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Nokia Siemens: Well-funded survivor in a tough sector (from Corporate Dealmaker)

People aren't buying cell phones, so Nokia Corp.'s (NYSE:NOK) second-quarter earnings, reported Wednesday, were dismal. Net income dropped to 65.5% from a year earlier to €380 million ($536 million), or €0.10 per share. And while Nokia did beat analysts' expectations of a €361 million profit, Bloomberg says that didn't prevent...

Posted on July 17, 2009 8:35 AM

Lifeline for the East, but dark clouds remain over Euroland (from Corporate Dealmaker)

With the flood of economic news out of Washington this week you may not have been keeping up with the gloomy financial tidings out of Europe, where massive indebtedness in the East, funded by the West, is being referred to by some as Europe's subprime crisis.  Time for an urgent...

Posted on February 27, 2009 10:57 AM