Nokia (NOK) Wil Suspend Dividend for FY13; Names Doherty to Board
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Nokia (NOK) Cuts Dividend, Battens-Down Hatches, and Ekes Out Q4 Profit
January 24, 2013 9:35 AM ESTNokia (NYSE: NOK) reported strong fourth-quarter results earlier Thursday, though investors might be taking a little off the top following preliminary numbers released on January 10th. Since then, shares have risen over 23 percent.
In 2012 Nokias cash position declined by 1.2 billion to 4.4 billion, and in an effort to conserve cash the Finnish company today suspended its dividend for the first time in a more than a century.
In Q4 Nokia reported... More
Nokia Corp. (NOK) Reports In-Line Q4 EPS of EUR 0.06
January 24, 2013 6:10 AM ESTNokia Corp. (NYSE: NOK) reported Q4 EPS of 0.06, versus 0.06 reported in the same period last year. Revenue for the quarter came in at 8.04 billion, versus 10.01 billion reported last year.
Devices & Services net sales fell 36 percent to 3.85 billion, with net profit of 52 million.
For earnings... More
