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Nokia trims its sales forecast, maintains earnings estimate

Article Abstract:

Nokia Corp. made additional cuts to its sales-growth forecasts for the 2001 first-quarter. The company now expects to post a 20% sales-growth for the period, compared to its previously forecasted 25% to 30%.

Author: Harris, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Forecasts, trends, outlooks

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Nokia to pare up to 1,000 staff at its network-systems unit

Article Abstract:

Nokia Corp. will layoff up to 1,000 employees in its network systems division. The decision comes as the company cautions about its earnings resulting from a decline in cell phone demand.

Author: Harris, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Labor force information, Planning, Human resource management, Layoffs

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Nokia, bucking the trend, expects to meet earnings goal

Article Abstract:

Nokia Corp. is expecting to reach its earnings target for the 2001 third-quarter. The company forecasted that it would see between 14 and 16 European cents per share in earnings for the period.

Author: Harris, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001

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Subjects list: Finland, Forecasts and trends, Telecommunications equipment industry, Telecommunications systems, Nokia Corp., NOK
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