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…

Larry Ellison’s Endgame: Buy HP to Fight IBM?

Now that Oracle CEO Larry Ellison has HP’s Mark Hurd, he could be getting ready to make his next move — and go for all of HP. Sounds crazy, but at least one respected tech analyst thinks it’ll happen. And he notes that Ellison…