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Nokia (NOK) is a great company for two reasons. It has been run so well that it has nearly 40% of the global cellphone business even though it is headquartered in an obscure European country. But, it...
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Freescale announced that it is exploring strategic options for its cellular handset business and intends to complete a sale, joint venture agreement or other transaction in the coming months. Former...
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Nokia (NOK) has been very slow moving into the market for high-end smartphones, especially in the US. There are plenty of Apple (AAPL) iPhones and RIM (RIMM) Blackberries on the shelves. Samsung has...
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These are not all of the analyst downgrades this Monday morning, but these are some of the standout calls we have seen affecting shares early with more than two hours to the open: Apple (AAPL) Cut to...
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Nokia (NOK) made a number of odd statements today, the net effect of which was to drive the firm’s stock down 10%. For starters, it said its global market share in the third quarter would be below...
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Samsung, one of the largest companies in South Korea, says it may want to buy US flash chip company Sandisk (SNDK). The US firm’s stock has dropped from a 52-week high of $56.46 to under $14. If...
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According to Reuters, oil fell another $1 to $109. Reuters writes that Coca-Cola (KO) will pay $2.5 billion for Chinese juice maker Huiyuan, Reuters writes that Google (GOOG) believes the its new...
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Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6 million to 42.3 million. Short interest...
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It looks like more communists will be buying Apple (AAPL) iPhones. The handset is almost certainly going to be available in China this year. Now it appears that there is a deal in place to sell the...
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Motorola’s (MOT) plan to spin-off its handset unit was set back further by the news that its domestic market share fell to 21% in the second quarter compared to 32% for the same period last year....
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Motorola’s (MOT) share of the US cellphone market is falling fast. The NPD Group said overall sales of handsets from all manufacturers dropped 13% to 28 million in the second quarter. According to...
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Icahn Enterprises LP (NYSE: IEP) is perhaps known more for its billionaire owner/founder Carl Icahn more than it is for its staff, team efforts, and even the enterprise’s name. Icahn’s...
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Motorola (MOT) kept its lead in US market share by holding 25.8% of the country’s cellular phone business. That was hardly the big story. Research-In-Motion (RIMM), maker of the Blackberry, was the...
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Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. Over time these brands often lose their earnings power....
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The sun can never set on a day before some large multinational company says that its future is in China. Why should Nokia (NOK) be an exception? Nokia management opines that, even though 600 million...
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