{"id":29318,"date":"2012-06-09T16:53:28","date_gmt":"2012-06-09T20:53:28","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29318"},"modified":"2012-06-09T16:53:28","modified_gmt":"2012-06-09T20:53:28","slug":"takeover-speculation-gives-nokia-the-biggest-uptick-in-7-months","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/06\/09\/takeover-speculation-gives-nokia-the-biggest-uptick-in-7-months\/","title":{"rendered":"Takeover Speculation Gives Nokia the Biggest Uptick in 7 Months"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v20187cfccc07f23d85aea30af9d34cd6aa48dc54&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v20187cfccc07f23d85aea30af9d34cd6aa48dc54&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Nokia jumped as much as 11% intraday on takeover speculation and this is the largest upside move in 7 months. Market is flooded with chatter that Finland based phone maker Nokia will receive an offer from either Microsoft or Samsung Electronics, so let&#8217;s talk about it.There is no tangible evidence any bidding is happening. The Korea based Samsung is a pioneer in making smart phones and Nokia doesn&#8217;t complement what it does. Microsoft, on the other hand, might be looking for a handset partner for the Windows Phone 7, but Nokia is probably not first one it reaches out to.Nokia share prices declined 41% YTD. Its market share has been eaten away by the iPhone since 2007, and later was further attacked by other smart phones running Google&#8217;s Android software, so unfortunately, it&#8217;s no longer a competitive producer.For those of you trading this space, I&#8217;d like to hear from you. You can send in your comments to our show or tweet me (@juliasun_onair). I&#8217;m Julia Sun for the Financial News Network.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/06\/09\/1_g32dxtne_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/06\/09\/1_g32dxtne_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nokia jumped as much as 11% intraday on takeover speculation and this is the largest upside move in 7 months. Market is flooded with chatter that Finland based phone maker Nokia will receive an offer from either Microsoft or Samsung Electronics, so let&#8217;s talk about it.There is no tangible evidence any bidding is happening. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/06\/09\/takeover-speculation-gives-nokia-the-biggest-uptick-in-7-months\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Takeover Speculation Gives Nokia the Biggest Uptick in 7 Months&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29318","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29318"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29318\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}