Wednesday, July 25, 2012

Nokia's Better-Than-Expected Cash Performance A Trap For Investors?

Read the whole article at Seeking Alpha: 

>>Nokia (NOK) recently delivered mixed earnings, which surprised investors, on the positive side, thanks to the company's strong net cash balance of €4.2B ($ 5B) at quarter's end, marginally down from €4.9B ($5.9B) in Q1 2012, in spite of a net loss of €1.41B ($ 1.7B) in the quarter.
The stock bounced on the news, to give back most of its gains the following day.

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