New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 31, 2014
06:51 EDTPCRFY, NOKNokia 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
Sign up for a free trial to see the rest of the stories you've been missing.
May 29, 2015
05:52 EDTNOKGlobal smartphone shipments to reach 1.37B in 2015, DigiTimes reports
Subscribe for More Information
05:52 EDTPCRFYPanasonic to add BLU production lines at Mexico, Brazil plants, DigiTimes says
Subscribe for More Information
May 28, 2015
08:28 EDTNOKOpel rules out deal with Fiat Chrysler, Reuters says
Opel CEO Karl-Thomas Neumann said he sees the need to improve volume, scale and utilization in the industry and in his company, but ruled out a deal with Fiat Chrysler (FCAU), whose own CEO has been vocal about the need for consolidation among automakers, Reuters reported. Neumann declined to comment on whether Opel would seek to join a consortium that is bidding for Nokia's (NOK) HERE mapping business and added that Opel has pared back the extent of cooperation projects with Peugeot (PUGOY) and focused on using parent company General Motors' (GM) platforms instead, the report added. Reference Link
May 27, 2015
11:46 EDTNOKRaymond James doubts Ericsson will buy Juniper or Ciena
Subscribe for More Information
07:55 EDTNOKEricsson willing to respond to rivals' merger with deal, Bloomberg reports
Subscribe for More Information
06:54 EDTNOKNokia Networks to acquire Eden Rock
Subscribe for More Information
May 22, 2015
16:42 EDTPCRFYFTC requests public comment on Panasonic application to sell FDK assets
Subscribe for More Information
08:57 EDTNOKNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
07:57 EDTNOKNokia seeing rising competitive pressures, says Oppenheimer
Oppenheimer is becoming more worried about aggressive pricing behavior by Nokia's competitors in the wireless infrastructure market. Consequently, the firm thinks the operating margin of the company's Networks unit could miss expectations. It recommends that investors stay long the stock but avoid adding new positions around the time of the company's earnings, which Oppenheimer believes could disappoint.
May 21, 2015
09:15 EDTNOKGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
Subscribe for More Information
May 20, 2015
16:23 EDTPCRFYKopin appoints Hideki Matsukawa as Chief Display Scientist
Subscribe for More Information
12:34 EDTPCRFYPanasonic upgraded to Buy from Neutral at Nomura
Subscribe for More Information
May 19, 2015
05:13 EDTPCRFYPanasonic to expand solar module HIT production capacity to 1 GW
Subscribe for More Information
May 18, 2015
13:37 EDTNOKBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
Subscribe for More Information
10:46 EDTPCRFYTASER slips after details revealed about competing police camera
Shares of electric weapon and police body camera maker TASER (TASR) are slipping in early trading after a competitor released details at the end of next week about its own new entrant into the police body camera space. WHAT'S NEW: At the end of last week, Panasonic (PCRFY) announced its next-generation Arbitrator body-worn camera and enhanced Unified Evidence Management System for law enforcement organizations. “As one of the first companies to offer a body-worn camera for law enforcement in 2012, we were able to gather feedback from our customers and go back to the design board to create something completely new that would meet their needs better than any other solution available,” said Greg Peratt of Panasonic. PRICE ACTION: In early trading, TASER shares are down 3% to $31.94, while Digital Ally (DGLY), which also markets body-worn cameras for police, is down nearly 5%.
10:43 EDTPCRFYPanasonic releases body cam, says Craig-Hallum
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use