Nokia Posts Q4 Loss On US Tax Charge; Sees Higher Earnings In 2020; Stock Climbs

Finland-based Nokia corp. reported Thursday a loss in its fourth quarter, compared to prior year's profit, hurt mainly by charges related to US tax changes, while operating margin improved. Looking ahead, the company projects lower profit in fiscal 2018, but higher profit in fiscal 2010. The company also lifted its dividend. In Finland, Nokia shares were gaining around 9 percent.

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