Nokia, Alcatel Surge: Bernstein Likes ‘Disciplined Execution’ in Advance of Merger

Tech Trader Daily
By Tiernan RayJul 30, 2015, 10:44 am90 pts
Shares of telecom equipment vendors Nokia (NOK) and Alcatel-Lucent (ALU), which in April announced they will merge, are both jumping after reporting lower-than-expected Q2 revenue but beating on the bottom line. Alcatel shares are up 21 cents, or almost 6%, at $3.76, Nokia shares are up 40 cents, or 6%, at…

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