TITLE

Nokia Takes Jarring Profit Fall

AUTHOR(S)
Medford, Cassimir
PUB. DATE
January 2009
SOURCE
Red Herring;1/22/2009, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Nokia in the fourth quarter of 2008. Considered as the largest mobile phone maker in the world, net profit for the fourth quarter came in at $745 million. Earnings per share fell to 15 European cents from 47 European cents, against expectations of 27 European cents. Nokia's weaker than expected performance in its handset business was partially offset by better results in other businesses such as Nokia-Siemens Networks, Navteq, and Software and Services.
ACCESSION #
36602915

 

Related Articles

  • Nokia shares up on better 3Q forecast. Motsay, Emily // RCR Wireless News;9/13/2004, Vol. 23 Issue 37, p22 

    Reports on the performance of Nokia Corp. in the U.S. stock market as of September 9, 2004. Expectation on the company's earnings per share; Estimated amount of net sales; Statistics on the earnings and gross sales of the company for the second quarter of 2004.

  • Virginia Bank Sees Lower Net Income.  // National Mortgage News;8/2/2004, Vol. 28 Issue 44, p16 

    Focuses on the decrease in net income and net earnings per share of C&F Financial Corp. for the second quarter of 2004. Impact of decrease in teh earnings of mortgage banking business; Net income per diluted share; Decline in the gain on sales of loans.

  • Casinos rake in record winnings. Edwards, John G. // Las Vegas Business Press (10712186);2/18/2008, Vol. 25 Issue 7, p15 

    The article reports on the announcement made by Sierra Pacific Resources on February 11, 2008 that its ongoing profits increased in the fourth quarter of 2007. The company reported that its ongoing earnings were up from $4.3 million in 2007 to $14 million in the fourth quarter of 2008. Ongoing...

  • Sinopec Corp. Announces Results for Q1 2006.  // China Chemical Reporter;5/16/2006, Vol. 17 Issue 14, p9 

    The article focuses on the financial performance of China Petroleum & Chemical Corp. during the first quarter of 2006. The company's operating income for the period was reported to be RMB222.70 billion, which represented an increase of 31.74 percent over the operating income during same period...

  • Men's Wearhouse Profits Jump in Q3. Tschorn, Adam // DNR: Daily News Record;11/21/2005, Vol. 35 Issue 47, p46 

    The article reports on the earnings of retailer Men's Wearhouse for the third quarter of 2005. Net income for the quarter increased to $24.1 million, or 44 cents per share, from $12.9 million, or 23 cents, in the same period in 2004. Year-to-date adjusted diluted earnings per share increased 48...

  • New focus on retail. Makholwa, Andile // Finweek;12/3/2009, p32 

    The article offers information on the portfolio of furniture retailer JD Group Ltd. It mentions that an 85 percent plunge in headline earnings per share to 44.2c and a bad debt charge growth of 23.5 percent to 1.1 billion Rands for its financial year to August 2009 is reported by JD. It notes...

  • Time Warner Revenue Rises, Profit Falls. Lafayette, Jon // Television Week;11/12/2007, Vol. 26 Issue 42, p4 

    The article presents information on the financial performance of Time Warner for the third quarter of 2007. The company reported net income of $1.1 billion, or 29 cents a share, down 53% from $2.32 billion, or 57 cents, in 2006. Adjusted operating income before depreciation and amortization...

  • Wrong cover cost dearly. De Klerk, Vic // Finance Week;6/14/2004, p32 

    Focuses on the financial performance of Hudaco, as of June 2004. Percentage increase in the earnings per share of the company; Information on the profit margin posted by Hudaco; Improvement in the operating margin of the company.

  • Clayton's Net Jumps 116%.  // National Mortgage News;8/21/2006, Vol. 30 Issue 45, p3 

    The article focuses on the financial performance of Clayton Holdings Inc., a provider of information-based analytics, consulting and outsourced services. The company's second-quarter net income of 2006 has jumped to 116% from the earlier year. Earnings per share has also rose to $0.11 in the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics