|Bid||5.84 x 43500|
|Ask||5.85 x 800|
|Day's Range||5.83 - 5.95|
|52 Week Range||5.07 - 6.65|
|Beta (3Y Monthly)||-0.09|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.24 (3.78%)|
|1y Target Est||7.18|
Austria's flagship telecoms group A1 said on Monday it had selected Nokia as its partner for building next-generation 5G mobile networks in the country, continuing a long-standing cooperation with the Finnish equipment supplier. A1 Group, which is controlled by Mexico's America Movil and the Austrian state, said Nokia would provide it with 5G wireless technology and cloud-based core network technology. 5G will deliver super-fast connectivity and facilitate new applications from self-driving cars to medical robots.
Espoo, Finland / Vienna, Austria - A1 and Nokia today announced they have signed a contract to expand next-generation 5G mobile communications in Austria. The contract reinforces the long-standing partnership between A1 and Nokia which has included the successful expansion of 3G and 4G / LTE mobile networks and the roll-out of Austria's largest fiber-optic network. The contract includes both Nokia's 5G radio access and cloud-native 5G core technology.
Pow! A little fear went a long way on Friday, exacerbated by Thursday's surprisingly big advance. When all was said and done, the S&P 500 lost 1.9% on the last trading day of last week. Yet, it's still above all the key moving average lines. Assume nothing.Nokia (NYSE:NOK) did the most damage, losing more than 6% following reports that it was investigating the terms and conditions of a business acquisition made in 2016. Though not likely, any discovery of issues could lead to penalties. DexCom (NASDAQ:DXCM) logged a much bigger loss though, off more than 9% after analysts with Spruce Point suggests DXCM shares could be cut in half as competition within the glucose monitoring system market heats up.Verizon Communications (NYSE:VZ) tried to resist the tide, advancing 2.5% as investors get fired up over its brewing rollout of 5G connectivity.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere weren't enough names like Verizon to keep the broad market even close to a breakeven on Friday, however.As the new trading week kicks off, it's the stock charts of Twitter (NYSE:TWTR), UnitedHealth Group (NYSE:UNH) and Philip Morris International (NYSE:PM) that are worth some technical scrutiny. Here's why, and what to look for. Philip Morris International (PM)It has been a good run. Philip Morris International shares are up more than 28% from their December low. But the weight of the big gain is starting to bear down on the stock, and it's doing so at the point that's most opportune for the bears. * 7 Beaten-Up Stocks to Buy as They Reverse Course A pullback wouldn't necessarily have to be a permanent condition though, and it's pretty clear where the bulls would regroup if PM shares suffer the setback being flagged here. Click to Enlarge • The make-or-break ceiling is around $92.80, where the stock peaked last week but also peaked in October.• Zooming out to the weekly chart, we can see shares are stochastically overbought and ripe for profit-taking.• While a setback may be in the works, the convergence of the purple 50-day, the gray 100-day and the white 200-day moving average line could readily combine to act as a floor. Twitter (TWTR)For the past several months, the bears have been trying to upend Twitter but have been unable to do it. That has given the stock time to regroup, and even move into a position to stage a full recovery. That's not happened yet, but one or two more good days could do the trick. And, that effort is taking shape with a very encouraging backdrop. Click to Enlarge • The foundation for the renewed bullish effort is the support supplied at $26.30, where shares made a double bottom in the latter part of last year.• But the big buy trigger here is a move above the white 200-day moving average line and above the falling resistance lines that has tagged all the major peals since December. It's plotted in yellow on both stock charts.• Fanning the bullish flames -- at least partially - is the big bearish gap left behind in July. The upper edge of the gap range is just above the $42 mark. UnitedHealth Group (UNH)Finally, in late February UnitedHealth Group gave a second -- and pretty decisive -- selloff that largely confirmed a major downturn was in the works. That panned out as expected, with UNH stock making a few more days of selling.The bulls did push back, but that effort crumbled and turned back into a downtrend right where one would expect. The renewal of the downtrend at the ideal ceiling sets up a third bearish leg that could end up turning into a bigger selloff than the last couple of setbacks have been. Click to Enlarge • The rally effort was stopped and reversed just as the white 200-day moving average line was bumped. That reversal is highlighted on the daily chart.• The big floor from here is around $235, in line with the past two major bottoms UNH has made. That support is plotted with a red dashed line.• The weekly chart puts things in perspective. The three-year advance was amazing, but arguably overcooked. A little more weakness could easily turn into a lot of profit-taking.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy in the Second Quarter * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 ETFs for a Millennial Portfolio Compare Brokers The post 3 Big Stock Charts for Monday: Twitter, UnitedHealth Group and Philip Morris appeared first on InvestorPlace.
