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Nokia sees Microsoft support payments higher than royalties

2013-03-07 16:55:00| Telecompaper Headlines

(Telecompaper) Nokia announced that it expects to receive more in support payments from Microsoft this year than it pays the software company for licensing its Windows Phone operating system. Nokia provided more details on the terms of the long-term cooperation in its SEC filing on 2012 results. The Finnish company said the support payments, which amounted to USD 250 million per quarter last year, will "slightly exceed" the minimum software royalties it pays Microsoft in 2013. Over the life of the contract, the reverse is true. Nokia said royalties are expected to exceed support payments by around EUR 500 million over the remaining life of the contract. In its SEC filing, Nokia also reiterated its longer-term financial targets. For its Devices & Services business, Nokia targets net sales to grow faster than the market and an adjusted operating margin of 10 percent or more. Longer-term, Nokia Siemens Networks continues to target an adjusted operating margin of 5-10 percent.

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Ruckus Puts Higher Speed, Multi-Band Wi-Fi Into Hotel Walls

2013-03-07 05:54:33| dairynetwork News Articles

Ruckus Wireless, Inc.(NYSE:RKUS) today announced the launch of its dual-band concurrentZoneFlex™ 7055Wi-Fi wall switch, the first of its kind in the world

Tags: hotel speed higher walls

 
 

Microsoft's $731 million fine could have been higher

2013-03-06 15:04:24| InfoWorld: Top News

Europe's antitrust chief on Wednesday announced a substantial 561 million ($731 million) fine on Microsoft, but it could have been even higher, he said.

Tags: fine million higher microsofts

 

Under Armour Stock Analysis: An Impressive Growth Stock With Catalysts To Go Higher

2013-03-05 17:15:55| Footwear - Topix.net

I will quickly preface this article with the real life story that inspired me to embark on the research and stock analysis written below.

Tags: stock analysis higher growth

 

TSX to head higher as China reaffirms growth target, Scotiabank beats forecasts

2013-03-05 16:49:40| Telecom - Topix.net

The Toronto stock market was higher as reassurances that China will stick to its economic growth target for the year boosted commodities and resource stocks.

Tags: china head higher growth

 

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