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.
Wednesday, July 25, 2012
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