|Day Low/High||5.07 / 5.20|
|52 Wk Low/High||4.88 / 7.63|
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.
U.S. stock futures are lower; investors await the minutes of latest Federal Reserve meeting for clues on interest rates; Samsung slashes guidance and Ericsson issues a profit warning.
Ericsson falls more than 16% after issuing a third-quarter profit warning.
The Swedish group says 'current trends' will continue in the short term as it posts a 93% decline in quarterly operating earnings.