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Stock Market & Financial Investment News

News Breaks
July 31, 2014
06:51 EDTNOK, PCRFYNokia to acquire parts of Panasonic wireless network business
Nokia Networks (NOK) announced that it has entered into a memorandum of understanding to acquire part of the wireless networks business of Panasonic System Networks (PCRFY). The agreement covers Panasonic's mobile phone wireless base station system business for mobile operators and related wireless equipment system business. The two parties plan to conclude the agreement by the end of September, with expected closure scheduled on January 1, 2015. Under the terms of the agreement, fixed assets and business contracts with Panasonic's customers are being transferred to Nokia Networks in Japan, including Panasonic employees involved in the business.
News For NOK;PCRFY From The Last 14 Days
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October 22, 2014
06:39 EDTNOKMicrosoft Lumia to replace Nokia brand, The Verge reports
Microsoft plans to make Microsoft Lumia the new brand name that takes the place of Nokia for the software maker, reports The Verge. Nokia still exists as a separate company without its phones business, focusing on mapping and network infrastructure. Reference Link
October 20, 2014
10:31 EDTPCRFYWi-LAN concludes second patent agreement with Panasonic
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October 14, 2014
06:42 EDTPCRFYPV modules with solar-grade wafers to account for 89% of capacity, DigiTimes says
Solarbuzz says solar photovoltaic modules using solar-grade wafers will account for 89% of solar capacity forecast to be installed in 2014, reports DigiTimes. Thin-filmed panel makers will supply nearly 8% of end-market demand in 2014, while premium cyrstalline silicon suppliers making up the remaining 3% share. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL), Panasonic (PCRFY) and Yingli Green Energy (YGE). Reference Link
06:29 EDTPCRFYTSMC and rivals racing to pack computer power in each chip, WSJ says
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October 10, 2014
10:15 EDTNOKNokia, China Mobile sign framework agreement valued at $970M
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October 9, 2014
07:13 EDTNOKNokia reinstated with a Buy at BofA/Merrill

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