Nokia phone brand owner HMD Global is understandably nervous about Finlandinvestigating claims that its handsets send sensitive data to China, and it'strying to clear its name
Nokia (NYSE:NOK) has not had the most enjoyable of Fridays as the company's stock is sinking following comments in relation to possible compliance issues in relation to certain transactions.The Finland-based network equipment maker said on Friday that it was examining transactions at Alcatel-Lucent, a former rival it acquired back in 2016. The comments were made in relation to compliance issues at the unit to U.S. authorities.Nokia added that certain of its practices that led to the aforementioned issues in relation to Alcatel-Lucient business was a cause for concern once the business was integrated into its fold. The Finnish company revealed that it voluntarily reported the matter to regulators, and it planned on cooperating with authorities to resolve the matter.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"To ensure complete compliance we are now scrutinizing certain transactions in the former Alcatel-Lucent business and although this investigation is in a relatively early stage, out of an abundance of caution and in the spirit of transparency, Nokia has contacted the relevant regulatory authorities regarding this review," Nokia said in an emailed statement to Reuters."The resolution of this matter could result in potential criminal or civil penalties, including the possibility of monetary fines, which could have a material adverse effect on our business, brand, reputation or financial position," it added in a filing to the U.S. Securities and Exchange Commission.NOK stock is down about 5.4% on Friday. More From InvestorPlace * 5 Cloud Stocks to Help Your Portfolio Fly * 10 Stocks on the Rise Heading Into the Second Quarter * 7 Beaten-Up Stocks to Buy as They Reverse Course Compare Brokers The post Nokia News: Why NOK Stock Is Getting Nicked Today appeared first on InvestorPlace.
Nokia sought to play down the risks of an investigation into compliance issues at its Alcatel-Lucent business after its shares fell sharply on Friday. The Finnish network equipment maker flagged the issue in its annual report which was released late on Thursday to the U.S. Securities and Exchange Commission. Nokia said it had launched an investigation into certain transactions of the business it bought in 2016.
Nokia CorporationStock Exchange ReleaseMarch 22, 2019 at 16:45 (CET +1) Nokia comments on market rumors related to its annual report on Form 20-F Espoo - Finland While.
Nokia has warned that there may be "compliance issues" at a French company that it acquired three years ago for €15.6bn (£13.4bn).
SAN DIEGO , March 22, 2019 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims against Nokia Corporation (NYSE: NOK ) ("Nokia") for violating federal securities laws. On ...
Finnish telecom equipment maker Nokia does not plan to take on any new business in Iran in 2019, it said in its annual report on Thursday, citing difficulties in dealing with conflicting U.S. and European trade policies. "The diverging EU and U.S. regulatory framework governing business activities in Iran will be far more complex in the future," Nokia said in its annual 20-F report. Under the nuclear deal struck between Iran and six big powers in 2015, sanctions imposed by the United States, European Union and United Nations were lifted in return for Iran agreeing long-term curbs on a nuclear programme the West suspected was geared to developing an atom bomb.
Local cloud computing (Multi-access Edge Computing - MEC) is a key enabling technology for connected driving, specifically for driving safety. It is vitally important that the industries involved in connected driving work closely together to turn the concepts into sustainable business for all parties involved.
Finland's data protection ombudsman said on Thursday he would investigate whether Nokia-branded phones had breached data rules after a report said the handsets sent information to China. Nokia-branded mobile phones are developed under licence by Finnish company HMD Global, which said no personal data had been shared with a third party although it said there had been a data software glitch with one batch of handsets that had been fixed. Norwegian public broadcaster NRK reported on Thursday a data breach related to the Nokia 7 Plus model, built by HMD.
The Latest Updates from the Telecom Sector(Continued from Prior Part)Sprint selling its headquarters campus Sprint (S) is selling its Overland Park headquarters in a reorganization drive ahead of its planned merger with T-Mobile (TMUS). The company
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he loves Splunk Inc (NASDAQ: SPLK ). He added that the company is doing a fantastic job and he is a buyer of the stock. Cisco (NASDAQ: ...
HELSINKI (Reuters) - Finland's data protection ombudsman said on Thursday he would investigate whether there was any data breach by Nokia-branded phones after Norway's public broadcaster reported that ...
Nokia, a global leader in creating the technologies at the heart of our connected world, has made a multi-year commitment of US$750 thousand to support the work of the Internet Engineering Task Force (IETF). As the Internet's premier standards organization, specifications developed in the IETF are a foundation for services and technologies used across the global Internet. "We are very pleased that Nokia has made this significant commitment to support the important work of the IETF," said Alissa Cooper, Chair of the IETF.
Apple Is Tackling Its Challenges One by One(Continued from Prior Part)Apple reconfiguring iPhone business strategy in IndiaApple (AAPL) hired a former Nokia (NOK) executive to head up its India operations. Ashish Chowdhary, a former chief customer
Press Release Cambodia's leading Internet Service Provider (ISP) for enterprise enters residential market with fiber to the home (FTTH) servicesNokia solution delivers.
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)America leading anti-Huawei push Cisco Systems (CSCO) CEO Chuck Robbins suggested in a recent media interview that the ongoing push by some Western governments to