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Posts: 1,400 | Thanked: 3,751 times | Joined on Sep 2009 @ Arctic cold of northern .fi
#137
Q2 results annoucement 13.00 finnish time (12.00 CET/ 11.00 UK). Live webcast (propably sound only) from results conference call two hours later here.

Most recent bad news that might affect stock price:

-Siemens annouced that it wants to cash in on it's share of Nokia SIemens Networks. They can't with the current partnership deal, but it will run out in two years. So Nokia has to relatively soon use billions to buy Siemens' share, find new partner to buy them or spin off NSN as a publicly traded company.

-Nokia is investigating the source for cobalt used in it's products. Some of it might be coming from Congo, where rebels use the mining income to fund a bloody civil war. Possible PR disaster.

-According to Iltalehti, if OPK get sacked his gloden parachute will be worth about 4,5 million euros.