Wells Fargo Comments on Nokia's (NOK) Q1

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Nokia (NOK) PT Raised to Canaccord Genuity

April 29, 2014 3:37 PM EDT

Canaccord Genuity analyst Michael Walkley bumped his price target on Buy-rated Nokia (NYSE: NOK) to $10.25 (from $10.00) following earnings and the announcement of a new CEO.

Walkley comments, "Nokia named Rajeev Suri President and CEO and announced its new strategy for the three divisions and 5B program to... More

Cowen Comments on Nokia (NOK) Following Q1 Results, CEO Appointment

April 29, 2014 9:11 AM EDT

Cowen and Company is out with quick commentary on Nokia (NYSE: NOK) following the company's Q1 results, CEO appointment, and reinstatement of a quarterly dividend this morning.

Analyst Timothy Arcuri commented, With the sale of Devices and Services (D&S) to... More

Nokia Corp. (NOK) Reports In-Line Q1 EPS; Updates Corporate Outlook

April 29, 2014 6:16 AM EDT

Nokia Corp. (NYSE: NOK) reported Q1 EPS of EUR0.04, in-line with the analyst estimate of EUR0.04. Revenue for the quarter came in at EUR2.66 billion versus the consensus estimate of EUR4.01 billion.

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Nokia (NOK) Appoints Rajeev Suri as CEO; Updates on Strategy; Restarts Dividends

April 29, 2014 6:14 AM EDT

Having completed the sale of substantially all of its Devices & Services business to Microsoft on April 25, 2014, Nokia (NYSE: NOK) announced the following:

- The appointment of Rajeev Suri as President and Chief Executive Officer, effective May 1, 2014;

- A vision to be a leader in technologies important in a connected world;

- A strategy to realize that vision by building on Nokia's three strong businesses in networks, location and technologies;

- Plans for a EUR 5 billion program to optimize its capital structure, including the Nokia Board's proposal to the Annual... More