AT&T Snubbed Nokia. Why the Stock Is Rising.
Nokia cut its long-term operating margin guidance Tuesday as the fallout of AT&T’s contract snub continued to hit the telecom equipment maker.
Source: marketwatch.com
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Spotify, Broadcom, Lululemon, Docusign, and More Market Movers
Spotify shares fell after the music-streaming group said its chief financial officer will leave the company as of March 31 next year.
Source: marketwatch.com
After AT&T Deal, Jefferies Says Buy Ericcson, Hold Nokia
Telecom stocks Ericsson and Nokia were ticking higher after Jefferies analysts said to buy one and hold the other. AT&T has reached a deal with Ericsson...
Source: marketwatch.com
Nokia Faces Revenue Hit From AT&T's Network Deal With Ericsson -- Update
By Dominic Chopping Nokia's revenue is set to fall after U.S. operator AT&T selected other vendors to build out a new network, a blow to the Finnish...
Source: marketwatch.com
AT&T to Buy Up to $14 Billion of Ericsson Equipment. It's a Blow for Nokia.
AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
Source: marketwatch.com