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Nokia Corp. Q4 2009 Earnings Call Transcript

123jump.com Staff
01 Mar, 2010
New York City

Sales fell 5.5% to

S&P 500, Nasdaq in Feb Up; AIG Drops 10%

123jump.com Staff
26 Feb, 2010
New York City

President Obama''s bipartisan summit on healthcare reform appears to be heading for a stalement. AIG led the decline in S&P index after fourth quarter loss narrowed to $8.9 billion. The Nasdaq Composite added 4.2%, the S&P 500 index increased 2.9% and the Dow advanced 2.6% in February.

UK GDP Revised Up; Lloyds Loss Shrinks

123jump.com Staff
26 Feb, 2010
New York City

Serco Group 2009 net surged 31% and indicated larger order book. Rightmove Plc 2009 profit before tax falls and maintains dividend. Rolls-Royce announced

European Markets Rally; Gobain, Parmalat Shine

Mayank Mehta
26 Feb, 2010
New York City

European markets rallied on the expectations that Germany is closer to providing details of financial assistance to Greece. Bayer AG net for the year dropped 21%. Parmalat SpA 2009 net declined 23% on sales decline of 1.5%. Telefonica SA fourth quarter net surged 22% on Latin American businesses.

AIG, Weight Watchers Falls; Rosetta Stone Rise

Mayank Mehta
26 Feb, 2010
New York City

American International Group, Inc led the decliners in the S&P 500 index with a loss of 7.8%. Fluor Corp reports lower profit and cuts outlook. The Gap, Inc fourth quarter net ahead of expectations.

India Targets Lower Debt, Higher GDP in 2010

Mayank Mehta
26 Feb, 2010
New York City

The fiscal 2011 budget plan to raise $8 billion in stake sale in the government controlled companies and $7 billion through the sale of wireless licenses. Individual income of less than $3,000 will be tax exempt. Infrastructure companies increased after the government increased spending.

U.S. GDP Revised to 5.9%; Home Sales Fall 7.2%

123jump.com Staff
26 Feb, 2010
New York City

U.S. existing home sales in January declined 7.2%, second monthly decline in a row. The second estimate of the U.S. GDP showed an expansion of 5.9%. Stocks declined after weaker than expected home sales. The Gap Inc increased 5.5% after quarterly net surged 45%.

CPI Drops in Japan, Eleventh Monthly Decline

Darlington Musarurwa
26 Feb, 2010
New York City

Japan

Sydney: ANZ, Woolworths Rise; QBE Drops

Darlington Musarurwa
26 Feb, 2010
New York City

Positive earnings drove the market sentiment. Higher commodities prices also contributed the gains in the benchmark index. ANZ profit surged 16% to A$1.6 billion in January. Woolworths first half profit increased 11.4% to A$1.1 billion.

Hong Kong Eases; Shanghai Surges 1.5%

123jump.com Staff
25 Feb, 2010
New York City

CLP Holdings Ltd recommends final dividend. NetEase.com, Inc 2009 fourth quarter profit beats analyst estimates. China Eastern denies it may sell stake in Middle East. China Coal Energy said raw coal output surged 43.9% in January.

Australian Markets Track International Weakness

Darlington Musarurwa
25 Feb, 2010
New York City

Australian business investment gains 5.5% to A$27.7 billion in December. OZ minerals reported 2009 loss of A$517 million loss. REA Group profit rises 76% to A$23.1 million.

Nomura $3 Billion Bond Offering

Darlington Musarurwa
25 Feb, 2010
New York City

Tokyo market averages declined following losses in international markets. Sumitomo Trust & Banking plans to take a 20% stake in China based Nanjing Trust. Nomura plans to raise $3 billion through debt sale in the U.S.

Stubborn Inflation in India; Hathway IPO

Mayank Mehta
25 Feb, 2010
New York City

Stocks in Mumbai traded lower. Hathway Cable f& Datacom IPO closes 8% below the price. Gammon India secures contract from ISKCON. Crompton Greaves Ltd approves issue of bonus shares. L&T estimated $1.7 billion contracts to build power plants.

Late Rally in NY; Stocks Close Lower

123jump.com Staff
25 Feb, 2010
New York City

U.S. indexes staged a late rally but stopped short of erasing losses. Palm Inc plunged after it estimated sharply lower revenues. Crude oil declined on weak jobs report and durable goods orders were lower than expected. U.S. Fed will review Goldman Sachs credit default swaps on Greece

European Indexes Drop 2%, Greece in Focus

Mayank Mehta
25 Feb, 2010
New York City

European markets fell sharply for the second day after rating agencies joined the chorus of investors urging Greece to meet its deficit target. Italy completed its

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