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Nokia shares fall despite meeting fourth-quarter profit targets

Finnish telecommunications equipment manufacturer Nokia announced Thursday it will recommend Timo Ihamuotila to take over as board chairman from Sari Baldauf, who plans to leave the position she has held for the past five years. The leadership transition comes as the company met its fourth-quarter profit targets, though investors responded negatively, sending Nokia’s stock down […]

Nokia shares fall despite meeting fourth-quarter profit targets