Cellphone makers getting gadget happy

Article Abstract:

Nokia Corp.'s N-Gage, which is a cellphone game console, was one of Nokia's early attempt to make handsets more than mere phones and despite the negative response of critics and lackluster sales of the N-gage, Nokia is not planning to give up the idea of merging various consumer electronic devices with cellphones. The main reason to add all the extra features in a cell phone is to gain an edge over the competitors in the market and to convince the consumers to pay more for a handset.

Product information, Innovations, Nokia Corp. Nokia Cellular Systems, N-Gage (Wireless telephone)

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Lots of dirt to be dished during corporate 'confession season'

Article Abstract:

Companies reveal their mid-quarter updates or provide an estimate of their quarterly results in the 'confession season' thereby stating that the market results for their current quarter would be better than expected. Nokia expects that sales and profit would be better than analysts had forecasted, so it has raised its target for both quarterly revenue and profit.

Canada, Financial management, Corporations, Finance, Nokia Corp., NOK, Company financing, Company business forecast/projection, Company forecasts

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Two different economies, two different interest rate paths

Article Abstract:

The Bank of Canada and the U.S. Federal Reserve will have to take a decision whether they intend to raise their benchmark lending rates. Both the central banks show signs of weakening economy, with low job growth and a decline in trade.

United States, Management dynamics, Interest Rates, Management, United States. Federal Reserve Board, Company business management, Canada. Bank of Canada

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