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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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January 22, 2015
05:45 EDTNOKNokia reinstated with a Buy at Goldman
January 20, 2015
13:36 EDTPCRFYPanasonic may move digital camera manufacturing from Japan, ChinaTechNews says
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January 16, 2015
07:53 EDTPCRFYChanos says he is 'potential purchaser' of Tesla shares
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January 14, 2015
06:14 EDTPCRFYMediaTek: Worldwide tablet shipments rise at slower pace, DigiTimes says
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