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Nokia investors started trading with new options
Nokia investors started trading with new options today, for the May 12 expiration. In the equity options channel, our YieldBoost formula looked up and down the NOK options chain for the new May 12 contracts and identified one put and one call of particular interest.
Oneplus and Oppo are leaving the European market
Oppo and OnePlus are struggling in Europe due to a patent dispute with Nokia. It prevented them from promoting their products in Germany. Companies are also facing a shrinking smartphone market in Europe, which does not bode well for their prospects. Reports suggest that the two BBK Electronics-owned entities are now preparing to exit most, if not all, European markets, including the UK.
Nokia joined Diya City in Ukraine
Another technology giant has joined Diya City – the legendary Nokia company has become a resident of the space, which was reported by the Ministry of Statistics of Ukraine in its announcement.
Former Nokia executive Thomas Zilliacus bid for Manchester United
Thomas Zilliacus, a Finnish entrepreneur in the running to buy Manchester United, is a former Nokia executive who claims to have made his fortune in the Asian technology sector.
Cygna Labs acquires Nokia's VitalQIP product
Cygna Labs is acquiring Nokia's VitalQIP, adding tools to its DDI portfolio that CEO Christian Ehrenthal says will put Cygna Labs head-to-head with competitors like Infoblox and BlueCat. DDI software is the foundation of IP networks and includes Domain Name System (DNS), Dynamic Host Configuration Protocol (DHCP), and IP Address Management (IPAM).
Raymond James raises Nokia Oyj to $7
Nokia Oyj had its price objective raised by Raymond James from $6.50 to $7.00, Benzinga reports. Raymond James currently outperforms the technology company's stock. Deutsche Bank Aktiengesellschaft reduced their price objective on Nokia Oyj from €6.00 ($6.52) to €5.50 ($5.98) and set a buy rating for the company in a research note on Wednesday, November 9th. for. Morgan Stanley started coverage on Nokia Oyj in a research note on Tuesday, November 8th.