As money flows out of emerging markets on fears about an end to the U.S. Federal Reserve’s bond-buying program, frontier markets have enjoyed something of a renaissance – but there can be “huge problems” for intrepid investors, analysts told CNBC. The MSCI frontier markets index – which consists of companies […]
Author: InvestAdvocate
Nokia to sell handset business to Microsoft for $7.2 billion
Two years after hitching its fate to Microsoft’s Windows Phone software, Nokia collapsed into the arms of the U.S. software giant on Tuesday, agreeing to sell its main handset business for 5.44 billion euros ($7.2 billion). Nokia, which will continue to make networking equipment and hold patents, was once the […]
Verizon, Vodafone agree $130 billion Wireless deal
Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone Group out of its U.S. wireless business, signing history’s third largest corporate deal announcement to bring an end to an often tense 14-year marriage. The deal in cash and stock will give Verizon full access to the profits […]
