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   
BING NEWS:
  • T-Mobile, Nokia to Step Up Deployment of LTE-U Small Cells
    T-Mobile US, Inc. (TMUS) has joined with Nokia Corporation (NOK) to accelerate the deployment of small cell units that operate in the unlicensed radio bands. The companies are jointly developing a pre-standards LTE-U (LTE unlicensed) small-cell solution ...
    02/25/2015 - 10:40 am | View Link
  • Tax demands to Nokia may cross Rs 10,000 crore
    The Income Tax department may raise a total demand of over Rs 10,000 crore against Finnish mobile firm maker Nokia which is embroiled in an alleged tax evasion case ahead of its global takeover by software giant Microsoft. The department has calculated and ...
    12/6/2013 - 6:20 pm | View Link
  • Nokia stock surges on Microsoft $7.2 billion takeover deal
    HELSINKI, Finland – Microsoft Corp. is buying Nokia Corp.’s line-up of smartphones and a portfolio of patents and services in an attempt to strengthen its fight with Apple Inc. and Google Inc. to capture a slice of the lucrative mobile computing market ...
    09/3/2013 - 5:43 am | View Link
  • Nokia buys network operations from Siemens
    It seems to be part of the overall strategy," Mawston said. "The networks takeover is good in the short term because it brings some extra profits and counterbalances some of the challenges in the handset division."But, he cautioned that the long-term ...
    07/1/2013 - 2:52 am | View Link
  • Nokia rallies ahead of handset event
    Nokia Oyj, the mobile-phone maker that lost 95 percent of market value since 2007, is trading at the biggest premium to analyst price forecasts in almost a decade following a record rally. As the company, based in Espoo, Finland, prepares to unveil new ...
    09/5/2012 - 1:38 am | View Link
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