Nokia Q1 Beats; Signs Deal With Microsoft; Stock Up 3 Percent
Business Thursday, April 21st, 2011
Shares of Nokia (NOK) rose 2.4% to €6.08 in European trading, and its ADRs are up 28 cents, or 3.3%, at $8.87 in NY trading, after the company’s Q1 revenue and profit beat analysts’ estimates, and it said it signed a definitive agreement with Microsoft (MSFT) ahead of schedule and had made progress on developing [...]