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Stock Market & Financial Investment News

News Breaks
March 7, 2012
07:52 EDTSI, NOK, ERICEricsson, Nokia Siemens making more job cuts, Rethink Wireless says
Ericsson (ERIC) plans to cut about 10% of its 14,000 employee workforce in North America as carriers slow their spending and Nokia Siemens Network (NOK, SI) will eliminate about 3,500 jobs in Brazil following the end of an outsourcing contract, according to Rethink Wireless. Reference Link
News For ERIC;NOK;SI From The Last 14 Days
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November 24, 2014
08:56 EDTERICEricsson, IBM collaborate to research phased-array antenna designs for 5G
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November 18, 2014
10:55 EDTNOKNokia shares higher after announcing N1 Android tablet
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06:46 EDTNOKMicrosoft could spin off Nokia MixRadio, TechCrunch reports
According to sources, Microsoft (MSFT) is considering spinning off Nokia MixRadio, the music streaming service it acquired as part of its takeover of Nokia's (NOK) Devices and Services unit, TechCrunch reports. Microsoft is reportedly seeking investors for Nokia MIxRadio, and the potential spin-off is said to be making "good progress." Reference Link
06:28 EDTNOKNokia to launch Android tablet, FT reports
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November 17, 2014
10:02 EDTNOKOn The Fly: Analyst Downgrade Summary
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08:25 EDTNOKNokia potential to grow businesses increases confidence, says Canaccord
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05:46 EDTNOKNokia downgraded to Underperform from Market Perform at Raymond James
Raymond James downgraded Nokia to Underperform citing high expectations for Technology unit and Networks sales growth. The firm thinks shares at current levels are pricing in a doubling of Technology unit sales.
November 14, 2014
06:23 EDTNOKNokia to host Capital Markets Day
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November 13, 2014
08:08 EDTERICEricsson sees reducing costs by SEK 9B with restructuring cost SEK 3B-4B
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08:06 EDTERICEricsson targets growth faster than TAM 3%-5% CAGR over 2013-2017
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