No sooner had Life Technologies Corp. (NASDAQ: LIFE ) announced its successful purchase of KDR Biotech last week, then out came Thermo Fisher Scientific (NYSE: TMO ) with a $13.6 billion bid to buy Life Technologies itself.
This morning, Life Technologies announced that it has signed a definitive agreement to sell itself to Thermo Fisher for $76 per share, or about $13.6 billion in total plus assumption of $2.2 billion in net debt. That assumption raises the deal value to $15.8 billion in total, easily trumping what was being reported last week as an estimated $11 billion bid for Life Technologies from private equity powerhouses Blackstone, Carlyle Group, and KKR.
The deal must be approved by shareholders and needs regulatory approval.
Thermo Fisher CEO Marc N. Casper was quoted in the company press release as saying that "Life Technologies enhances all three elements of our growth strategy: technological innovation, a unique customer value proposition and expansion in emerging markets." Life Technologies and Thermo Fisher say the deal will build on their "technological strengths to accelerate results for life sciences customers working in proteomics, genomics and cell biology."
Best Japanese Stocks To Invest In Right Now: Martha Stewart Living Omnimedia Inc (MSO)
Martha Stewart Living Omnimedia, Inc. (MSO), incorporated on May 7, 1996, is an integrated media and merchandising company providing consumers with lifestyle content and products. The Company operates in three segments: Publishing, Broadcasting, Merchandising, Publishing and Broadcasting. The media and merchandise it creates generally consists of cooking and entertaining, holiday and celebrations, crafts, home, weddings, organizing, office products and accessories, gardening and outdoor living, and pets (grooming, apparel, feeding and health). In December 2012, the Company ceased its Everyday Food publication. In January 2013, the Company discontinued publication of Whole Living.
Publishing
During the year ended December 31, 2012, the Company�� Publishing segment accounted for 62% of its total revenues, consisting of operations related to magazine and book publishing and digital distribution, principally through its marthastewart.com. Revenues from magazine and digital advertising represented approximately 63% of the segment�� revenues during 2012, while circulation revenues represented approximately 34% of the segment�� revenues. As of December 31, 2012, the Company�� Everyday Food publication is being issued as an occasional insert to Martha Stewart Living subscribers.
Martha Stewart Living, its flagship magazine, is the foundation of its publishing business. The Company As of December 31, 2012, it published Martha Stewart Living on a monthly basis with a rate base of 2.05 million. The magazine primarily focused to the college-educated woman between the ages of 25 and 54 who owns her residence. Martha Stewart Living offers lifestyle ideas. Martha Stewart Weddings, a quarterly publication, targets the upscale bride and serves. Martha Stewart Weddings is distributed primarily through newsstands.
Martha Stewart Living, its flagship magazine, is the foundation of its publishing business. The Company As of December 31, 2012, it published Martha ! Stewart Living on a monthly basis with a rate base of 2.05 million. The magazine primarily focused to the college-educated woman between the ages of 25 and 54 who owns her residence. Martha Stewart Living offers lifestyle ideas. Martha Stewart Weddings, a quarterly publication, targets the upscale bride and serves. Martha Stewart Weddings is distributed primarily through newsstands.
The marthastewart.com Website is its digital properties, offering a range of continually updated articles, recipes and videos developed from several Martha Stewart brands, including its magazine properties. The Website provides several lifestyle categories: food, entertaining, holidays, home and garden, crafts and pets. The Website also serves as a gateway to its other properties, including marthastewartweddings.com and emerils.com. The Company produces digital editions available through Barnes & Noble's Nook, Amazon's Kindle Fire and through the Zinio platform. During 2012, it built a custom storefront in Apple's iTunes, which allows it to sell subscriptions and single copies of its magazines, only for Apple's iPad products. The Company produces iPad versions of Martha Stewart Living and Martha Stewart Weddings, the latter of which was launched during 2012. During 2012, it launched the Craft Studio app available on Apple iTunes.
Merchandising
The Merchandising segment consists of the Company�� operations related to the design and branding of merchandise and related collateral and packaging materials that are distributed by its retail and manufacturing partners in exchange for royalty income. The Company�� merchandising segment contributed 29% of its total revenues during 2012. The segment consists of operations related to the design of merchandise and related packaging, collateral and advertising materials, and the licensing of various trademarks, in connection with retail programs conducted through a number of retailers and manufacturers. The Company�� Martha Stewart Living prog! ram at Th! e Home Depot is available at all of The Home Depot�� stores in the United States and Canada, as well as on www.homedepot.com and Home Decorators Collection catalog, online and retail stores. The Martha Stewart Living program at The Home Depot consists of a range of home decor, paint, storage and organization products, outdoor furniture, window treatments, kitchen cabinetry, countertops, carpet and seasonal holiday decor.
