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Nokia Gets 3-Year Deal From Globe Telecom for 5G Rollout in the Philippines
4:16 am ET February 24, 2021 (Dow Jones) Print
By Dominic Chopping
Nokia Oyj said Wednesday it has been selected by Globe Telecom Inc. to roll out its fifth-generation network in the Philippines in a three-year deal.
Nokia will upgrade Globe Telecom's existing 4G network, as well as expand the geographical reach of its 5G network at more than 1,000 sites in the Philippines.
The deployment will cover Mindanao, the country's second-largest island, and the Visayas, and will begin in the second quarter of 2021 with completion expected in 2023.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
February 24, 2021 04:16 ET (09:16 GMT)
8-K out yesterday, showing that the offering is done and closed. Anyone think this will start to rise now that the offering is over and done with?
Yes.... they are OSK. Tough day here....
Wow, just wow. Is that all she wrote? The whole contract went to Oshkosh?
I bought 10 more myself...... been trying to get some 2022 Call options as well, but my price didn't hit...... would be looking sweet now...
Those Insider sales were a no-brainer. I would think anyone and everyone would have cashed them out for a big payday right away. Doesn't mean they don't believe in the company or the stock, in my opinion....
UPDATE: Palantir co-founder Stephen Cohen makes over $50 million from stock trades
10:55 am ET February 23, 2021 (MarketWatch)
Print
Tomi Kilgore
Fellow insiders Matthew Long and Ryan Taylor also make millions from selling shares acquired through the conversion of derivative securities
Palantir Technologies Inc. co-Founder Stephen Cohen has netted more than $50 million from trading the data integration and software company's stock, as he flipped the 2 million shares he acquired for nothing through equity grants.
Fellow company insiders Matthew Long and Ryan Taylor also sold netted millions from similar trades.
Palantir's stock (PLTR), which went public on Sept. 30 (https://www.marketwatch.com/story/the-palantir-non-ipo-5-things-to-know-about-the-formerly-secretive-software-companys-direct-listing-11601351442), slumped 5.5% in morning trading Tuesday. It has lost 32.2% since closing at a record $39.00 on Jan. 27.
Palantir disclosed late Monday in a Form 4 filing with the Securities and Exchange Commission that Cohen (https://investors.palantir.com/governance/executive-management/default.aspx), who is the company's president and secretary, and a board member since 2005, acquired 2 million Class A shares at $0 on Feb. 18 through the conversion of derivative securities.
He turned around and sold 1.15 million shares on the same day, 550,000 shares on Feb. 19 and 300,000 shares on Feb. 22, for total sales of 2 million shares in the open market. The weighted average price of the sales was $26.8020, for a value of $53.60 million, according to a MarketWatch analysis of SEC data.
After the trades, Cohen owned 203,647 Palantir shares, or a small fraction of the 1.74 billion shares outstanding as of Nov. 6.
Also late Monday, the company disclosed that General Counsel Long acquired 503,864 shares at $0 on Feb. 18, through the conversion of derivative securities. On the same day, he sold the same amount of shares at a weighted average price of $25.0962, which valued the shares at $12.65 million.
Also on Feb. 18, Chief Legal and Business Affairs Officer Taylor acquired 218,255 shares at $0 through equity grants. He then sold 218,255 shares at a weighted average of $25.1680, for a value of $5.49 million.
The company said all of the insider trades were made under pre-existing 10b5-1 (https://ecfr.federalregister.gov/current/title-17/chapter-II/part-240/subpart-A/subject-group-ECFR271f57d9adc8b47/section-240.10b5-1) trading plans.
Palantir's stock has rallied 25.8% over the past three months, while the S&P 500 index has gained 7.6%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
Uh, what has happened here? Zero (0) volume today.....
Any speculation on a surprising positive, estimate-beating Q4 and 2020 Overall results?
Pretty flat/dull here lately.
F starting off nicely today.
Quiet here today. I was hoping to get quite a bit closer to $12 today....
Go back up..... yes. But this should be up in the $6-8 range, with all the capabilities they have, 5G advancing rapidly, etc.
Wow, what a drop in only 3 days. Frightful.
Is this going to stay stuck at $11.40 - $11.46 forever and ever??
Yeah, been here over 4 years. Seen this happen so many times that ALL trust is gone. And all the R/S's have hurt many so bad over the years that this needs to climb to $20+ just to get back to breathing even. Averaging down year after year has many in 99% losses....
Hopefully, as you said, it will be different this time.
And here comes the slow slide back down to $1.......
I would have bought more, but I had bought Call Options on this, and I can't get out of them right now to buy more stock. It's been a tough 7 days here for me....
How long can this hover in the $11.40's?? F is going all electric in Europe by 2030. Is that not worth at least a few dimes for the the SP to climb??
So, just another super quick run up, this time to $11 pre-market, and then nothing but sliding right back down again? I would have thought this would hold in the $7's, at least, with that news.....
We haven't been down this low in over a month. Makes me wonder why such a heavy drop the last few days.....
How far down do you think we will go, before any USPS news?
You did call it.... well done. I hope you had a little action this time too, to make up for those miserable years we had back then.....
Down a good bit today here..... in sympathy with Plug?
Trying to get some myself. $12.50 might be iffy in February though, based on what this has been doing in the last week+
0.005 is here..... what's next?
As am I. What is going on here?
Can we hit $0.02 today?
How in the world does this keep going down and being held down? NOK should have been stable in the $4.50 - $5 range at least.
As per a Dow Jones Newswire on Feb 4: Citi analysts said the 2021 revenue outlook seemed broadly in line and was "less bad than feared by some on the buy side."
Kepler Cheuvreux analysts said that despite short-term headwinds the valuation remains "undemanding."
"The company is investing in R&D [research and development] to create momentum and pick up market share within 5G. We maintain a Buy recommendation because expectations have been revalued and the valuation is still not demanding," they said.
Maybe many, like me, got in 3+ yrs ago and we are still down big. This needs to at least double from today's SP to be of significance......
I guess all interest is gone here. Anyone thinking no cruises, at all, in 2021?
I see that, thanks. Always out of nowhere with this one......
With no sailings in soon-to-be a year, can this SP really stay at this level, and even go up from here? Looking at the deeper financials, this is in pretty big trouble. Canada just extended "no cruising" until at least 2022.....
Another "buying opportunity", or is this going to slip all the way down to 0.02?
They will drag this under $11.50 today to kill all the $11.50 and $12 Calls ....
Nicely done. Hold long and strong!
So when is the next run up? Any ideas? Would like to be well prepared....TIA.
And just like that all the buzz and excitement fizzled away again......
Gracias compa! It could run up there $3+, but as you know, it can run down even faster right after. Stay well and buena suerte!!!
Glad to hear you are well. Yeah, TOPS is a dangerous ride, for sure. Rough sailing for many years now.... hopefully this year there will be no more shenanigans and no more dilution.......
Quick interest, not long term investment interest.