Tuesday, 12 July 2011

News bulletins

San Franscisco based mutual funds company Dodge & Cox flagged in Nokia (OMX: NOK1V) this morning. Elcoteq (OMX: ELQAV) pushes back the publication of its quarterly report by around a month , presumably to give the last gasp try to solve the company's liquidity crisis a chance. The company also said that François Pauly resigns from board of directors effective immediately.

Purchase to Pay (P2P) software solutions top-dog Basware’s (OMX: BAS1V) latest quarterly report filed last Friday was a disappointment. After a run of positive surprises, investors were expecting faster growth pace. Telecommunications firm Telenor(OSE:TEL , NASDAQ:TELNF) said on the same day that it is buying fibre companies LOS Bynett AS and Bynett Privat AS from Agder Energi for 300 million NOK.

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