The Company�� Martha Stewart Collection at Macy�� is available at the approximately 650 Macy�� stores in the United States that offer home products, as well on www.macys.com. The Martha Stewart Collection line consists of a range of home goods, including bed and bath textiles, house wares, food preparation and other kitchen items, tabletop and holiday decorating items. Martha Stewart Crafts, a paper-based crafting program, consists of tools, embellishments, paper/albums, and other seasonal products. Martha Stewart Pets line consists of a range of pet accessories, including apparel, collars, leashes, bedding, grooming supplies and toys. The Martha Stewart Home Office line is sold at Staples in the United States and United Kingdom, on www.staples.com, and at Officeworks in Australia. The line consists of a range of home office products, including surface organization, journals, portable filing, pantry organization and the line of bags and totes.
Emerilware products by T-FAL consist of small kitchen appliances available at department stores and specialty retail outlets across the United States, as well as through the Home Shopping Network. Emerilware by All-Clad consists of lines of gourmet cookware and barbeque tools available at department stores and specialty retail outlets across the United States, as well as through the Home Shopping Network. Emeril Lagasse introduced with B&G Foods, Emeril�� Original is a line of seasonings, salad dressings, basting sauces and marinades, mustards, salsas, pasta sauces, pepper sauces, spice rubs, cooking sprays and ! stocks av! ailable at supermarkets and specialty markets across the United States, as well as through the Home Shopping Network. Emeril�� Gourmet Coffee with Timothy�� World Coffee is a single-cup coffee program consisting of flavored coffees inspired by Emeril Lagasse. The program is available in department and specialty stores nationwide, as well as in certain national hotel chains.
Emeril's Red Marble Steaks with Allen Brothers is a line of hand-selected, aged steaks. The line is available through catalog, online and the Home Shopping Network. During 2012, it launched Emeril by Snapware, which is branded food storage, on the Home Shopping Network.
Broadcasting
The Broadcasting segment consists of the Company's television production operations and its satellite radio operations. The Company�� Broadcasting business segment accounted for 9% of its total revenues during 2012. During 2012, the Company restructured the Broadcasting segment, which included the termination of its live audience television production operations. Emeril Lagasse also provides various television services for us. During 2012, Emeril Lagasse hosted a new show, Emeril's Florida, on the Cooking Channel. During 2012, it produced two seasons of a new weekly half-hour series, Martha Stewart�� Cooking School.
Advisors' Opinion:- [By Dan Caplinger]
Winning a legal battle...
Today's news involves J.C. Penney's lawsuit with Macy's (NYSE: M ) , in which a judge dismissed Macy's claim that J.C. Penney engaged in unfair competition by selling products from Martha Stewart Living (NYSE: MSO ) in store-within-store settings. The judge based his decision on J.C. Penney's past experience in creating similar store-within-store concepts based on other brands. - [By Tim Brugger]
Martha Stewart and the company that bears her name, Martha Stewart Living Omnimedia (NYSE: MSO ) , have agreed to amend her employment agreement signed in 2009, reducing Stewart's annual base salary by $200,000 to $1.8 million, according to a recent SEC filing. Stewart's lower annual salary became effective on July 1 and will remain in force until June 30, 2017.
Top Life Sciences Companies To Invest In 2014: Penske Automotive Group Inc.(PAG)
Penske Automotive Group, Inc. operates as an automotive retailer. It sells new and used vehicles of approximately 40 vehicle brands; offers vehicle maintenance and repair services; and engages in the sale and placement of third-party finance and insurance products, third-party extended service contracts, and replacement and aftermarket automotive products. As of December 31, 2011, the company operated 320 retail automotive franchises, of which 166 franchises were located in the United States and 154 franchises are located outside of the United States primarily in the United Kingdom. It also has operations in Puerto Rico and Germany. Penske Automotive Group, Inc. was founded in 1990 and is headquartered in Bloomfield Hills, Michigan.
