Nokia Shows Signs of Life, Morgan Stanley Races on Quarterly Report, and 3 More Hot Stocks

Nokia Corp. (NYSE:NOK): Nokia’s losses have narrowed to “just” 227 million euros, from 1.41 billion last year. Earnings per share of zero euros beat the consensus, which called for a loss of 0.03 euros, although revenues of 5.7 billion euros did in fact miss forecasts of 6.34 billion euros. Nokia expects third-quarter handset sales to rise over those from the second quarter, with an operating margin of -2 percent as the company started to show signs of recovery toward the end second quarter following a difficult start to the year.