Nokia (NOK) Trades Strong Into Expected Q1 Report
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UPDATE: Nomura Lowers Nokia (NOK) Price Target to EUR 2.50
April 19, 2013 12:47 PM EDT(Updated - April 19, 2013 12:48 PM EDT)
Nomura Securities maintained a Neutral rating on Nokia (NYSE: NOK) and lowered its price target of EUR 2.50 (from EUR 3.20).
Analyst Stuart Jeffrey said, "Nokias Asha Touch range drove strong earnings performance in Q4,... More
BMO Capital Upgrades Nokia (NOK) to Market Perform
April 19, 2013 7:26 AM EDTBMO Capital upgraded Nokia (NYSE: NOK) from Underperform to Market Perform.
For an analyst ratings summary and ratings history on Nokia click here. For more ratings news on Nokia click here.
Shares of Nokia closed at $3.17 yesterday, with a 52 week range of $1.63-$4.90.... More
Nokia (NOK) Now Has All Its Eggs In a Wobbly Basket - MKM Partners
April 18, 2013 3:38 PM EDTMKM Partners lowered estimates and its price target on Nokia (NYSE: NOK) Thursday from $3.00 to $2.50 as they say the first quarter earnings reveal extreme feature phone weakness and too much management optimism on the future of Lumia.
"Nokia's volumes finally succumbed to low-end Android and white box competition in 1Q13,"... More
Nokia's (NOK) Q1 Results Give Investors Very Little to Hold On To - Nomura
April 18, 2013 10:26 AM EDTNomura Securities analyst Stuart Jeffrey offered a first look at Nokia's (NYSE: NOK) first quarter 2013 results, which has the stock down 11 percent this morning.
Jeffrey highlights:
Revenues missed by 10%;
Lumia sales were in-line but feature phones missed volumes by 10% and ASPs by 11%;
Devices and Services adj. operating margin of 0.1% was impressive given the revenue miss driven by gross margin (25.1% vs... More
Nokia (NOK) Narrows Q1 Loss to EUR0.02/Share; Devices & Services Had Underlying Profitability
April 18, 2013 6:13 AM EDTNokia Corp. (NYSE: NOK) reported Q1 non-IFRS loss of 0.02 per share, from a loss of 0.08 reported in the same period last year. Revs were 5.85 billion, from 7.35 billion the prior year. Estimates were looking for sales of 6.52 billion.
Total mobile device volume was 61.9 million units, down... More
Trading Radar for 04/18: IBM (IBM) Google (GOOG), Microsoft (MSFT), Pepsi (PEP), Verizon (VZ), Morgan Stanley (MS) Report
April 17, 2013 2:28 PM EDTThe Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Markets Open
Economics:
8:30am EDTInitial Claims - Street sees 355K
Continuing Claims - Street sees 3068K
Earnings:
Alliance Data Systems Corp. (NYSE: ADS) - consensus EPS $2.51
Autonation, Inc. (NYSE: AN) - consensus EPS $0.64
Baxter International, Inc. (NYSE: BAX) - consensus EPS $1.04
Blackstone Group (NYSE: BX) - consensus EPS $0.51... More
