Consumer Business Report: Nokia Cuts LUMIA 800 PRICE, Ford EXPORTS From India
Nokia Corporation (NYSE:NOK) has reduced the price of its midrange Lumia 800 Windows phones by 15 percent, while making smaller cuts to other models which run the OS. The price cuts are not completely surprising, as the two devices which debuted Wednesday that run on Windows 8, included the “budget-friendly” Lumia 820.
Don’t Miss: Is Nokia’s Stock a Buy with the New Catalyst?
A Ford Motor Company (NYSE:F) executive says that the company will soon transport engines it builds in India overseas for the first time. Following a $2 billion investment in that country, Ford will possess the capacity by the year 2015 to construct 450,000 vehicles and 600,000 engines to sell and also export.
Qantas Airways Ltd. (QUBSF.PK) and Emirates Airline proposal to partner could be a disrupter in the sector. The 10-year arrangement would move beyond code-sharing to include cross-selling of seats on each other’s flights. Additionally, Delta Air Lines, Inc. (NYSE:DAL) and Deutsche Lufthansa (DLAKY.PK) might well object to the high level of subsidies that Emirates receives from the Dubai government as the carrier enlarges its footprint.
Don’t Miss: Ford and GM Both SURGE in US and China.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>