what is the point of reporting something every can see on the screen before getting to this one???????????????????????????????????????????????????????????????????
Time to get your drink on!!
I think the AH pop had somethin' to do with one of the commentators on CNBC. He mentioned that NOK was a good buy at these prices.
Sentiment: Strong Buy
Not only $NOK India also in tax dispute w/Vodafone & say it owes $2.2 billion due to changes in tax laws applied retroactively.
Both of them should just exit the country and see how fast they ease up.
Reading your own post...NO!
""if" India's government allows it"
"its factory in India "may" not get transferred to Microsoft"
Regarding Nokia, Gelblum writes the company has stabilized itself with the pending sale of its handset operations to Microsoft (MSFT), and that it should benefit from the rise of spending by China Mobile (CHL) on the carrier’s 4G network:
We believe that post the Nokia Devices & Services (D&S) transaction expected to close in CQ1’14, the residual company’s fundamentals remain stable, profitable and cash-flow generative, allowing it to engage in a phase of capital returns via buybacks and the possible resumption of a dividend, similar to the transition Motorola Solutions underwent two years ago. Impending TDD-LTE builds at China Mobile and Sprint should help keep numbers strong through 2014 and we believe the general LTE market rotation to TDD from FDD benefits Nokia especially vs other vendors. While the NSN division has had a spotty track record of profitability prior to 2013, we believe the moves orchestrated by management over the last 2-3 years have introduced a more disciplined approach to running the business, both on the revenue and the expense side.
by CBR Staff Writer| 10 December 2013
Finnish firm wants to shift frozen assets to Microsoft, says Bloomberg.
Nokia will pay $487m (£296m) to India's tax authorities, allowing it to shift frozen assets based in the country to Microsoft, according to the latest reports.
The Finnish firm is keen to pay at least €270m as well as an already declared amount of €85m (£71.3) if India's government allows it to transfer the units to Microsoft, according to Bloomberg.
Nokia's assets in India were frozen in September over a tax dispute, the same month the phone manufacturer agreed to sell its mobile business to Microsoft for €5.44bn.
Nokia also reported that its factory in India may not get transferred to Microsoft when the deal completes in Q1 if the freeze continues later than December 12.
Last month, Nokia shareholders approved the sale of all of the Finnish firm's Devices & Services business to Microsoft, with 99% of them supporting the move at the company's Extraordinary General Meeting (EGM).
Google Glass uses a projector and a prism to project an image directly to the retina. Glass ships next year, I think. Vusik, which has military roots, is already shipping industrial versions. Nokia might be the one to bring it to the consumer market since they've always developed EPE around the wireless phone.
Sentiment: Strong Buy
agreed. the ah volume is all retail except for a 4:32 trade-64k and a 5:37 trade-159k share
it sure beats todays down draft. tomorrow will be india's decision day.
sleep well, this deal will get done.