Advisors' Opinion:- [By Ben Levisohn]
But just because Parker sees underperformance for consumer stocks, doesn’t mean that some can outperform (just don’t look for consumer staples). They screened for stocks that appear set to outperform over three months and 24 months based on their quantitative models, yet are also favorites of Morgan Stanley’s fundamental analysts. Stocks that meet the criteria include Delphi Automotive, Macy’s and Penske Automotive (PAG), while stocks that fail on all criteria include J.C. Penney and VF Corp. (VFC).
Top Life Sciences Companies To Invest In 2014: FirstEnergy Corporation(FE)
Firstenergy Corp. operates as a diversified energy company. The company, through its subsidiaries and affiliates, involves in the generation, transmission, and distribution of electricity, as well as energy management and other energy-related services. It serves approximately 6 million customers within 67,000 square miles through 10 utility operating companies in Ohio, Pennsylvania, New Jersey, West Virginia and Maryland. The company was founded in 1996 and is headquartered in Akron, Ohio.
Advisors' Opinion:- [By Johanna Bennett]
FirstEnergy (FE) fell 5.7%. The power company last week narrowed its full-year outlook.
Denbury Resources (DNR) shares dropped 5.9% after oil-and-natural-gas explorer on Sunday announced that it will initiate quarterly dividend and raised its share repurchase plan to $250 million from the $109 million remaining in its program.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Utilities sector was the only gainer in the US market on Friday. Leading the sector was strength from FirstEnergy (NYSE: FE) and Wisconsin Energy (NYSE: WEC). Technology shares declined around 1.53 percent in Friday's trading. - [By Justin Loiseau]
AEP's not alone. FirstEnergy (NYSE: FE ) announced earlier this month that it plans to retire two more coal-fired power plants that currently account for a whopping 10% (2,080 MW) of its total capacity.
Top Life Sciences Companies To Invest In 2014: Banro Corp (BAA)
Banro Corporation (Banro) is a Canada-based gold exploration company. The Company holds, through four wholly owned subsidiaries, a 100% interest in four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. These properties are covered by a total of 13 exploitation permits and are found along the 210 kilometer-long Twangiza-Namoya gold belt in the South Kivu and Maniema Provinces of eastern Democratic Republic of the Congo (DRC). The Company also holds 14 exploration permits covering an aggregate of 2,638 square kilometers. Its 10 of the permits are located in the vicinity of the Company's Twangiza property and four are located in the vicinity of the Company's Namoya property. During the year ended December 31, 2011, the Company was engaged in the construction of the Company�� Twangiza Phase I oxide mine, and continued its exploration activities at its Twangiza, Namoya and Lugushwa properties. Advisors' Opinion:- [By Bryan Murphy]
Looking for a couple of long (bullish) trading ideas on a day when the market is dragging pretty much everything lower? There are two names that fit the bill...CombiMatrix Corp. (NASDAQ:CBMX) and Banro Corporation (NYSEMKT:BAA). CBMX is an "almost" small cap stock that deserves a place on your watchlist while we wait for it to do one more thing. Meanwhile, BAA is something worth going ahead and taking a swing on now, not despite the market's tumble, but because of it.
- [By Bryan Murphy]
With the weekend just around the corner - and with folks looking to close the books on what's been a miserable week - most traders have already closed shop and gone home. Big mistake. Some of the best trades I've ever found were uncovered when nobody else cared, or was interested. Enter Banro Corporation (NYSEMKT:BAA)... a name I stumbled cross today when few other were even looking. I think BAA could be an explosive bullish mover over the course of the next few weeks. Though I don't want to get married to it, I sure wouldn't mind dating it for a while.
- [By Anthony Mirhaydari]
I’ve added shares of BVN to my Edge Letter Sample Portfolio.
Breakout Gold Stocks to Buy: Banro (BAA)
Click to Enlarge Banro (BAA) is a gold mining outfit with operations in the Democratic Republic of the Congo. The company recently announced a 15% increase in gold production in the fourth quarter thanks to expansion and efficiency gains at its Twangiza facility.
