Tagged: NOK

Nokia Rallies after Earnings

Shares of Nokia Corp. (NYSE: NOK) are rallying more than 3% in morning trade after the company reported a first quarter loss of over $1.35 billion. Despite the loss share holders seem to be...

Nokia Plans Major Job Cuts

Nokia Siemens Networks (NYSE:SI)announced on Wednesday that the company is planning to cut around 17,000 jobs across the world by 2013 as a part of its cost cutting drive . Nokia Siemens Networks, A...

Nokia Launches Its First Windows Phone

Finnish based mobile manufacturer, Nokia Corporation (NYSE:NOK) announced the launch of five new phones on Wednesday, two of which are based on Microsoft’s (NASDAQ:MSFT) Windows Mobile Operating System. Nokia announced the Windows based smartphones...

Nokia Forecasts Profits for Next Quarter

Nokia Corporation (NYSE:NOK) on Thursday, announced its third quarter financial results which showed a lesser than anticipated loss and projected the handset business to be more profitable this quarter, with help from the debut...

Nokia to Cut 3,500 Jobs by 2012

Nokia Corp. (NYSE:NOK) on Thursday announced that it is extending its job cuts to 3,500 by the yearly 2012 to save company costs. The move is also the result of the company losing investor...

Stocks Extend Gains in Mid-Day Trading

Stocks are continuing to climb in mid-day trading, with all three major indexes currently in green. Stocks have been pushed higher by better than expected Japanese GDP data and rise in M&A activity. At...