014. Sign up […]

Nokia Corporation (ADR) (NOK) Buys Panasonic Network Business

As an effort to boost business in Japan, Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) agreed to acquire Panasonic Corporation (ADR) (OTCMKTS:PCRFY) (TYO:6752)’s telecom network business. The Japanese market is key for Nokia. This new deal covers Panasonic’s wireless base station […]

Nokia Corporation (NOK) Facing Mature Wireless Trends

Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) reported better-than-expected June quarter results on July 24. The Finnish networking equipment maker reported revenue of €2.94 billion ($3.99 billion) with operating income of €346 million. The company reports operating margins of 11.8%, well above Raymond […]

Nokia Buys Network Installer SAC Wireless

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) said today that it plans to purchase SAC Wireless, a privately held installer of wireless network equipment. The terms of the deal were not disclosed. Nokia targets the U.S. In a press release today, […]