Inside Wall Street: Suitors May Be Calling on Polycom

Polycom is a big player in a small but growing tech market: corporate videoconferencing systems. It develops and makes video-, voice-, data- and Web-conferencing equipment systems. But what adds spice to the stock is its potent…

Stephen Elop May Not Have What It Takes to Revive Nokia

Nokia has chosen Stephen Elop to become its next CEO. But Nokia has seen its market share fall in the past three years, and Elop takes the job with virtually no experience in handsets, turnarounds, or meaningful innovation.
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Worst August Since 2006 for U.S. Video Game Sales

Last month was the worst August in four years for U.S. video game sales, according to a new NPD Group report. Revenue fell 10% from August of last year as gamers scaled back on portable-gaming purchases and turned to — often f…

Nokia Shares Jump in Extended Trading on New CEO Appointment

Nokia (NOK), the Finnish mobile phone maker, jumped in extended trading after appointing Stephen Elop as president and CEO.

Nokia rose 5.3% to $10.28 a share at 6:32 a.m., Eastern time. The shares gained 0.6% to $9.76 on Thursday.

Elop, who is curre…