|Bid||50.75 x 2900|
|Ask||53.49 x 2900|
|Day's Range||53.01 - 53.41|
|52 Week Range||43.25 - 53.44|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||12.25|
|Forward Dividend & Yield||2.17 (4.10%)|
|1y Target Est||59.23|
The latest trigger was China Mobile Ltd.’s huge order for fiber-optic cable, lifting shares of likely bidders in Hong Kong and onshore. The optimism spread wide across the telecom sector, boosting ZTE Corp. and Xiaomi Corp. which don’t even make cables. The thesis is that firms tied to next-generation wireless technology are about to get a windfall as China Mobile and other carriers spend big to upgrade their infrastructure.
Software pirates have hijacked technology designed by Apple Inc to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and other popular apps on iPhones, Reuters has found. Illicit software distributors such as TutuApp, Panda Helper, AppValley and TweakBox have found ways to use digital certificates to get access to a program Apple introduced to let corporations distribute business apps to their employees without going through Apple's tightly controlled App Store. Using so-called enterprise developer certificates, these pirate operations are providing modified versions of popular apps to consumers, enabling them to stream music without ads and to circumvent fees and rules in games, depriving Apple and legitimate app makers of revenue.
Nokia and Ericsson: A Look at Their Latest 5G Pursuits(Continued from Prior Part)Ericsson sees China as a leader in 5G buildout China is a top priority market for Ericsson (ERIC). But why China and why now? Speaking at a recent investor briefing,
Nokia and Ericsson: A Look at Their Latest 5G Pursuits(Continued from Prior Part)Finland invests $108 million in Nokia stockThe government of Finland has been quietly building its holding in Nokia (NOK). The Finnish government has invested $108
The Ariel Investments international stock specialist looks for high quality and low valuations. She thinks she’s found both in China Mobile, Michelin, Gilead Sciences, Roche Holding, and Telefonica Deutschland.
The Dow Jones industrial average gained for a fourth straight week and marked a bullish close above its 50-day line. Will these China stocks win big?
Ericsson (ERIC) didn’t do well in China in the previous cellular generations, mostly because it lacked the right product range for the Chinese market. Could it undermine Ericsson’s competition in China’s telecom equipment market?
Chinese tech stocks have tumbled this year. Their lower prices and a better outlook for 2019 could make this a good time to get into them, according to BlackRock.
If you want to know who really controls China Mobile Limited (HKG:941), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more Read More...
Nokia (NOK) has tweaked its corporate structure and reconfigured its executive team. In tweaking its corporate structure, the company has reorganized its customer-facing operations into two regional groups. One will focus on the Americas region, while the other will focus on Europe, the Middle East, Africa, and Asia.
Nokia (NOK) has recently signed 5G-related (fifth-generation) contracts worth ~$2.3 billion with China Mobile (CHL), China Unicom (CHU), and China Telecom. The contracts call for Nokia to supply equipment and provide services to help these operators improve their network speed, capacity, and reliability as they prepare for the rollout of 5G services. For China Mobile in particular, the latest contract marks an expansion of its relationship with Nokia.
China is so interested in 5G (fifth-generation) technology that the country reportedly explored combining two of its top operators to try to speed up 5G development and gain an advantage against the United States and Europe in the 5G race. In Europe, telecommunications equipment vendors and network operators have warned authorities there that the region risks falling behind China in the 5G race if the connected vehicle regulations being worked on end up favoring Wi-Fi technology over cellular connectivity in vehicles. In the United States, T-Mobile (TMUS) has also talked about the risk of the country losing the 5G race to China if its proposal to combine with its rival Sprint (S) is rejected by regulators.
North American stock markets have been having a tough go of it lately. The situation has been far worse for emerging markets. But when it comes to investing, chaos can also breed opportunity.
Nokia (NOK) recently unveiled a new cost-savings plan that could result in an ~$800.0 million reduction in its annual costs by 2020. To achieve this new cost-cutting goal, Nokia intends to shrink its workforce and reduce its research and development spending on certain products. In 2016, Nokia set out to save ~$1.4 billion in annual costs by the end of 2018.
How far off is China Mobile Limited (HKG:941) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is Read More...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...