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Subdued Messages From Pharma and Consumer Giants: Earnings Wrap - Vimarsana News

Subdued Messages From Pharma and Consumer Giants: Earnings Wrap

Subdued Messages From Pharma and Consumer Giants: Earnings Wrap Bloomberg 2/4/2021 Joe Easton and John Bowker (Bloomberg) -- European company earnings were mostly subdued, with drugmaker Roche Holding AG issuing cautious guidance and Unilever Plc reporting weak profit margins in the beauty and personal care division. Among Roche’s difficulties are missed hospital appointments due to Covid-19, delaying treatments. Nokia Oyj showed the Reddit day traders who caused the stock to surge last week that the underlying business is not so rosy, with sales continuing to fall. Royal ...

Source: msn.com
Nokia Joins GameStop, BlackBerry as a Reddit Trader Favorite - Vimarsana News

Nokia Joins GameStop, BlackBerry as a Reddit Trader Favorite

Nokia Joins GameStop, BlackBerry as a Reddit Trader Favorite Bloomberg 1/26/2021 Kit Rees (Bloomberg) -- A Reddit forum’s fervor for old-school technology stocks is sending shares in Finland’s Nokia Oyj rocketing toward their biggest weekly gain in more than seven years. Nokia, which makes telecommunications equipment and is battling for share in the 5G market with Swedish peer Ericsson and China’s Huawei Technologies Co., soared 13% on Monday in Helsinki and added to those gains Tuesday. Monday’s move accelerated after the U.S. market open, as the stock was promoted...

Source: msn.com