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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:12 EDTNOKNokia among those sued in China by TPK over patents, DJ reports
Taiwanese touch-panel maker TPK Holding filed suits in China against Nokia (NOK) and others seeking damages and production halts for allegedly infringing one of its patents related to a technology for making touchscreens thinner, reported Dow Jones. Reference Link
News For NOK From The Last 14 Days
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June 18, 2013
15:01 EDTNOKNokia rallies sharply, falls back after negative comments from MKM Partners
The stock hit a high today of $4.12 on very heavy volume, approaching over 3 times the daily average. The catalyst for this move higher was an item in the FT that suggested Huawei could be a suitor for the company. MKM Partners came out calling the move up a selling opportunity, suggesting that the EU would likely block any such attempt. Huawei has since come out to say it has no plans to acquire the company, according to Bloomberg. Whether the stock will remain higher on the presumption someone may step forward as a suitor remains to be seen. Support is at the low of the day at $3.67. Resistance is at $4. On a technical basis the shares have been putting in a bullish rounding bottom over the last several months. Purely on a technical basis the stock looks to have upside to $4.62.
14:55 EDTNOKHuawei says has 'no plans to acquire' Nokia, Bloomberg reports
Bloomberg cites e-mailed statement from Huawei.
14:07 EDTNOKNokia strength is a selling opportunity, says MKM Partners
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12:54 EDTNOKNokia June and July 4 calls active on Huawei may consider buying
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12:51 EDTNOKBlackBerry up 4% after FT reports Huawei considering Nokia buy
12:43 EDTNOKNokia up as much as 7% following FT report Huawei could buy company
12:41 EDTNOKHuawei may consider buying Nokia, FT says
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12:38 EDTNOKHuawei would consider takeover of Nokia, Financial Times reports
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10:49 EDTNOKSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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June 14, 2013
07:23 EDTNOKSiemens considers deal for Nokia Siemens, WSJ reports
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June 12, 2013
07:18 EDTNOKNokia volatility at 15-month lows on tight price movement
Nokia overall option implied volatility of 56 is below its 26-week average of 64 according to Track Data, suggesting decreasing price movement.
June 11, 2013
12:31 EDTNOKNokia hints at closer relationship with Microsoft, Engadget reports
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June 10, 2013
10:59 EDTNOKFormer Nokia exec appointed COO of Rovio
Rovio Entertainment announced that Teemu Suila has been appointed Chief Operating Officer. Suila has been a senior-level executive at several business units at Nokia and Nokia Siemens Networks since joining Nokia Group in 1995.
07:40 EDTNOKNielsen says social media dominates smartphones, tablets, LAT reports
A report recently released from Nielsen suggests that consumers use their smartphones and tablets for a number or reasons, however, time spent on social networking exceeds that of streaming videos or accessing sports, reported The Los Angeles Times. Reference Link

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