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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 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 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.
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By Scott Moritz, Adam Ewing and Dina Bass, Bloomberg |
September 5, 2012
Nokia Oyj shares tumbled the most in almost three months after the introduction of two Lumia smartphones with Microsoft Corp.’s new Windows Phone software failed to impress investors.