The much awaited merger of Nokia Corporation (ADR) (NYSE:NOK) and Alcatel Lucent SA (ADR) (NYSE:ALU) might face obstacles after the Finnish company reported its weak quarterly results, according to Reuters.
European telecommunications and networking manufacturers Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) and Alcatel-Lucent announced on Tuesday, April 14th that they were advanced negotiations regarding a possible merger.
It has been two years since Microsoft Corporation (NASDAQ:MSFT) purchased the company's smartphone division and exclusive rights to the Nokia brand. Now that 2016 is nearing, it appears Nokia may try its hand at the smartphone market again.
[Benzinga] Nokia Corporation (ADR) (NYSE:NOK) (TREND ANALYSIS) extended its gains Monday on news that it's exploring the sale of its HERE maps business to focus on growth at its wireless network unit and boosting its debt rating.
In a research note issued to investors, Michael Walkley at Canaccord Genuity Reiterated their Buy rating on Nokia Corporation (ADR) (NYSE:NOK). The analyst placed a $10.00 price target on the stock which indicates a 32.80% downside to the last closing ...
Nokia Corporation (ADR) (NYSE:NOK)'s maps business has not been the company's most successful venture since its purchase in 2008, but that is not stopping the company from carrying out immense lobbying with a view of offloading it for $3.2 billion.