The Finnish company, struggling to restart its mobile phone business with Microsoft, also said it would post a wider loss in the second quarter.
Search for Nokia To Cut 10,000 Jobs And Close 3 Facilities on Bing
By KEVIN J. O`BRIEN, NY Times: Business
Thu, 06/14/2012 - 4:36am
BING NEWS:
- Jobs Data Revives Wall Street’s Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
05/3/2024 - 9:20 am | View Link - Stocks close higher after softer-than-expected jobs report fuels hopes of an earlier rate cut
After surging by more than 500 points after the opening bell, the blue-chip Dow was higher in mid-afternoon trading by 481 points, or 1.3%; the S&P 500 was up 1.3% and the tech-heavy Nasdaq gained 2%.
05/3/2024 - 9:02 am | View Link - Wall St ends sharply higher, US jobs data strengthens case for rate cuts
Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic ...
05/3/2024 - 9:00 am | View Link - Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
giving the Fed some leeway to cut rates later this year,” said Jeffrey Roach, chief economist for LPL Financial. “Slower payroll growth and fewer hours worked imply the economy is slowing at a ...
05/3/2024 - 5:37 am | View Link - UK to be slowest-growing G7 economy next year, warns OECD – business live
Rolling coverage of the latest economic and financial news ...
05/1/2024 - 8:39 pm | View Link - More
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