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Stock Market & Financial Investment News

News Breaks
November 28, 2012
13:04 EDTRIMM, NOKRIM likely facing royalty payments to Nokia after ruling, AllThingsD says
Research in Motion (RIMM) is facing the prospect of paying royalties to Nokia (NOK) for each BlackBerry device it sells that uses Nokia's patented Wi-Fi technology after a Swedish arbitrator ruled those patents were not part of a 2003 licensing agreement between the companies, according to an AllThingsD report. The report cites a Jeffries analyst who sees RIM's royalty payment between $2-$5 per device. Reference Link
News For RIMM;NOK From The Last 14 Days
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May 27, 2015
11:46 EDTNOKRaymond James doubts Ericsson will buy Juniper or Ciena
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07:55 EDTNOKEricsson willing to respond to rivals' merger with deal, Bloomberg reports
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06:54 EDTNOKNokia Networks to acquire Eden Rock
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May 22, 2015
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
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May 18, 2015
13:37 EDTNOKBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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