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Stock Market & Financial Investment News

News Breaks
January 24, 2013
06:10 EDTNOKNokia sees Q1 Devices & Services non-IFRS operating margin down 2%
Nokia expects its Devices & Services non-IFRS operating margin in Q1 to be approximately negative 2%, plus or minus four percentage points. Nokia continues to target to reduce its Devices & Services non-IFRS operating expenses to an annualized run rate of approximately EUR 3.0B by the end of 2013. Nokia expects Location & Commerce non-IFRS operating margin in Q1 to be negative due to lower recognized revenue from internal sales, which carry higher gross margin, and to a lesser extent by a negative mix shift within external sales.
News For NOK 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 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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