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Stock Market & Financial Investment News

News Breaks
January 20, 2013
20:40 EDTNOK, SINokia Siemens looks to raise EUR700M in bond offering, FT says
Nokia Siemens Networks (NOK,SI) is going to the public markets for finance for the first time, with plans to issue high-yield bonds aimed to raise as much as EUR700M this spring, that will help gauge broader investor interest in the telecoms equipment maker, says the Financial Times, citing people familiar with the matter. Reference Link
News For SI;NOK From The Last 14 Days
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July 31, 2015
11:22 EDTNOKGerman luxury auto group close to $3B deal for Nokia's HERE, Bloomberg says
A group of German luxury car makers including BMW (BAMXY), Mercedes-Benz parent Daimler (DDAIF), and Audi (AUDVF) are close to an agreement to purchase Nokia's (NOK) digital-maps business HERE for roughly $3B, Bloomberg reports, citing people familiar with the matter. An official announcement may come as soon as Monday, the report says. Reference Link
July 30, 2015
08:29 EDTNOKNokia Q2 results show Q1 weakness was temporary, says Bernstein
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05:46 EDTNOKNokia sees FY15 revenue increasing year over year
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05:41 EDTNOKNokia reports Q2 EPS EUR 0.09 vs. (EUR 0.01) last year
Reports Q2 revenue EUR 3.2B vs. EUR 2.9B last year.
July 29, 2015
12:40 EDTNOKNokia announces VR camera for professional content creators
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July 26, 2015
19:22 EDTNOKBaidu CEO 'still interested' in Nokia map unit, Re/code says
In a Re/code interview published Friday afternoon, Baidu (BIDU) CEO Robin Li remarked that the company is "still interested" in Nokia's (NOK) HERE mapping unit. When asked about potential partners, Li commented, "I cannot say too much about it because itís not a done deal." Note that earlier media reports have suggested Nokia is or was leaning towards selling HERE to a group of German luxury car makers including Daimler (DDAIF), BMW (BAMXY), and Volkswagen's (VLKAY) Audi (AUDVF). Reference Link
July 24, 2015
13:29 EDTNOKAlcatel CEO says Nokia deal may close sooner than expected, Re/code reports
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06:08 EDTNOKNokia receives European Commission approval for Alcatel-Lucent acquisition
Nokia (NOK) announced that it has received approval from the European Commission for its pending acquisition of Alcatel-Lucent (ALU). The proposed transaction was notified to the European Commission on June 19, 2015 and was cleared today without conditions following a Phase 1 review. Approval by the European Commission follows previously disclosed antitrust clearances in Brazil and Serbia and the expiration of the antitrust review period in the United States. In addition, the parties confirmed today they have received further antitrust clearances from Albania, Canada, Colombia and Russia. Both companies will continue to cooperate with the remaining authorities to close their reviews as quickly as possible. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50.00% of the share capital of Alcatel-Lucent on a fully diluted basis upon completion of the public exchange offer, receipt of other regulatory approvals and other customary conditions. The transaction is expected to close in the first half of 2016.
July 21, 2015
13:40 EDTNOKNokia to unveil virtual reality project next week, Re/code reports
Nokia plans to unveil its first major virtual reality project next week at a special event in Los Angeles, California, Re/code reports, citing sources familiar with the company's plans. Reference Link
06:42 EDTNOKNokia close to selling HERE to German auto makers, Bloomberg reports
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July 20, 2015
12:16 EDTNOKHERE offering free HD map data for automated vehicle tests
HERE, a Nokia (NOK) company, announced it is making high-definition mapping data of sections of public roads in four countries available to all automotive companies to support their highly automated vehicle initiatives. HERE is offering HD mapping data of specific stretches of open road in Silicon Valley and Michigan in the United States, as well as in France and Germany, to all carmakers and automotive suppliers for test purposes. HERE plans to offer data for Japan too later this year. HERE is currently working with more than 10 "leading automotive companies" on automated driving projects, the company said. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).

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