NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.
NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co. would consider buying Finland's Nokia to help it expand its smartphone business, according to a story on the Financial Times website.
ZDNet: According to the Financial Times of London (paywall), Richard Yu, chairman of Huawei’s consumer business group, said at the launch of its latest smartphone offering, the Ascend P6, in London: “We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia.” “We are open minded,” Yu told reporters. ?
Zoom. Today, in an interview with the Financial Times, Huawei’s Richard Yu stated that his company is “open-minded” to purchasing Nokia. The direct quote: “We are considering these sorts of... Keep reading ?
Shares of Nokia (NOK) are up 41 cents, or 11%, at $4.10, during in mid-day trading following an article a short while ago by the Financial Times’s Daniel Thomas, who writes that Chinese smartphone and networking vendor Huawei is open to buying Nokia, citing remarks by its held of consumer products. “We are considering these [...]
ByJoseph Allen: If you have any acquaintance with the biotech and small pharma market, you know who Dr. Elemer Piros is. Top-ranked by the Wall Street Journal and Financial Times in different years, he is with Burrill Securities as a Managing Director and Senior Biotechnology Analyst. Show More Summary
Market check: Index futures are flat, the Federal Open Market Committee is meeting. Coincidence? No. Or take Monday’s kerfuffle over a Financial Times report. The market briefly erased a more-than-100-point gain in the Dow after an FT writer made the argument — interpreted, wrongly, as a leak by the Fed — that central bankers will dial [...]
Earlier today, Robin Harding at the Financial Times released a market moving story of the Fed: Fed likely to signal tapering move is close Ben Bernanke is likely to signal that the US Federal Reserve is close to tapering down its $85bn-a-month...Show More Summary
ByElisa Lemmola: Regions Financial's (NYSE: RF) recently released earnings report easily exceeded analysts' expectations and caused its share prices to appreciate as shareholders rewarded the positive results. Is it time for you to become...Show More Summary
Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2013 Earnings MCLEAN, Va.--(BUSINESS WIRE)-- On Thursday, July 18, 2013, at approximately 4:05 p.m. Eastern Time ( NYS: COF ) will release its Second Quarter 2013 earnings results. Show More Summary
By McDuck Capital: As investors we want to be able to buy companies for low valuations, so often times it is necessary to search for blood in the street. Right now you can't find any more blood than in regional banks. The financial crisis...Show More Summary
The Los Angeles Times has outlined the current state of financial affairs at surf fashion giant Quiksilver with the headline Quiksilver Is Riding Wave of Red Ink. The last time Quiksilver posted a profit was 2006. A survey by financial services firm Piper Jaffray & Co. found that Quiksilver’s brands trailed in popularity among teenagers, [...]
By John M. Mason: Wolfgang Münchau, in the Financial Times, asks the question, "Will the bond market vigilantes come to the eurozone and wreak havoc?" The article also contains the teaser, "there is much bad news still to come out of...Show More Summary
The S&P 500 has soared in the past four years, leading many to fear that the index is long overdue for a major correction. In times of trouble, value investors often look to stocks that trade at low valuations compared with their peers to provide a margin of safety from a potential downturn. Yet judging [...]
``One tactic Bank of America used to delay the modification process involved telling homeowners who applied for a HAMP modification or who were in a Trial Period Plan to resubmit financial information each time they called to inquire about a pending modification. Show More Summary
Would you have predicted this? This paper investigates the impact of credit rating changes on the sovereign spreads in the European Union and investigates the macro and financial factors that account for the time varying effects of a given credit rating change. Show More Summary
When we think of investments, many of us think in terms of what we are doing with our money. However, money isn’t the only resource available to you. You also have your time and your abilities, and you can decide how to use those resources to improve your financial situation — even though you aren’t directly investing money. Show More Summary
In a recent New York Times article, media reporter Elizabeth Jensen underscored the financial and new media challenges faced by the PBS NewsHour. Jensen cited anonymous public television sources who critiqued the NewsHour's broadcast format and its website: But with...
“Thank you. In light of the lower than anticipated growth in the string toy and jingle ball sectors during the second quarter, will the President continue to deplete the Strategic Catnip Reserve, and also a follow-up question, where’s the litter box? Via schnappischnap. Filed under: Uncategorized Tagged: Kittens
By Eric Parnell: One of the remarkable characteristics of the stock market in the aftermath of the financial crisis is its incredible resilience on any given trading day. As we all have witnessed so many times over the last several years,...Show More Summary