Top Life Sciences Companies To Invest In 2014: MS Structured Asset Corp Saturns GE Cap Corp Series 2002-14 (MKS)
MKS Instruments, Inc., together with its subsidiaries, provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze parameters of manufacturing processes worldwide. It offers instruments and control systems, such as pressure measurement and control, materials delivery, gas composition analysis, and control and information technology products. The company also provides power and reactive gas products comprising power delivery, reactive gas generation, processing thin films, and equipment cleaning products; and vacuum products, including vacuum containment components, vacuum gauges, vacuum valves, effluent management subsystems and custom stainless steel chambers, vessels, and pharmaceutical process equipment hardware and housings. Its products are used in the semiconductor processing steps, such as depositing thin films of material onto silicon wafer substrates, and etching and cleaning circuit patterns; manufacture of f lat panel displays, light emitting diodes, solar cells, data storage media, and other coatings, including architectural glass; energy generation and environmental monitoring processes, such as nuclear fuel processing, fuel cell research, greenhouse gas monitoring, and chemical agent detection; medical instrument sterilization; consumable medical supply manufacturing; and pharmaceutical applications. In addition, the company offers maintenance and repair, software maintenance, installation, and training services. It serves semiconductor capital equipment and device manufacturers, thin film capital equipment manufacturers, energy generation, environmental monitoring, and manufacturing companies, as well as government, universities, and industrial research laboratories. The company sells its products primarily through its direct sales force, as well as through sales representatives and agents. MKS Instruments, Inc. was founded in 1961 and is headquartered in Andover, Massachuse tts.
Advisors' Opinion:- [By Namitha Jagadeesh]
Royal Bank of Scotland Group Plc (RBS) slipped 7.2 percent for the worst performance on the FTSE 100. Marks & Spencer Group Plc (MKS) paced a decline among retailers. BT Group Plc (BT/A) climbed 1 percent after Citigroup Inc. raised its recommendation on the shares.
- [By Sofia Horta e Costa]
Marks & Spencer (MKS) Group Plc climbed the most in three weeks after posting sales growth that exceeded projections. Ashmore Group Plc jumped the most in almost 4 1/2 years as the assets under its management increased. Eurasian Natural Resources Corp. dropped 4.7 percent after a report that its chairman has threatened to quit. Evraz Plc declined the most since November 2011 as it refrained from announcing a final dividend for 2012.
- [By Jonathan Morgan]
Marks & Spencer Group Plc (MKS), the U.K.�� largest clothing retailer, advanced 4.5 percent to 509 pence after reporting the smallest decline in general-merchandise sales in more than two years. Sales at stores open at least a year fell 1.3 percent in the quarter ended Sept. 28, M&S said. That beat the median estimate of 17 analysts for a 1.5 percent drop.
Top Life Sciences Companies To Invest In 2014: Nokia Oyj (NOK)
Nokia Corporation (Nokia) has three operating segments: Devices & Services; NAVTEQ, and Nokia Siemens Networks. Devices & Services is responsible for developing and managing the Company�� portfolio of mobile products, as well as designing and developing services, including applications and content. NAVTEQ is a provider of digital map information and related location-based content and services for mobile navigation devices, automotive navigation systems, Internet-based mapping applications, and government and business solutions. Nokia Siemens Networks provides mobile and fixed network infrastructure, communications and networks service platforms, as well as professional services and business solutions, to operators and service providers. In April 2010, the Company completed the acquisition of Novarra, Inc. and MetaCarta Inc. In September 2010, Nokia acquired Motally, Inc. In December 2010, Renesas Electronics Corporation acquired Nokia�� Wireless Modem business. In August 2012, the Company sold a portfolio consisting of over 500 patents and patent applications worldwide to Vringo Inc.
Mobile Phones
Nokia produces a range of mobile phones based on the Series 30 and Series 40 operating systems. These products have voice capability, basic messaging and calendar features, and, increasingly, color displays, radios, basic cameras and Bluetooth functionality. Series 30-based mobile phones do not provide Internet connectivity, access to Ovi or offer opportunities for application development by third parties. During 2010, its portfolio of Series 30-based mobile phones included the Nokia 1616, equipped with a long-lasting anti-dust keypad, frequency modulation (FM) radio, a flashlight, and a display that makes viewing information on the small screen easier. Its Series 40 operating system powers the mobile phone models and supports more functionalities and applications, such as Internet connectivity and access to its services.
Series 40 is open to third-party developers! to build Java and Adobe Flash Lite applications and content, which they can make available through the Ovi Store. It combines a touchscreen and a traditional phone keypad, is equipped with a five megapixel camera, quad-band for voice calling and third generation (3G), high speed packet access (HSPA) and wireless fidelity (WiFi) connectivity for data in a bushed aluminum finish. Other additions to the Company�� portfolio included the Nokia C3 Touch & Type, a stainless steel device, which also combines the touch screen and traditional phone keypad, and the Nokia 2690, memory card slot, and which gives access to Ovi Mail and features an FM radio and video graphics array (VGA) camera. It is also incorporating some of the software features and related services popular in its smartphones into the Series 40-based mobile phones. These include the new Ovi Web browser, which is based on the browser technology. It also offers Ovi Mail, a free e-mail service designed for users in emerging markets with Internet-enabled devices.
