Sat, Jul 12, 2014, 6:08 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Nokia Corporation Message Board

  • pcparadigm pcparadigm Jan 24, 2013 6:28 AM Flag

    Reuters Spinning Negatively - Nokia axes dividend to save cash

    (Reuters) - Finnish mobile phone maker Nokia said it was to axe its annual dividend payment for the first time in over 20 years, aiming to shore up its finances amid a fall in sales.

    Nokia, which earlier this month flagged a return to underlying profitability on cost cuts and stronger Lumia smartphone sales, said on Thursday it finished the year with net cash of 4.4 billion euros ($5.8 billion), down 22 percent from a year earlier.

    Its quarterly operating profit was 6 euro cents per share, in line with expectations.

    ($1 = 0.7530 euro)

    (Reporting by Helsinki Newsroom; Editing by Dan Lalor)

    Sentiment: Buy

 
NOK
7.47-0.07(-0.93%)Jul 11 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Potbelly Corporation
NasdaqGSFri, Jul 11, 2014 4:00 PM EDT
MGIC Investment Corp.
NYSEFri, Jul 11, 2014 4:01 PM EDT