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MPHD ask back below a penny... No movement in a while.
CDW nice finish today. Strong month following IPO.
CDW continuing to rise after IPO yesterday. Original anticipated offering was around $23, looks like it will be there soon.
CDW IPO to begin trading shortly.
CDW IPO to begin trading shortly.
Did AMMX PR basically say they are going to run a promo on their stock?
Watching NOK again for 3.75 break.
Agreed... already done ;)
Still holding ALME? Little pop on promo.
NOK heading back to $4 for earnings?
How many SDVI left @ 4?
Working my way back into NOK expecting quarterly growth and a positive EPS surprise next report.
Hoping for the best since sept-jan was a good one.
NOK getting back into buy range heading into earnings.
MPHD bid doubled. Going to be a nice ride.
WOW, 1 for 80K.... Massive RS.
MPHD 14s up
Picked up a tiny bit of MPHD with recent volume. Will see where it goes from here.
MPHD. Someone testing waters.
CHK 20.00 > 20.40. Rinse > Repeat.
Gap fill. Quick bounce. CHK
CHK. Thar' she blows!
CHK developing a nice trading pattern.
CHK earnings run up or buyout rumors? Maybe Obama pumping Nat Gas last night? Nice move so far.
Nokia (NOK) Issues Prelim. Q4 Numbers; Sold 4.4M Lumia Handsets
8:10 AM ET, 01/10/2013 - Street Insider
Nokia (NYSE: NOK) provided preliminary information on certain aspects of its fourth quarter 2012 financial performance and also provided preliminary information on its outlook for the first quarter 2013.
Nokia now estimates that Devices & Services has exceeded expectations and achieved underlying profitability in the fourth quarter 2012.
- Mobile Phones business unit and Lumia portfolio delivered better than expected results; and
- Operating expenses were lower than expected.
- Devices & Services non-IFRS operating margin for the fourth quarter 2012 now expected to be between break even and positive 2 percent.
Seasonality and competitive environment are expected to have a negative impact on the first quarter 2013 underlying profitability for Devices & Services, compared to the fourth quarter 2012.
Nokia also estimates that Nokia Siemens Networks has exceeded expectations for the fourth quarter 2012, delivering record underlying profits and a third consecutive quarter of underlying profitability.
- Strong performance in higher margin product categories and geographic regions; and
- Better than expected cost management.
- Nokia Siemens Networks non-IFRS operating margin for the fourth quarter 2012 now expected to be between 13 and 15 percent.
Seasonality is expected to have a negative impact on the first quarter 2013 underlying profitability for Nokia Siemens Networks, compared to the fourth quarter 2012.
Commenting on the preliminary Q4 financial information, Stephen Elop, Nokia CEO, said: "We are pleased that Q4 2012 was a solid quarter where we exceeded expectations and delivered underlying profitability in Devices & Services and record underlying profitability in Nokia Siemens Networks. We focused on our priorities and as a result we sold a total of 14 million Asha smartphones and Lumia smartphones while managing our costs efficiently, and Nokia Siemens Networks delivered yet another very good quarter."
Preliminary financial information for the fourth quarter 2012:
Nokia currently estimates that Devices & Services net sales in the fourth quarter 2012 were approximately EUR 3.9 billion, with total device volumes of 86.3 million units.
- Mobile Phones net sales of approximately EUR 2.5 billion, with total volumes of 79.6 million units of which 9.3 million units were Asha full touch smartphones.
- Smart Devices net sales of approximately EUR 1.2 billion, with total volumes of 6.6 million units of which 4.4 million units were Nokia Lumia smartphones.
- Total smartphone volumes of 15.9 million units composed of 9.3 million Asha full touch smartphones, 4.4 million Lumia smartphones and 2.2 million Symbian smartphones.
- Devices & Services Other net sales of approximately EUR 0.2 billion, including a positive impact from non-recurring IPR income of approximately EUR 50 million.
Nokia currently estimates that Devices & Services non-IFRS operating margin for the fourth quarter 2012 was between break even and positive 2 percent, which compares to the previous outlook of approximately negative 6 percent, plus or minus four percentage points. Devices & Services non-IFRS operating margin includes a positive impact from non-recurring IPR income of approximately EUR 50 million.
