|Bid||5.25 x 45100|
|Ask||5.26 x 46000|
|Day's Range||5.20 - 5.35|
|52 Week Range||5.07 - 6.65|
|Beta (3Y Monthly)||-0.06|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.24 (3.88%)|
|1y Target Est||7.07|
The Finnish builder of communications equipment fell short of Wall Street's expectations in the first quarter, but management still expects a solid year overall.
Telecoms gear maker Nokia reported Thursday a surprise first-quarter loss amid tougher competition for the new, superfast wireless 5G networks that are expected to increase in business this year. CEO Rajeev Suri said revenues from the faster but more expensive 5G networks were expected to "grow sharply" in the second half of the year. Companies are under pressure to offer low prices to secure 5G network deals.
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)Ericsson’s patent business is under scrutiny in ChinaChina is investigating Ericsson (ERIC) over a matter related to the company’s patent-licensing business.
BOSTON, April 25, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Nokia Corporation.
Sharon White, the chief executive of U.K. regulator Ofcom, made the remarks amid tensions with the U.S. over whether Britain will permit equipment from Chinese vendor Huawei to be used in the backbone for next-generation 5G telecom services. The government is currently conducting a review of the telecom industry supply chain to consider issues around security, but also around network resilience. Britain is set to toughen the rules under which Huawei operates in the country while stopping short of an outright ban on the Chinese telecom equipment maker, according to people familiar with the matter.
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)Why Goldman Sachs downgraded Nokia Analysts at Goldman Sachs recently downgraded their rating on Nokia (NOK) stock to a “sell” from a “neutral,” according to a
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)Nokia downplays the risk to its business In its annual regulatory filing last month, Nokia (NOK) disclosed that it was undertaking an internal investigation into
The U.S. has intensified criticism of Huawei over the past year, saying its network equipment is vulnerable to exploitation by Chinese state-sponsored actors. Concerns about how Nokia will cope with a price war add to existing worries about its profitability. The Finnish company insists that defending its margins is the right move, but it's getting harder to back that thesis as its profitability declines while Ericsson’s increases.
Finland's Nokia plunged to a surprise quarterly loss after it failed to supply 5G telecoms equipment in time, and said the security dispute surrounding rival Huawei was creating pressure to invest as customers reassess their suppliers. Nokia said it would be under significant pressure to deliver in the second half after a slow start to the year in supplying next-generation mobile gear. Nokia counts Sweden's Ericsson and China's Huawei as its main rivals, and some analysts say the Finnish company may benefit from challenges faced by Huawei after Washington alleged its equipment could be used by Beijing for spying - charges Huawei denies.
The results make it harder for Nokia to meet its 2019 profit targets and the Finnish vendor said it was now under “significant pressure on execution in the second half.” Its shares fell as much as 11 percent, their steepest intraday drop since October 2017. While both companies need to clinch customers for their fifth-generation network gear at low prices in the hope they can sell more to them later, Ericsson still published stronger than expected results last week. Nokia and Ericsson are also trying to capitalize on the woes of their Chinese rival Huawei Technologies Co., which faces headwinds in several countries over concern that its equipment may be used for state espionage.
Nokia Corporation Interim Report April 25, 2019 at 08:00 (CET +1) Nokia Corporation Interim Report for Q1 2019 Particularly weak Q1, consistent with our outlook; Full.
The Latest on 5G Equipment Vendors Nokia and EricssonNokia accused of unfair patent licensing practices Several European auto companies want Nokia’s (NOK) patent business subjected to an antitrust probe. Daimler, the German automotive giant behind
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Nokia Corporation (“Nokia” or the “Company”) (NOK) of the June 18, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Nokia stock or options between October 25, 2018 and March 21, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/NOK. There is no cost or obligation to you.
NEW YORK, NY / ACCESSWIRE / April 24, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
NEW YORK, NY / ACCESSWIRE / April 23, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
Nokia is making 5G deployments faster and more cost-efficient with its patent-pending 5G virtual testing environment. In its over-the-air validation area in Oulu, Finland, Nokia works with operators to simulate massive MIMO antenna beamforming performance by combining physical testing with a leading edge virtual environment.
Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Nokia Corporation (NOK) securities between October 25, 2018 and March 21, 2019 (the “Class Period”). Investors have until June 18, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the Nokia lawsuit, please go to https://bespc.com/nok/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Nokia Corporation (“Nokia” or the “Company”) (NYSE: NOK) securities between October 25, 2018 and March 21, 2019, inclusive (the “Class Period”). Nokia investors have until June 18, 2019 to file a lead plaintiff motion.
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Jacobs drops Qualcomm takeover bid At least two developments this month have served to eliminate uncertainties over the fate of Qualcomm (QCOM). First is the
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Nokia Corporation (“Nokia” or the “Company”) (NOK) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Nokia securities between October 25, 2018 and March 21, 2019, both dates inclusive. Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/nok.
Nokia (NOK) is likely to report lower y-o-y revenues in Q1 due to risks arising from delay in project timings and deliveries despite ramp up of 5G deliveries, particularly in North America.