Nokia's profit warning stuns markets around the world

Article Abstract:

Nokia Corp. has issued a profit warning for the second quarter, causing a selloff that eradicated more than one-fifth of the firm's value and alarmed global stock markets. The company announced that its earnings would come under pressure, stating that spending on telecom equipment in the U.S. is now affecting other parts of the world.

Finland, Sales, profits & dividends, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, World, Finance, Telecommunications equipment industry, Telecommunications systems, Nokia Corp., NOK

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Who Needs WAP? Short Message Service Can Fulfill Demand for Wireless Web Access. Providing Better Security for Mobile Online Transactions

Article Abstract:

The differences of European wireless access providers (WAP) verses short message service (SMS) is discussed, showing among other things that SMS is cheaper and easier to install and operate, though not as functional as WAP.

Product standards, safety, & recalls, Sales & consumption, Radiotelephone communications, Cellular and Other Wireless Telecommunications, European Union, Mobile Radio Services, Services information, Telecommunications services industry, Telecommunications industry, Wireless communications services, Quality management

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SEB, Swedbank agree to 7.9 billion euros merger

Article Abstract:

Skandinaviska Enskilda Banken AB will merge its operations with ForeningsSparbanken AB. The merger is valued at 7.9 billion euros and will form the Nordic region's second-largest financial group.

Commercial Banks, Commercial Banking, Acquisitions & mergers, Sweden, Banking industry, Mergers, acquisitions and divestments, Skandinaviska Enskilda Banken (Luxembourg) S.A., ForeningsSparbanken

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