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Wunderlich Lowers Microsoft 2015-2016 Estimates, But Keeps Valuation Premium
Monday, July 20, 2015 - 2:55pm | 339Read More...Microsoft Corporation (NASDAQ: MSFT) will announce its fiscal fourth-quarter financial results after the market closes on Tuesday. In a report published Monday, Wunderlich analysts Rob Breza and Ryan MacDonald provide a preview for some of the most relevant metrics. The experts think...
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New Microsoft Graphic Shows Just How Dumb The Nokia Purchase Was
Friday, July 10, 2015 - 11:39am | 455Read More...Microsoft Corporation (NASDAQ: MSFT) announced earlier this week a complete overhaul of its handset division, including a $7.6 billion impairment charge related to assets associated with its acquisition of Nokia Devices and Services (NDS) business. Ballmer: 'We Are Trying To Accelerate Our...
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Microsoft Is Trying To 'Undo' Steve Ballmer's Mistakes
Thursday, July 9, 2015 - 10:08am | 581Read More...Microsoft Corporation (NASDAQ: MSFT) is restructuring its phone business less than two years after acquiring the mobile division from Nokia Corporation (ADR) (NYSE: NOK). Rich Tullo, Director of Research at Albert Fried & Company, compared Microsoft's situation to Sony Corp (ADR) (NYSE...
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'Microsoft Overslept For The Marathon,' But Not Exiting Phone Race
Wednesday, July 8, 2015 - 1:25pm | 391Read More...Microsoft Corporation (NASDAQ: MSFT) announced on Wednesday that it would be laying off 7,600 employees, or 6 percent of its workforce, primarily from its phone business. The company also expects to take a $7.6 billion hit from its acquisition of Nokia's smartphone business. Nick Bilton, New...
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Microsoft Reveals Several Key Management Changes
Wednesday, June 17, 2015 - 11:24am | 551Read More...In an email sent out to employees on Wednesday, Microsoft Corporation (NASDAQ: MSFT) revealed a few changes in its Senior Leadership Team, aimed at refocusing its efforts on productivity and business processes, cloud platforms and personal computing. Some Leaving Ex-Nokia chief and current...
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How DreamWorks Animation Is Changing Augmented And Virtual Reality
Saturday, June 6, 2015 - 6:37pm | 682Read More...Dreamworks Animation Skg Inc (NASDAQ: DWA) and Nokia Corporation (ADR) (NYSE: NOK) teamed up a few years ago to solve a key problem. The two companies had one primary goal: how can they reinvent the app? "We were trying to solve similar problems," Jim Mainard, VP & Head of Digital Strategy...
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Would Uber Buy Nokia's Here Mapping Service For $3 Billion?
Friday, May 8, 2015 - 8:33am | 283Read More...Nokia Corporation (NYSE: NOK) has already indicated it is exploring a sale of its mapping business, Here, which has drawn interest from automakers including Audi, BMW and Mercedes-Benz. At the same time, The New York Times reported that Uber may also be entering a potential bidding war. The German-...
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Nokia, Alcatel Lucent's Quarterly Results Won't Affect Deal Terms, Says Alcatel CEO
Thursday, May 7, 2015 - 2:03pm | 471Read More...Alcatel Lucent SA (ADR) (NYSE: ALU) reported its first-quarter earnings earlier on Thursday. Although adjusted operating profit for the company doubled to €82 million, its quarterly EPS loss remained nearly same year-over-year at €0.03. Michel Combes, CEO of Alcatel Lucent, was on CNBC...
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Apple & Other Earnings Expected To Dominate The Week Of April 27
Sunday, April 26, 2015 - 9:45am | 862Read More...The first-quarter earnings season rolls on this week, and perhaps the most anticipated report of the week, if not the quarter, will come from Apple Inc. (NASDAQ: AAPL). Investors and Wall Street are looking for spectacular results. Analysts' forecasts also call for earnings growth from Time Warner...
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UPDATE: Nokia Is On Track To Beat, JP Morgan Says
Tuesday, March 24, 2015 - 9:46am | 222Read More...In a report published Tuesday, JP Morgan analyst Sandeep Deshpande stated that Nokia Corporation (NYSE: NOK) remains a top pick as currency translation will aid EBIT – a fact that may be ignored in consensus estimates. According to Deshpande, the dollar strength does not increase margins but...
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JP Morgan Comments On Ericsson And Apple's IPR Lawsuits
Wednesday, January 14, 2015 - 12:16pm | 230Read More...Ericsson (ADR) (NASDAQ: ERIC) and Apple Inc. (NASDAQ: AAPL) recently filed IPR-based lawsuits against each other. Sandeep Deshpande of JP Morgan on Wednesday commented in a note that the move is an attempt by Ericsson to monetize its IPR portfolio better. Apple is fighting back in court,...
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What Is Slush 2014 And Why Is Nokia Dominating The Event?
Tuesday, November 18, 2014 - 3:50pm | 552Read More...Slush started as a "focal point for Eurasian startups and technology talent to meet with top-tier international investors, executives and media," but the 2014 event is being dominated by a former stalwart: Nokia Corporation (NYSE: NOK). Hosted annually in Helsinki, Finland, Slush is a...
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U.S. Markets Recover From Early-Day Losses As Japan's Economy Contracts
Monday, November 17, 2014 - 4:46pm | 862Read More...U.S. markets opened in negative territory to start the week following news reports that Japan's economy unexpectedly contracted in the third quarter. U.S. stocks rebounded after the European Central Bank's President Mario Draghi stating that the central bank remains "unanimous in...
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Bank of America: Nokia Top European Pick
Thursday, October 9, 2014 - 1:30pm | 286Read More...Nokia (NYSE: NOK) is Bank of America's top European pick, according to U.K. based analyst Kai Korschelt. “Our analysis of Nokia's IP portfolio opportunity reveals mid-to high double digit percentage bull-case upside potential to 2016E street earnings per share,” Korschelt wrote. “We expect the...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 3:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
