|Bid||4.9700 x 39400|
|Ask||4.9800 x 800|
|Day's Range||4.9500 - 5.0000|
|52 Week Range||4.7100 - 6.6500|
|Beta (3Y Monthly)||-0.14|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.24 (4.13%)|
|1y Target Est||6.54|
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...
NEW YORK , May 23, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Nokia Corporation ...
Telecom Gear Vendor Update: Nokia and Ericsson(Continued from Prior Part)Orange signals interest in Nokia’s subsea cables businessNokia (NOK) appears to be struggling to secure a buyer for its subsea cables business. Since at least 2017, Nokia has
Qualcomm (QCOM) is expected to remain unaffected by the Huawei ban, while T-Mobile (TMUS) is leaving no stone unturned to win regulatory clearance for its merger with Sprint (S).
Telecom Gear Vendor Update: Nokia and EricssonNokia’s patent business brought $413 million in revenueNokia (NOK) has been sued in the United States for allegedly conspiring to inflate patent license rates, according to a report by Reuters. The
Press Release Nokia deployment will enable U Mobile to end RAN sharing agreement and extend its network footprint across Malaysia for the delivery of competitive mobile.
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
LOS ANGELES, CA / ACCESSWIRE / May 22, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nokia Corporation ("Nokia" ...
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Nokia Corporation ("Nokia" or the "Company") (NOK) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 19-cv-03982, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Nokia's securities between April 15, 2015 through March 21, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Nokia Corporation (NOK) from April 15, 2015 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nokia investors under the federal securities laws. The firm reminds investors of the June 18, 2019 lead plaintiff deadline in the case.
NEW YORK, May 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
When I worked at Sony (NYSE:SNE), a colleague who came over from Nokia (NYSE:NOK) shared a running joke at his former employer: Sony who? I declined to ask the obvious question, but it appears that karma never forgets or forgives. Just look at the chart for NOK stock to understand what I'm talking about.Source: Shutterstock After falling to dramatic lows in 2016, the telecom-equipment maker provided a compelling opportunity to extreme contrarians. Generally speaking, they made the right move. But now, the Nokia stock price has given up more than 13% since January's opening price. Moreover, analysts are questioning whether the company can truly complete its promised turnaround.Of course, that turnaround comes in the form of the global 5G-network rollout. Although Nokia's smartphone brand -- now "relegated" to a licensing business -- is pretty much irrelevant, management transitioned to network services. The idea here is that as a well-recognized international firm, Nokia has an advantage against competitors, thereby boosting NOK stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal Unfortunately, that narrative lost credibility simply because NOK failed to deliver substantive results. That may have changed, though, with recent news that Ooredoo Qatar inked a deal with the Finish telecom to built out its 5G network. Considering that the Nokia stock price is again rock-bottom levels, this may represent another profitable contrarian opportunity.I'm going to be blunt: I don't like NOK stock as a long-term play. But if you're angling for a quick buck (and you understand the risks), this is a reasonable trade. Technically, the embattled telecom firm's shares have historically bounced back from spike lows. Moreover, you have fundamental justification in the Ooredoo deal.But don't overexpose yourself to Nokia stock, and here's why: Turnaround Story for NOK Stock Faces Giant HurdlesEvery organization at one point comes to a critical pivot. It's in the struggle that we determine who will make it and who won't. But as NOK stock is concerned, the underlying company has multiple and perhaps insurmountable challenges.First, let's talk about their front-face smartphone brand. NOK is now in the licensing game, and smartphones represent a very small portion of their total revenue. Still, they make royalties off Nokia-branded products. And let's face it: management is in no position to turn down any amount of sales.The problem here is that along with the rest of Nokia's businesses, the device segment is declining. Looking at their latest smartphones, all I can think was "oh dear." They're bland and unimaginative. At a time when Apple (NASDAQ:AAPL) is incurring questions about their hardware, this is the time to strike. Unfortunately, it's a missed opportunity for Nokia stock.But the overriding challenge comes from the networks side. It's 89% of Nokia's sales, so it's do or die. The good news, as we saw with the Ooredoo deal, is that 5G is a technology of tomorrow. However, as our own Dana Blankenhorn explained, competition is fierce.NOK stock jumped on 5G's groundbreaking potential. But that same bullish narrative applies to other companies that don't share Nokia's problems.Also, the all-important numbers don't provide any confidence toward the turnaround story. In the first quarter of 2019, Nokia generated only $5.72 billion in top-line sales. That's a 5.6% drop year-over-year. Not only that, it's almost dead-even with Q1 2017's sales haul. Essentially, this means that NOK has gone nowhere since becoming a "new" company. * 5 Great Tech ETFs That Aren't the XLK Since there's nothing particularly distinctive about the company's approach to 5G, I'm not ready to risk jumping on Nokia stock. Dividend Is Nice, But Not Attractive EnoughThat said, NOK stock isn't without its strong points. The one standout for the telecom is its lofty dividend rate. At 4.5%, it will draw some eyeballs.I'm not against taking risky bets based partially on their dividend payout. After all, I own some shares of AT&T (NYSE:T). For me, though, the difference comes down to credibility. I believe in AT&T's longer-term vision, and it has the necessary large-scale support to meet it. With Nokia stock, I mostly see a commoditized organization with shaky fundamentals.But as I said earlier, NOK can make some moves from here. If it does, just take your profits and run. After years of turnaround efforts, it's still not getting the job done.As of this writing, Josh Enomoto is long Sony and AT&T shares. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Nokia Stock Is a Short-Term Trade And Thatas About It appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
NEW YORK, May 22, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Whitestone REIT, Fusion.
Espoo, Finland -The Annual General Meeting (AGM) of Nokia Corporation was held on May 21, 2019. The AGM approved all the proposals of the Board of Directors (Board) to the AGM. The AGM adopted the company's financial statements and discharged the members of the Board of Directors and the President and Chief Executive Officer from liability for the financial year 2018.
NEW YORK, NY / ACCESSWIRE / May 21, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
NEW YORK, NY / ACCESSWIRE / May 21, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Nokia Corporation ("Nokia" or the "Company") (NYSE: NOK) ...
Nokia Chief Executive Rajeev Suri said on Tuesday the company could benefit from a U.S. clampdown on Chinese rival Huawei as the race to roll out 5G services heats up. Analysts expect Nokia and its Swedish peer Ericsson to benefit from tensions between the United States and Huawei, the largest supplier of mobile network technology. Nokia last month reported a surprise quarterly loss after it failed to supply 5G telecoms equipment in time.
NEW YORK, NY / ACCESSWIRE / May 21, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...
Open-source project fosters contribution, collaboration and creation across test and measurement ecosystem
Press Release21 May 2019 Espoo, Finland - The Annual General Meeting (AGM) of Nokia Corporation is being held today, Tuesday 21 May 2019 in Helsinki, Finland. In addition to.
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nokia Corporation (“Nokia” or “the Company”) (NYSE: NOK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
NEW YORK, NY / ACCESSWIRE / May 20, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...