"BMO isn't alone in assigning zero value to the company's core mobile phone business. Analysts at Canaccord Genuity also give no credit to the money-losing operation. Some other banks have more optimistic assessments, including Nordic bank Nordea, which values the phones business at $3.5 billion.As Nokia Teeters, What's It Worth? - WSJ.com
On Friday, Moody's Investors Service slashed Nokia's credit rating to junk, citing worries about its cash position and slow sales of new Windows-based phones. Credit rating firms Standard & Poor's and Fitch Ratings made similar moves in April."
Saturday, June 16, 2012
As Nokia Teeters, What's It Worth? - WSJ.com
A time for big decisions at Nokia (and potential acquirers)