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Nokia Surges 11%: Huawei ‘Open’ to Buying Them, Says FT
June 18, 2013
By Tiernan Ray

Shares of Nokia (NOK) are up 41 cents, or 11%, at $4.10, during in mid-day trading following an article a short while ago by the Financial Times’s Daniel Thomas, who writes that Chinese smartphone and networking vendor Huawei is open to buying Nokia, citing remarks by its head of consumer products.

“We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded,” remarked Huawei’s Richard Yu, in an interview in London, writes Thomsas.

I would note that shares of BlackBerry (BBRY) are up 57 cents, or almost 4%, at $14.87, in part lifted by increased estimates from RBC Capital Markets’s Mark Sue this morning. However, there was also an item on the tape this morning that takeover speculation is once again swirling around BlackBerry shares. It’s not clear if it is related to the Huawei remarks.

http://blogs.barrons.com/techtraderdaily/2013/06/18/nokia-surges-11-huawei-open-to-buying-them-says-ft/?mod=yahoobarrons