Nokia Corp (NOK) Sees Large Growth in Short Interest

The Foolish takeawayThe Nokia lumia 3310 could be a solid contender in the feature phone market, given its legendary status, pricing, and long battery life. Searches for the Nokia 3310 mobile phone increased 350% after the launch, with most of the queries coming from developing and underdeveloped nations. The popularity of feature phones could drive the 3310's sales in these markets and help resurrect the Nokia brand. More importantly, feature phones are also powering the digital economy in emerging markets, allowing users to conduct SMS-based transactions. The popularity of feature phones in these markets can be attributed to low purchasing power in smaller towns and rural areas.


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Comerica Bank Has $1,598,000 Stake in Nokia Corp (NOK)

Comerica Bank's holdings in Nokia lumia Corp were worth $1,598,000 at the end of the most recent quarter. Comerica Bank raised its position in Nokia Corp (NYSE:NOK) by 13.5% during the fourth quarter, according to its most recent disclosure with the SEC. On average, equities research analysts predict that Nokia Corp will post $0.24 EPS for the current fiscal year. Receive News & Stock Ratings for Nokia Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia Corp and related stocks with our FREE daily email newsletter. Nokia Corp had a positive return on equity of 6.17% and a negative net margin of 2.96%.

Comerica Bank Has $1,598,000 Stake in Nokia Corp (NOK)

Nokia Corp (NYSE:NOK) And LG CNS At Play In The Launch Of The First Malaysian Rapid Transit Line
End-to end network services management is normally taken care of by the Nokia lumia Network Services Platform and it goes without saying that it does a remarkable job facilitating provisioning, troubleshooting and maintenance. Malaysia has much to thank Nokia Corp (ADR) (NYSE:NOK) and LGCNS for after they played a major role towards helping it successfully unveil its first Mass Rapid Transit line. LG CNS obtained a mission-critical communications network from Nokia. The recent operations are seeing Nokia make tremendous steps forward since its track record is taking a positive spike. Nokia has exhibited strong solutions for the railway industry and hopes to do even much more in future.


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collected by :Andro Alex

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