Latest Business News: JP Morgan Leads Nokia's 1.2 Billion Euro Acquisition Loan

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Latest Business News: JP Morgan Leads Nokia's 1.2 Billion Euro Acquisition Loan

Latest Business News: JP Morgan Leads Nokia's 1.2 Billion Euro Acquisition Loan
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Latest Business News: JP Morgan Leads Nokia's 1.2 Billion Euro Acquisition Loan

by Wochit 1:02 mins

JP Morgan is leading the $1.56 billion loan backing Finnish mobile handset maker Nokia's 1.7 billion euro acquisition of Siemens' 50 percent stake in joint-venture Nokia Siemens Networks Auto sales reports for June are expected to show the strongest monthly-sales since late 2007, a little more than a year before GM and Chrysler filed for bankruptcy-protection under a government-orchestrated plan. By Ryan Vlastelica NEW YORK (Reuters) - Stock index futures rose modestly on Tuesday, indicating positive market momentum would continue as investors remain more comfortable with the economic outlook. Equities surged in the first half of the year, hitting a series of record highs before pulling back dramatically in June on concerns over when the U.S. Federal Reserve would begin reining in its stimulus program. The policy is widely credited with fueling 2013's gains. ...

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