The Nokia Guide:: far, its not enough to write a full-blown Mega Review, but how about a few a while now weve had the Nokia PC Suite and the not-so-popular Nseries PC Suite. http://www.thenokiaguide.com/my_weblogHOME | Shares of Nokia rallied 4.6% Tuesday after the company raised guidance well above analysts' expectations, but the rest of the market sank on weak retail sales.
Nokia attributed its guidance to "stronger than expected mobile device volumes and relatively firm prices."
The Finnish cell phone giant said it expects third-quarter earnings of 22-23 cents a share, above expectations of 20 cents, and sales of $10.25-$10.37 billion would come in well above analysts' $9.95 billion forecast.
That was about the only good news for the market, as stocks took a beating on rising wholesale inflation and weak earnings reports from the likes of Best Buy.
ENN: Nokia to cut up to 2,300 staff:: Nokia said the Bochum site, which makes mobile devices, is not competitive enough, even with additional investment. Nokia unveils 4 phones, targeting http://www.enn.com/top_stories/article/29345HOME | Can Nokia-Led Nonprofit Save Symbian? > Comments:: OSNews.com informs you about the latest news on a vast range of operating systems, from the well-known mainstream OSes, down to RE: Not enough for Symbian http://www.osnews.com/comments/19959HOME | The Nasdaq fell 11 to 2171, the S&P lost 9 to 1231, and the Dow tumbled 85 to 10,597. Volume rose to 2.08 billion shares on the NYSE, and 1.81 billion on the Nasdaq. Decliners led 22-10 on the NYSE, and 20-10 on the Nasdaq. Downside volume was 74% on the NYSE, and 58% on the Nasdaq. New highs-new lows were 104-39 on the NYSE, and 108-42 on the Nasdaq.
Salesforce.com rallied 9% on a positive analyst day and an upgrade, and Asyst and AudioCodes also rose on upgrades.
CDWfell 5% on its sales report.
Intellisync jumped on a deal with Brasil Telecom.
FiberNet Telecom soared after raising guidance.
Kulick and Soffa lost 5% on a Piper Jaffray downgrade.
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