(Updates from 3:57 p.m. ET with closing information.)
An article in The Wall Street Journal speculates the company's telecommunications-equipment joint venture with Siemens may be up for sale. The German conglomerate has approached private equity firms, including TPG, Blackstone Group, and KKR about a possible buyout of its part of telecommunications-equipment joint venture with Nokia.
Closing prices: NOK closed at $3.62, up 2.5%, while LNKD finished up 3.6% at $178.24. -- Written by David Webster in New York >Contact by Email. Follow @thedavidwebster
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts