|Day Low/High||4.55 / 4.62|
|52 Wk Low/High||4.71 / 7.63|
The FTSE 100 tops the board, buoyed by a banking sector in rude health.
The telecom equipment maker warns on the fourth-quarter revenue outlook but says it will meet operating margin guidance.
Nokia falls 7% as the CFO quits and third-quarter mobile equipment weakness echoes Ericsson woes.
Nokia (NOK) will post its 2016 third quarter results before the opening bell on Thursday.
Having fallen sharply on its rival's profit warning, the Finnish telecom equipment maker will need to reassure investors about its own mobile broadband business..
A third-quarter loss is a reminder that this telecom equipment company is competing in a tough market.
The Swedish telecom equipment maker promises additional restructuring measures and predicts up to three more quarters of troubles.
5G, due to begin ramping around 2020, delivers improvements over 4G that should be valuable for Internet of Things deployments. That could expand the addressable market of many chipmakers.
Weak trade data from China sparks renewed concern over the global economy, while revived jitters over Brexit reverberate across Europe.
Nokia (NOK) stock was removed from Goldman's 'Conviction Buy' list today.
While some of Ericsson's problems are company-specific, both the company and many of its peers are dealing with a weak carrier spending environment that might not improve soon.
Nokia (NOK) stock is under pressure after Ericsson (ERIC) issued a profit warning.
A raft of Brexit talk weighs on European markets and the pound.