Nokia Rallies On Takeover Talk

Nokia

Nokia shares are trading higher Friday morning in a move that at least one report attributes to dubious rumors that the company could be a takeover target for Samsung. Honestly, the rumor seems ridiculous. Samsung has little reason to buy a struggling handset maker given its own success in dominating the market for Android-based smart ...

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Topics:  android   cell phone   electronics   gadgets   mobile   nokia   samsung electronics   smartphone   stocks   takeover   
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BING NEWS:
  • Nokia sees fall in Q1 profits, gives cautious outlook
    Helsinki: Hit by a lower demand in mobile networks, Nokia has reported a first-quarter net loss of 513 million euros ($584 million) since it acquired Alcatel-Lucent, down from a stand-alone profit of 177 million euros a year earlier and warned of a further ...
    05/9/2016 - 9:43 pm | View Link
  • Nokia CEO says French jobs pledge is business as usual
    HELSINKI (Reuters) - Finland's Nokia on Friday defended its commitment to protect jobs in France following its planned takeover of Alcatel-Lucent , and suggested future job cuts could focus on countries other than the two home bases. Nokia has pledged not ...
    04/16/2015 - 8:22 pm | View Link
  • Key NBN supplier Alcatel-Lucent in takeover talks with Nokia
    One of the national broadband network's biggest suppliers, Alcatel-Lucent, could soon be taken over by Finnish rival Nokia Oyj after both companies confirmed advanced merger discussions. French technology vendor Alcatel-Lucent has long been associated with ...
    04/13/2015 - 9:53 pm | View Link
  • Nokia mulls takeover of Juniper Networks
    A takeover of the U.S. company could be a financial challenge for Nokia, given that Juniper's current market value is nearly $14 billion dollars and Nokia will be obliged to offer a premium to Juniper shareholders. Nokia, which is selling its handset ...
    02/19/2014 - 6:44 pm | View Link
  • Nokia faces testing time
    This could mean that Nokia could be the target of a takeover in fact Microsoft has been named as a potential buyer. The company's sensible decision to buy Siemens stake in their joint venture Nokia Siemens Networks might also cost the outfit too much.
    07/14/2013 - 10:28 pm | View Link
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