Technology Stocks

Nokia Oyj (NYSE: NOK) To Revise Financial Guidance, Oxbridge Re Holdings Ltd (NASDAQ: OXBR) back in the news

Nokia Oyj (NYSE: NOK) stated that the company would update its financial for 2021. In addition, the company grew its business operations from strength to strength by enhancing its expectations throughout the year. 

The corporate giant plans to raise its business performance bar. In addition, the company has plans to revamp its ranges for 2021.

Nokia Oyj to declare financial results in July

In a statement, the company announced that it would declare its financial results on 29 July 2021. In addition, the company has proposed to host a conference. Analysts and investors will gather under one roof to discuss and analyze the Q2 performance. Furthermore, the attendees will discuss the companies business plans.  

An official from the company makes a statement

“We are progressing well with our three-phased plan to achieve sustainable, profitable growth and technology leadership laid out at our Capital Markets Day in March. Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets. We continue to expect some headwinds in the second half as we have previously highlighted but our performance in the first half provides a good foundation for the full year,” said Pekka Lundmark, Nokia President, and CEO.

The technology creation company is inclined towards designing and developing capabilities required for a productive, sustainable, and inclusive world.

Oxbridge Re Holdings Ltd (NASDAQ: OXBR) ordinary shares partly acquired by Custodian Ventures LLC Announces 

Oxbridge Re Holdings Ltd (NASDAQ: OXBR) is back in the news. In association with its affiliates, Custodian Ventures LLC made it official that the company has acquired close to 9.9% of the ordinary shares outstanding of Oxbridge Re Holdings Ltd. 

“We have made a significant investment in Oxbridge Re because we believe the Company presents shareholders an exciting opportunity for meaningful value creation. I look forward to continuing to constructively engage with management and the Board of Directors to actively explore potential strategic options to maximize value for all Oxbridge Re shareholders,” David E. Lazar, Chief Executive Officer of Custodian Ventures, said in a statement. 

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