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Infinera (NASDAQ:INFN) could see a potential bidding war after Nokia (NOK) agreed to acquire the company for $6.55 a share on Thursday. Infinera shares jumped 17% on the deal news.
The most significant addition was Nokia Oyj (NYSE:NOK), with 18,752,227 shares, accounting for 2.3% of the portfolio and a ...
Nokia warned there could be short-term disruption caused by the global tariff situation as the company reported a mixed first quarter of the year. It was the first earnings report since the company's ...
He also noted a 920 basis point expansion in Cloud and Network Services operating margins. Hotard addressed the acquisition of Infinera, emphasizing its potential to deliver €200 million in synergies ...
SALES FORECAST: Nokia's sales are forecast at 4.44 billion euros, according to the consensus based on estimates by 19 analysts. This compares with 4.67 billion euros a year earlier.
The firm has a market cap of $1.57 billion, a PE ratio of -13.83 and a beta of 1.63. Infinera has a 1-year low of $4.49 and a 1-year high of $6.92. The stock has a 50-day moving average of $6.64 ...
Infinera Corp. Co-Founder Jagdeep Singh speaks with Jesse Lu about how the optical systems company has innovated in its quest to lower the costs and power-consumption of the chips it makes.
Infinera stock opened at $6.64 on Friday. Infinera has a 12-month low of $4.49 and a 12-month high of $6.92. The stock has a 50-day simple moving average of $6.64 and a 200 day simple moving ...
Infinera acquisition completed during Q1, increasing Nokia's scale in Optical Networks and with hyperscalers. Integration underway with many portfolio decisions already taken. Positive momentum ...
Management noted that the Infinera acquisition will also significantly enhance capabilities in optical networking for data centers. The tariff environment could impact Q2 operating profit by €20 ...