Smartphones
Nokia�� smartphones are based on the Symbian operating system, which supports an array of functionalities and provides opportunities for the development of applications and content by third parties. During 2010, Nokia also offered a product built on the Linux-based Maemo operating system. The Company makes smartphones for a range of consumer groups, offering Internet access, entertainment, location-based and other services, applications and content. With smartphones, its product categories include music players, cameras, pocketable computers, gaming consoles and navigation devices.
During 2010, the Company introduced a family of smartphones based on a new generation of the Symbian operating system. These were the Nokia N8, a smartphone crafted from anodized aluminum and available in a range of colors, and which offers imaging, video and entertainment capabilities; the Nokia C7, a sleek, full-touch smartphone crafted from stainless stee! l and gla! ss that is designed to appeal to social networkers; the Nokia C6-01, a smaller, full-touch smartphone that features Nokia ClearBlack display technology for outdoor visibility; and the Nokia E7, a business smartphone equipped with a full keyboard and 4-inch touchscreen display also featuring Nokia ClearBlack technology.
During 2010, the Company introduced a number of models based on the Symbian operating system, including the Nokia C6-00, a messaging-optimized smartphone with a 3.2-inch high definition (HD) touchscreen display, a slide out four-row QWERTY keyboard and a five megapixel camera; and the Nokia E5, a messaging-optimized QWERTY smartphone that builds on the Nokia E71 and Nokia E72. The Company also manufactures and sells luxury mobile devices under the Vertu brand. Vertu has more than 600 points of sale globally, including more than 90 Vertu boutiques, in almost 70 countries worldwide.
NAVTEQ
NAVTEQ Corporation (NAVTEQ) offers context and geographical services through Ovi Maps to a range of location-based services, such as pedestrian navigation, traffic and public transport information, local services and city guides, integration with social networks and contextual advertising. In January 2010, Nokia introduced a new version of Ovi Maps for its smartphones, which includes navigation to the user, and it is using NAVTEQ�� digital map information and related location-based content in this offering. This new version of Ovi Maps includes car and pedestrian navigation features, such as turn-by-turn voice guidance. During 2010, the Company�� NAVTEQ launched its new advanced mapping collection technology, NAVTEQ True. During 2010, its NAVTEQ launched Natural Guidance, a product to enable guidance in a human manner through the use of descriptive reference cues.
NAVTEQ�� map database enables the Company�� customers to offer navigation, route planning, location-based services and other geographic information-based products and services to con! sumer and! commercial users. NAVTEQ provides its database to mobile device and handset manufacturers, automobile manufacturers and dealers, navigation systems manufacturers, software developers, Internet portals, parcel and overnight delivery services companies and governmental and quasi- governmental entities, among others. The products and services incorporating NAVTEQ map data include Advanced Driver Assistance Systems, Dynamic navigation, Route planning, Location-based services and Geographic information systems. Advanced Driver Assistance Systems are in-vehicle applications that require geographic data, such as curve, slope, speed limits and highly detailed geometry. Dynamic navigation is real-time, detailed turn-by-turn route guidance, which can be provided to end-users through vehicle navigation systems, as well as through Global Positioning System (GPS)-enabled handheld navigation devices, and other mobile devices.
Route planning consists of driving directions, route optimization and map display through services provided by Internet portals and through computer software for personal and commercial use. Location-based services include location-specific information services, providing information about people and places that is tailored to the proximity of the specific user. The applications using NAVTEQ�� map database include points of interest locators, mobile directory assistance services, emergency response systems and vehicle-based telematics services. Geographic information systems render geographic representations of information and assets for management analysis and decision making. In addition, NAVTEQ has a traffic and logistics data collection network in which it processes traffic incident and event information, along with traffic flow data collected through its network of roadside sensors and from GPS data records from Nokia devices and other NAVTEQ customers, in order to provide detailed traffic information to radio and television stations, in-vehicle and mobile navigation systems! , Interne! t sites and mobile device users.
