Nokia Rises 9.3% on Earnings, Ericsson Also up
Mobile phone company Nokia (NOK Quote) was up 22.9% in early trading after it reported third-quarter earnings rose 42% over a year ago, beating analysts expectations.
The Finnish company moved its earnings release up a week for undisclosed reasons. Nokia predicted record profits in the fourth-quarter and said it expects to meet its 25% to 30% sales growth target. Ericsson was also higher, rising 9.3% in early trading.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
