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Nokia Up 4.8% on New Mobile Device

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Nokia

(NOK) - Get Nokia Corporation Sponsored American Depositary Shares Report

was up 4.8% in midafternoon after it unveiled a mobile device that has a color screen and offers Web access and e-mail, as well as features of a phone and organizer. Rival

Motorola

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(MOT)

was down 0.8% and

Ericsson

(ERICY)

was off 1.6%.