Nokia (NOK) Cuts Dividend, Battens-Down Hatches, and Ekes Out Q4 Profit
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Nokia (NOK) Shows Profit in Q4 on Back of NSN Joint Venture, ASPs - Analysts
January 24, 2013 10:00 AM ESTNokia (NYSE: NOK) is trading lower at the start following fourth-quarter 2012 results issued earlier.
The Finnish outfit reported profit of 0.06 and revs of 8.04 billion, versus 0.06 and ?10 billion reported in the same period last year. For more color on the results,... More
Nokia (NOK) Suspends Dividend for FY13; Approves 370M Buyback Plan
January 24, 2013 7:00 AM ESTNokia (NYSE: NOK) announced today that its Board of Directors has resolved to convene the Annual General Meeting on May 7, 2013 and that the Board and its Committees submit the below proposals to the Annual General Meeting.
* Proposal not to pay dividend
* Proposals on the Board composition and remuneration
* Proposals to authorize the Board to repurchase and issue shares
* Proposals on the re-election of the external auditor and remuneration
Proposal on the payment of dividend
The Board proposes to the Annual General Meeting that no... More
Nokia (NOK) Updates on FY13 Equity Program; Sebuts ESP Plan
January 24, 2013 6:58 AM ESTNokia Corp. (NYSE: NOK) has approved the Nokia Equity Program 2013. In addition to the equity instruments used in previous years, the Board of Directors approved the launch of a new Employee Share Purchase Plan. The Nokia Equity Program 2013 includes the following equity instruments:
* A new Employee Share Purchase Plan for Nokia employees in selected jurisdictions, entitling the eligible employees to contribute a part of their salary to purchase Nokia shares. After a designated holding period Nokia will offer the employees one matching share for each two purchased shares;
* Performance Shares, which... More
Nokia (NOK) Wil Suspend Dividend for FY13; Names Doherty to Board
January 24, 2013 6:17 AM ESTNokia Corp. (NYSE: NOK) CEO Stephen Elop said that Board moved to suspend the dividend for 2013.
The company also named Elizabeth Doherty to its Board.
Comments come from Nokia's Annual General Meeting.... 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
