Orlando, FL -- (SBWIRE) -- 09/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On BlackBerry Ltd (NASDAQ:BBRY), Nokia Corporation (ADR)(NYSE:NOK).
BlackBerry Ltd (NASDAQ:BBRY) shares declined 5.12% to $10.94. BlackBerry’s board hopes to run a "fast" auction process that could result in a sale of the company by November, the Wall Street Journal said, citing people familiar with the matter on Sept. 4. A special committee of board members has narrowed its list of potential bidders since the company put itself up for sale in August, and is now pushing for quick resolution, the newspaper said.
Additionally, BlackBerry (NASDAQ: BBRY; TSX: BB) and Univision Communications Inc. (UCI), the leading media company serving Hispanic America, on August 26 announced that Univision has purchased 2,000 BlackBerry Q10 smartphones to upgrade all corporate issued BlackBerry smartphones. In addition to upgrading their entire mobile fleet, Univision is offering new BlackBerry 10 apps on the BlackBerry World™ storefront.
Are investors worried about the recent updates with BBRY? Find out with a free trend analysis HERE
Nokia Corporation (ADR)(NYSE:NOK) shares jumped 2.54% to $5.66. The company has on September 6, 2013 received a flagging notification in accordance with Chapter 9, section 5 of the Finnish Securities Markets Act from Microsoft Corporation (NASDAQ:MSFT). As announced on September 3, 2013 Microsoft has made available to Nokia EUR 1.5 billion financing in the form of convertible bonds to be issued by Nokia. Each tranche is of nominal value of EUR 500 million maturing in 2018 (“2018 Bond”), in 2019 (“2019 Bond”) and in 2020 (“2020 Bond”), respectively.
Additionally, Microsoft Corporation (NASDAQ:MSFT) on Sept. 3 announced its agreement to acquire Nokia Corporation (ADR) (NYSE:NOK)’s Devices and Services section, including the right to license the patent and to use the mapping services, for €5.44 billion. Under the terms of the agreement, the software giant will also acquire the mobile phone and smartphone business units including the Lumia & Asha brands and related production facilities of the Finnish smartphone manufacturer.
Is NOK going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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