Nokia posts rise in profit and wireless-phone sales

Article Abstract:

Nokia Corp. posted a 52% rise in its pretax profits for the 1999 fourth-quarter. The company benefited from strong improvements in sales of wireless phones.

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Investors push Nokia down 21% after it issues profit warning

Article Abstract:

Nokia Corp. saw its share value drop by 21% after it cautioned investors about its profits. The company posted a 62% rise in profits for the 2000 second-quarter, but also warned about its third-quarter results.

Communications Equipment, Securities prices, NOK

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Ericsson's profit dives 51% as Nokia posts 96% leap

Article Abstract:

Telefon AB LM Ericsson announced that its pretax profits for the first quarter of 1999 fell by 51%. This was well below what analysts had predicted. Ericsson also cautioned that its earnings for the entire 1999 year would be below its results for 1998. In addition, Nokia Corp. posted a pretax profit and sales improvement of 96% for the 1999 first quarter. Nokia is also optimistic about its results for the entire 1999 year.

Comment:

Posts pretax profit and sales improvement of 96% for 1999 first quarter

Telephone Apparatus Manufacturing, Sweden, Central Station Switch Eqp, Abstract, Telephone switching equipment, Central office equipment (Telephone), Telefonaktiebolaget LM Ericsson

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