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Stock Market & Financial Investment News

News Breaks
March 21, 2014
08:28 EDTNOKIndia sues Nokia for unpaid taxes, WSJ reports
The tax department in India's Tamil Nadu state has filed a lawsuit against Nokia for what it claims are unpaid taxes for phone sales, the Wall Street Journal reports. The new court filing is separate from Nokia's previous tax issues in India. Reference Link
News For NOK From The Last 14 Days
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March 2, 2015
07:22 EDTNOKNokia plans 5G trials with NTT DoCoMo, may expand launch of N1 tablet, WSJ says
Nokia (NOK) will continue its shift into telecom networking with a new focus on 5G, reports the Wall Street Journal's Digits blog, citing statements by CEO Rajeev Suri at the Mobile World Congress 2015. The company sees 5G network standardization starting in 2016, trials starting in 2018, and full launch in 2020, with Nokia currently planning trials with NTT DoCoMo (DCM). Suri also announced a predictive marketing solution that may enable network operators to better target ads. Regarding the company's goal to keep itself alive as a consumer brand, the CEO said "We’re now monitoring the experience of the people who bought [the N1 tablet in China] . Once that’s all good, we’ll start moving to other countries as well." Reference Link
March 1, 2015
18:05 EDTNOKNokia CEO says 'business as usual,' no change to outlook, Reuters says
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February 18, 2015
08:21 EDTNOKBofa European telecom equipment analysts hold analyst/industry conference call
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