During the fourth quarter 2012, multiple factors positively affected Nokia's Devices & Services businesses to a greater extent than previously expected. Preliminary information indicates that the main factors include: - Within the Devices & Services business, better than expected financial performance in the Mobile Phones business unit and Lumia smartphones. In addition, Devices & Services recognized non-recurring IPR income of approximately EUR 50 million; and - Lower than expected Devices & Services' operating expenses, partially due to greater than expected cost reductions under the restructuring program.
Nokia currently estimates that Location & Commerce net sales in the fourth quarter 2012 were approximately EUR 0.3 billion and the non-IFRS operating margin was between 13 and 15 percent.
Nokia and Nokia Siemens Networks currently estimates that Nokia Siemens Networks net sales in the fourth quarter 2012 were approximately EUR 4.0 billion and the non-IFRS operating margin was between 13 and 15 percent, which compares to the previous outlook of approximately positive 8 percent, plus or minus four percentage points. Nokia Siemens Networks non-IFRS operating margin includes a positive impact from non-recurring IPR income of approximately EUR 30 million.
During the fourth quarter 2012, multiple factors positively affected Nokia Siemens Networks' businesses to a greater extent than previously expected. Preliminary information indicates that the main factors include: - More favorable product and regional mix in Nokia Siemens Networks. In addition, Nokia Siemens Networks recognized non-recurring IPR income of approximately EUR 30 million; and - Better than expected improvement under Nokia Siemens Networks' restructuring program to reduce operating expenses and production overheads.
Preliminary outlook for the first quarter 2013:
Nokia expects its non-IFRS Devices & Services operating margin in the first quarter 2013 to be approximately negative 2 percent, plus or minus four percentage points. This outlook is based on Nokia's expectations regarding a number of factors, including:
- competitive industry dynamics continuing to negatively affect the Smart Devices and Mobile Phones business units;
- the first quarter being a seasonally weak quarter;
- consumer demand, particularly for our Lumia and Asha smartphones;
- continued ramp up for our new Lumia smartphones;
- expected cost reductions under Devices & Services' restructuring program; and
- the macroeconomic environment.
Nokia expects Location & Commerce non-IFRS operating margin in the first quarter 2013 to be negative due to lower recognized revenue from internal sales, which carry higher gross margin, and to a lesser extent by a negative mix shift within external sales.
Nokia and Nokia Siemens Networks expect Nokia Siemens Networks non-IFRS operating margin in the first quarter 2013 to be approximately positive 3 percent, plus or minus four percentage points. This outlook is based on Nokia Siemens Networks' expectations regarding a number of factors, including:
- competitive industry dynamics;
- the first quarter being a seasonally weak quarter;
- product and regional mix;
- expected continued improvement under Nokia Siemens Networks' restructuring program; and
- the macroeconomic environment.
Nokia will provide more details when it reports fourth quarter and full year 2012 results on January 24, 2013.
http://www.streetinsider.com/Corporate+News/Nokia+%28NOK%29+Issues+Solid+Prelim.+Q4+Numbers%3B+Sold+4.4M+Lumia+Handsets/7999622.html
Agreed. NOK getting closer to fill that huge 4.25-5 gap.
NOK turnaround continuing. Hiking back to $5+
NOK +4% already pre. Going to be another huge day.
Hilarious BTW. GS put on Sell list, then added 55,090,120 shares. They are by far the largest institutional holder.
http://www.nasdaq.com/symbol/nok/institutional-holdings
Agreed. a few points of resistance along the way. However, with avg daily volume already traded in 4 hours and last report of almost 310 Million shares short, there is a possibility for a big run in a short time.
NOK appears to be bouncing back.
NOK bouncing back.
NOK filled the open gap. nHOD.
NOK gap filled. Looking good.
$NOK !!PAY DAY!!
NOK destroying it today.
Worked out well for me. Hope nobody plans on holding longer than today...
You mean the 1 Day PAID "awareness raising investment?" lol...
GNGR, did you get yours?
Still holding some GNGR. slowly climbing all day.