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Can Nokia Corporation (ADR)(NYSE:NOK) Weak Performance Pose A Threat To Alcatel Lucent SA (ADR)(NYSE:ALU) Deal?

Nokia Corporation (ADR)(NYSE:NOK) CEO Rajeev Suri confirmed that the “weak” earnings in the first quarter doesn’t pose any threat to planned acquisition of Alcatel-Lucent SA, a deal valued at $17.5 billion. The shares of Nokia which are supposed to be used as a currency to pay for Alcatel have declined 14% in Helsinki trading since […]

Former Nokia Corporation (ADR)(NYSE:NOK) Executive Joins PayPal Leadership Team

After a successful decade-long professional relation with eBay, PayPal is ready to take a separate road. For this, it has started hiring industry leaders who can help it grow further. As per the reports, one of the two new recruits is from Nokia Corporation (ADR)(NYSE:NOK). The other person comes from Singtel. What’s In Store: PayPal […]

Nokia Corporation (ADR)(NYSE:NOK) Shareholders Clear Phone Unit’s Sale to Microsoft

Boston, MA, 11/20/2013 (wallstreetpr) – Nokia Corporation (ADR)(NYSE:NOK)’s investors have approved the mobile-phone unit sale to Microsoft Corp. (MSFT). Reportedly, the deal valued to be 5.44 billion-euro or $7.4 billion will help the Finnish company to shift its focus from the unprofitable division to networks. On Tuesday, the Shareholders meeting which took place in Helsinki, […]