ibanks are just miserable places now. high stress, high regulatory scrutiny, public hates them, and they don't pay any bonuses to anyone but the top tier.
kid who jumped was a low level back office employee... prob got no bonus after working 80 hrs a week for the 8th straight year.
$20billion? woowee... you must be out in Colorado smoking the good stuff!
I'd settle for $3-5billion tomorrow and get that cash monster off the books, focus on the rest of the businesses. Then buy some small wearables outfit, maybe ALU's wireless group, and build an entrepreneurial mindset back into the company
yep looks like insiders leaked the hell out of that one...
terrible idea anyway. would instantly lop off 30% of NSN's value
This rumor has be eyeing the exit doors though. Don't like that strategic direction at all. Should be looking to monetize, not acquire.
Zuckerberg just vaporized 13 years of earnings for an app that generates zero earnings. wow... mind boggling... Sequoia capital hits another home run
Sino - Nordic conflicts of this magnitude can have destabilizing effects on global trade.... I encourage you to take this curling match a BIT more seriously. hungover regulators at Nokia's next hearing mourning a loss to Sweden ( a Nordic country btw...), only to realize they are permanently behind Belarus in the medal count FOR ANOTHER 4 YEARS?
the clock is ticking... google bailed on phones same reason as nokia... commoditized. there's only a relatively short window to build marketshare while margins are high in a new market these days.
I like what Garmin did.. they spared out their product line to about 30 different products aimed at specific leisure activities. unique solutions to add value to common tasks.
unfortunately not much time left... need to pounce now. if Garmin can replace 70% of their traditional mapping product revenues with new products anyone can. nokia needs to pounce now.
one of Garmin's big sellers is bike pedals that sense power... $1700 they sell these things for... 70% margin and they are selling fast.. great product, easy to use, addresses a niche market. better margins and higher ASP than an iphone. Done.
Garmin earnings demonstrate the value of this new market. Garmin gross margins on athletic gear 70% vs margins on auto only 15%.
Nokia needs to bring products to market yesterday and leverage Here assets.
Very different situations. If i had to buy a drugstore i like rad vs cvs or wal based on valuation. But thats a bet on tight mgmt execution in a very tough 1-2% margin business. Tons of debt, and very tied to economy.
Nok has undervalued assets and once devices gone they are cashflow positive with 100% upside to earnings from patents and telecom. Plus u will have net cash of 8-9billion. They can sell off Here for another 3billion ifbthey like.
Rad much higher % upside if all goes well. Nok much safer and higher value assets.
One is bet on mgmt execution and the other just waiting for transaction approval and cash plans.
Yellen the dove, China willing to bail out any garbage Ponzi scam that goes under, Japan QE, Euro rally....
worry bout tomorrow? no way...
maybe we can get back to $8 here in the midst of this silliness...
5% could be unit volume, could be revs, or profits
... more likely units after coupons.
Still this stock can run back to $7 on decent numbers there.
China ministry of finance has a 90 day window for their phase 2 investigation which began sometime around end of December. They can then approve, go to a phase 3 30 day review or give a condition to approve.