BNL Finance (press release) (registration) (blog) - Dec 6, 2016
We have been telling just about anyone who will listen that Nokia Corp (ADR) (NYSE:NOK) is a good long-term investment. On Monday, NOK stock jumped 6.6% when the company confirmed its return to smartphones.
Alcatel Lucent SA (ADR) (NYSE:ALU) plans to update on its new growth strategy later this year. The company is entering the final leg of its turnaround plan and CEO, Michel Combes, said he remains focused on completing the process successfully.
The deal between Nokia and Alcatel-Lucent is almost drawing to a close. The European Commission has given its approval to the Finnish company to acquire the French global telecom equipment company for $16.6 billion.
Nordea's Martin Nilsson believes that the current stock valuation of communications and telecom equipment manufacturer Nokia Corp (ADR) (NYSE: NOK) does not reflect the possibility of the company performing in-line with expectations. The analyst ...