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Nokia Corporation latest news:
BRIEF-Nokia, EDF To Test Internet OF Things Technology For Industries
* NOKIA AND EDF JOIN FORCES TO TEST INTERNET OF THINGS
Nokia's stock rallies on heavy volume after analyst upgrade
The U.S.-listed shares of Nokia Corp. rallied 1.7% in active premarket trade Friday, on the back of an earnings-inspired 12% surge the previous session, after MKM Partners upgraded the Finland-based telecommunications giant, citing an upbeat 5G outlook. Volume was about 1.28 million shares, enough to make the stock the second-most actively traded ahead of the open, behind Apple Inc.'s stock's 1.31 million shares. MKM analyst Michael Genovese raised his rating to buy, after years of being at neutral, and boosted his stock price target to $7.50 from $5.50. "We have an improving view of the company's technology, product and customer positioning," Genovese said. "We are also encouraged by the latest 5G time lines and capex budgets offered by major early mover carriers." The stock has gained 7.4% over the past three months through Thursday, while the iShares U.S. Telecommunications ETF has tacked on 1.6% and the S&P 500 has rallied 9.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Nokia tops quarterly expectations, buoyed by patent payment
Nokia posted better-than-expected quarterly profits on Thursday, boosted by a one-off patent payment from China's Huawei, but said its network business was set for another year of decline, despite promising North American sales.
UPDATE 1-Nokia tops quarterly expectations, buoyed by patent payment
HELSINKI, Feb 1 (Reuters) - Nokia posted
better-than-expected quarterly profits on Thursday, boosted by a
one-off patent payment from China's Huawei, but said
its network business was set for another year of decline,
despite promising North American sales.
The mobile industry, dominated by Huawei, Nokia and Sweden's
Ericsson, is weathering the toughest part of a
decade-long cycle as demand for 4G gear falls, while spending on
new, mass-market 5G networks are unlikely before 2019 or 2020.
Nokia top quarterly expectations, buoyed by patent payment
HELSINKI, Feb 1 (Reuters) - Nokia reported
better-than-expected quarterly profits on Thursday as a one-off
patent payment from China's biggest smartphone maker offset weak
global sales of its mainstay network equipment.
Nokia introduces high-capacity 5G chipsets, to ship in volume in Q3
Nokia is introducing new silicon chipsets for running next-generation 5G wireless networks that promise to cut antenna size in half, triple data-handling capacity and cut the power consumption of mobile towers, the company said on Monday.
BRIEF-Nokia Wins Network Order From Nepal's Worldlink
* NOKIA OYJ - NOKIA AND WORLDLINK TO BUILD NEPAL'S LARGEST
FIBER-TO-THE-HOME NETWORK FOR DELIVERY OF SUPER-FAST CONSUMER
AND BUSINESS BROADBAND SERVICES
Source text for Eikon: [https://www.nokia.com/en_int/news/releases/2018/01/19/nokia-and-worldlink-to-build-nepals-largest-fiber-to-the-home-network-for-delivery-of-super-fast-consumer-and-business-broadband-services
Further company coverage:
BRIEF-Nokia Wins Five-Year Managed Services Agreement To Manage Optus' Network
Nokia Oyj: * NOKIA WINS FIVE-YEAR MANAGED SERVICES AGREEMENT TO MANAGE OPTUS' NETWORK. * NOKIA TO MANAGE OPERATION OF OPTUS NETWORK INFRASTRUCTURE. * AS PART OF THE CONTRACT, NOKIA AND OPTUS WILL DEVELOP A NETWORK OPERATIONS CENTRE Source text for Eikon: Further company coverage:
BRIEF-Nokia wins Telenor deal for Norway, Sweden optical backbone network
Nokia Oyj: * NOKIA TO REPLACE LEGACY OPTICAL CORE NETWORK CONNECTING 200 TELENOR NODES IN NORWAY AND SWEDEN. * ADVANCED NOKIA OPTICAL TECHNOLOGY PAVES WAY FOR SDN-READY DYNAMIC NETWORK CAPABILITIES. * MULTI-TERABIT CAPACITY WILL SUPPORT EVOLUTION TO 5G MOBILE, GROWING CONSUMER DEMAND FOR ONLINE VIDEO AND INTERNET USAGE, AND INCREASING USE OF CLOUD APPLICATIONS. * TELENOR HA...
UPDATE 2-European shares find fuel ahead of Catalan election outcome, holiday
* Nokia rises after patent deal
(Recasts, adds details and quote)
BRIEF-Nokia Signs Patent License Agreement With Huawei
Nokia Oyj: * REG-NOKIA AND HUAWEI SIGN PATENT LICENSE AGREEMENT. * NOKIA OYJ - SIGNED A MULTI-YEAR PATENT LICENSE AGREEMENT WITH HUAWEI. * NOKIA OYJ - DETAILS OF LICENSE AGREEMENT REMAIN CONFIDENTIAL Source text for Eikon: Further company coverage:
BlackBerry 'disappointed' about ICC court ruling in Nokia dispute
BlackBerry Ltd. said Friday the International Chamber of Commerce's court of arbitration ruled against it in its contract dispute with Nokia Corp. . The dispute related to whether certain payments that Nokia alleged were owed to Nokia under a patent license contract between the companies. BlackBerry said the ICC's arbitration panel awarded Nokia $137 million, which it will record as a one-time charge to earnings. "BlackBerry is disappointed that the Court of Arbitration did not agree with our arguments in the case but we accept their decision," the cybersecurity software and handheld device maker said in a statement. BlackBerry said it would continue to pursue patent infringement claims against Nokia in suits filed in both Germany and the U.S. The stock was up 0.6% in morning trade. It has rallied 18% over the past three months, while Nokia shares have tumbled 20% and the S&P 500 has gained 6.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Nokia in talks to buy Juniper Networks - CNBC
* NOKIA IS IN TALKS TO BUY JUNIPER NETWORKS - CNBC, CITING SOURCES. * NOKIA OFFER VALUES JUNIPER AT $16 BILLION- CNBC, CITING SOURCES Further company coverage:,
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