Nokia gains; Credit Suisse adds company to its focus lists
Nokia ( NOK +2.4% ) has been added to Credit Suisse's U.S. and European focus lists. CS is optimistic about Nokia's ability to grow its high-margin patent licensing ops following the Microsoft deal - other firms have aired similar opinions - and also thinks major cash distributions could be on the way. Dan Loeb has argued a Nokia buyback or special dividend could happen post-Microsoft. The ...
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