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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 31, 2014
06:29 EDTPCRFYPanasonic backs FY15 revenue guidance of Y7.75T
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06:24 EDTPCRFYPanasonic reports Q2 revenue Y1.87B vs. Y1.88B last year
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October 29, 2014
06:07 EDTNOKNokia implied volatility of 29 at lower end of index mean range
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October 26, 2014
16:18 EDTPCRFYPanasonic transfers U.S. Sanyo television unit to Funai, Reuters says
Panasonic is transferring its Sanyo television unit in the U.S. to Funai Electric of Japan, says Reuters. Panasonic will receive annual royalty payments in return, added Reuters. Reference Link
October 24, 2014
07:50 EDTNOKNokia exec says social channels to be called Microsoft Lumia
Nokia's (NOK) senior vice president for phones at Microsoft (MSFT) Tuula Rytila said, "When we announced that the Nokia Devices & Services business would become part of Microsoft, we also shared that Lumia, our smartphone brand, would become part of the Microsoft (MSFT) family. Since then, we have naturally been making the change from Nokia to Microsoft in our websites, packaging and other consumer touch points. In the coming weeks and months, you’ll start seeing even more brand experience come to life across different channels as we transition from Nokia Lumia to Microsoft Lumia." The exec said that Microsoft will continue to sell its Nokia-branded entry-level category of phones. Reference Link
October 23, 2014
09:04 EDTNOKOn The Fly: Pre-market Movers
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06:47 EDTNOKMicrosoft aims to ditch Nokia title from Lumia devices, Reuters says
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06:05 EDTNOKApple defeats GPNE civil patent suit, Re/code reports
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05:19 EDTNOKNokia reports Q3 Non-IFRS EPS EUR 0.09 vs. EUR 0.06 last year
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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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