Nokia (NOK), Siemens (SI) Lower as DragonWave (DRWI) Cuts Outlook
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Deutsche Bank Maintains Sell on Nokia (NOK), Concerned About Low-Priced Androids
March 4, 2013 1:49 PM ESTDeutsche Bank today maintained a Sell rating on Nokia (NYSE: NOK). Analysts expressed concern about intensifying smartphone industry pressure beginning in the second half of 2013.
"Going forward, our major mid- to long-term concern remains Nokia's very high exposure to the declining... More
DragonWave (DRWI) Cuts Q4 Outlook; Affirms Cost-Cutting Plans
March 4, 2013 6:05 AM ESTDragonWave Inc. (Nasdaq: DRWI) announced revised revenue expectations for its fourth quarter fiscal year 2013, ended February 28, 2013, of approximately $30 million. The main area of shortfall behind the revised revenue guidance is lower revenue from Nokia Siemens Networks during the fourth quarter when compared to Q3 FY13.... More
