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nokia outsources pension management to mercer amid industry trend
Nokia has outsourced its U.S. defined benefit pension management to Mercer Investments, shedding its in-house team amid rising costs and low profitability in corporate pensions. This move aligns with a broader trend of companies offloading pension responsibilities to external firms, allowing them to focus on core operations while OCIOs like Mercer benefit from increased assets under management.
Nokia to expand Vodafone Idea 4G network with 3300 new sites by March
Nokia is set to enhance Vodafone Idea's 4G network by deploying 3,300 new sites by March 2025, aiming to extend coverage to an additional 20 million people. The upgrade includes over 42,000 technology site enhancements and 25,000 spectrum expansions, with significant progress already made in these areas.
edge computing in healthcare market poised for rapid growth and innovation
The edge computing in healthcare market is projected to grow from $3.81 billion in 2023 to $10.60 billion by 2028, driven by the rise of telehealth services, wearable health technology, and the need for real-time data processing. Key players like Nvidia are innovating with AI platforms to enhance patient outcomes and operational efficiency. Major trends include the integration of AI, expansion of the Internet of Medical Things, and advancements in virtual healthcare services.
Vi's Chief Technology and Strategy Officer, Mathan Babu Kasilingam, has stepped down, expressing pride in his tenure and optimism for the company's future. His leadership in cybersecurity and compliance was pivotal as Vi secured multi-billion dollar deals with Ericsson, Nokia, and Samsung to enhance its 4G network and initiate 5G services.
UBS shares reach new high amid positive market outlook and analysis
UBS shares reached a new high of 28.18 francs, currently priced at 30.27 euros, reflecting a 0.72% increase and an impressive 8.65% gain over the past month, showcasing strong investor confidence. In a recent analysis, UBS raised its price target for Nokia from EUR 3.55 to EUR 4.00 while maintaining a "Hold" rating, indicating cautious optimism about the company's prospects.
UBS raises Nokia target price to four euros maintains neutral rating
UBS has increased its target price for Nokia from 3.55 to 4.00 euros while maintaining a "Neutral" rating. Analyst Francois-Xavier Bouvignies noted that the company's strong cost management offsets the challenges in the current market.
UBS raises Nokia target price to four euros while maintaining neutral rating
UBS has increased its target price for Nokia from 3.55 to 4.00 euros while maintaining a "Neutral" rating. Analyst Francois-Xavier Bouvignies noted that the company's strong cost management helps offset challenges in the market.
UBS raises Nokia target price to four euros while maintaining neutral rating
UBS has increased its target price for Nokia from €3.55 to €4.00 while maintaining a "Neutral" rating. Analyst Francois-Xavier Bouvignies noted that the company's strong cost management offsets the challenges in the current market. As of October 18, 2024, Nokia's stock is trading around €4.07, reflecting a 3.45% increase.
UBS raises Nokia price target to 4 euros maintains neutral rating
UBS has increased its price target for Nokia from €3.55 to €4.00 while maintaining a "Neutral" rating. Analyst Francois-Xavier Bouvignies noted that the company's strong cost management offsets the challenges in the current market.
ubs raises nokia target price amid slow recovery and structural concerns
UBS has raised its target price for Nokia from €3.55 to €4 while maintaining a 'neutral' rating, following the company's third-quarter results. Despite concerns over slow recovery and structural issues, strong margin resilience and a focus on data centers present growth potential.
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