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By Adam Ewing, Bloomberg |
April 18, 2013
Nokia Oyj, the Finnish mobile-phone maker seeking a comeback, reported its smallest quarterly revenue in 13 years as handset demand waned, missing analysts’ estimates and sending its stock down as much as 13%.
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By Scott Moritz and Robert Fenner, Bloomberg |
March 13, 2013
Samsung Electronics Co. is making its biggest run yet at the iPhone’s U.S. loyalists, unveiling the new Galaxy S4 a few blocks from Apple Inc.’s flagship store in New York and broadcasting the event live in Times Square.
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By Bloomberg News |
February 7, 2013
On billboards across Beijing, in subway stations and on banners outside its stores, China Mobile Ltd. is inviting subscribers to “Change Phones for the New Year!” with Nokia Oyj’s Lumia 920T.
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By Adam Ewing and Kasper Viita, Bloomberg |
January 24, 2013
Nokia Oyj will skip a dividend for the first time in at least 143 years as the struggling Finnish mobile-phone maker retains cash for its comeback attempt.
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By Adam Ewing, Bloomberg |
January 10, 2013
Nokia Oyj, the Finnish mobile-phone maker seeking to reverse falling sales, reported fourth-quarter profitability for its handset business exceeding its forecast, helped by recovering demand and cost cuts. The stock jumped.
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By Beth Jinks, Bloomberg |
December 19, 2012
A group including Apple Inc., Google Inc. and Research In Motion Ltd. agreed to buy patents from bankrupt Eastman Kodak Co. for about $525 million, gaining digital-imaging technology to capture and share pictures.
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By Rita Nazareth, Bloomberg |
December 14, 2012
U.S. stocks fell, extending yesterday’s drop, as a slump in Apple Inc. and the federal budget stalemate offset an increase in industrial production and data showing China’s manufacturing may expand at a faster pace.
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By Sarah Frier and Adam Satariano, Bloomberg |
December 6, 2012
Apple Inc. shares extended their decline after China Mobile Ltd. Chief Executive Officer Li Yue said he wouldn’t add the iPhone to the world’s largest wireless network without a deal that is favorable for his company.
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By Lu Wang and Susanne Walker, Bloomberg |
December 5, 2012
U.S. stocks rose amid optimism lawmakers will reach a budget agreement before the end of the year to avoid automatic spending cuts and tax increases.
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By Adam Ewing, Bloomberg |
September 27, 2012
As Nokia Oyj depletes its cash pile amid a prolonged turnaround effort, investors are bracing for something that hasn’t happened in decades: no dividends.