NAVTEQ�� map database is a representation of road transportation networks in Europe, North America, Australia, Asia and other regions around the world. This database offers geographic coverage, including data at various levels of detail for 84 countries on six continents, covering more than 19 million miles of roadway worldwide. The most detailed coverage includes road, route and related travel information, including attributes collected by road segment that are essential for routing and navigation, such as road classifications, details regarding ramps, road barriers, sign information, street names and addresses and traffic rules and regulations. In addition, the database includes over 50 million points of interest, such as airports, hotels, restaurants, retailers, civic offices and cultural sites.
Nokia Siemens Networks
Nokia Siemens Networks has three business units: network systems; global services; and business solutions. Nokia Siemens Networks is jointly owned by Nokia and Siemens. Nokia Siemens Networks is a provider of telecommunications infrastructure hardware, software and professional services globally. Nokia Siemens Networks��customers include network operators, such as Bharti Airtel, Deutsche Telecom, France Telecom, Telefonica O2 and Vodafone, as well as service providers, such as Unitech and XO Communications. Nokia Siemens Networks has a products and services portfolio designed to address the needs of communication service providers. Nokia Siemens Networks provides its products and services to more than 600 communication service providers in over 150 countries and has systems serving in excess of 1.5 billion subscribers.
Network systems offers communication service providers both fixed and mobile network infrastructure, including Nokia Siemens Networks��Flexi Multiradio base stations, a software defined radio supporting global system for mobile (GSM), 3G and LTE radio technologies, packet product! s, optica! l transport systems and broadband access equipment. For wireless networks, Network Systems develops and manufactures GSM/EDGE and WCDMA/HSPA radio access networks for network operators. It also develops products, such as I-HSPA and new technologies, such as LTE to support the uptake of mobile data services. For fixed line networks, Network Systems focuses on transport networks. Network Systems provides the fundamental elements for high-speed transmission through optical and microwave networks, including packet-oriented technologies, such as Carrier Ethernet and traditional protocols, such as time-division multiplexing (TDM).
Global services business unit offers network operators a range of professional services, including network planning and optimization, the management of network operations and the care and maintenance of software and hardware, and a range of network implementation and turnkey solutions. As of December 31, 2010, 180 million global subscribers were managed througt Nokia Siemens Networks��global delivery hubs. Global services consists of three businesses, which include managed services, which offers network planning and optimization and the management of network operations, with the market share position in India, Latin America and the Middle East and Africa; care, which offers software and hardware maintenance, proactive and multi-vendor care and competence development services, dealing with one million global hardware service transactions, and network implementation, which offers project management and turnkey implementations and energy efficient sites, remotely activating a site every two minutes, 365 days per year.
Business solutions offers products to communication service providers for business and operations support systems and customer experience management, such as charging and billing software, service management software and subscriber database management, and products that enable enhancement and delivery of services across multiple networks and d! evices an! d convergent service control and network security, together with services related to consulting, product implementation, support and care, systems integration and managed services. Business solutions offer products for five areas, as well as services relating to consulting, product implementation, support and care, systems integration and managed services includes business support systems; operations support systems; customer experience management; service enablement and delivery, and converged service control.
The Company competes with Google, HTC, LG, Motorola, Samsung, Sony Ericsson, Apple, Tele Atlas, CISCO, NEC and Motorola.
Advisors' Opinion:- [By Tim Brugger]
Coined the "most social Asha yet," Nokia's (NYSE: NOK ) latest Wi-Fi-compatible Asha 210 phone includes the mobile industry's first WhatsApp button, the company announced today. In addition to the dedicated WhatsApp feature, the device is available with either single or dual SIM variants, a QWERTY keyboard, and a pre-loaded YouTube launcher.
- [By Anders Bylund]
What's the secret sauce?
Can we pin this fantastic performance on the fact that Finnish company Nokia (NYSE: NOK ) ruled the mobile world in the first decade of widespread cell-phone use? While Nokia clearly raised local interest in all things mobile and digital, I think the real reasons run far deeper. It's the story of a well-governed nation that created the right environment for innovation and creativity. The sometimes unfortunate geographical situation, where southerly capital Helsinki sits on about the same latitude as Anchorage, Alaska, also seems to help in a strange manner. - [By David Zeiler]
"In the last several months, Microsoft has unveiled a sweeping corporate restructuring ... has said that longtime CEO Steven A. Ballmer will retire ... and announced a $7.2 billion deal involving the mobile-devices unit of Nokia Corp. (NYSE ADR: NOK)," Robinson said.
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