According to sources cited by TechRadar and The Verge, Nokia (NYSE:NOK) and AT&T (NYSE:T) will commence sales of the new Lumia 920 and 820 phones on Nov 2, a few days past the launch of Windows Phone 8 by Microsoft. According to reports, Verizon Wireless (NYSE:VZ) will also be selling WP8 devices made by Nokia, but has not provided any details. Information on pricing and launch partners for the new phones is still awaited from Nokia.
Don’t Miss: AT&T Has This Big Present for Apple.
After an assessment of free cash flow available post-split, Kraft Foods (NYSE:KFT) plans to recommend an annual dividend of $2 per share held by Kraft Foods Group shareholders.
Hedge fund heavyweights such as David Einhorn’s Greenlight Capital and Daniel Loeb’s Third Point are ramping up their holdings in Tiny BioFuel Energy (NASDAQ:BIOF). Greenlight’s recent purchase of 69,000 shares brings up its stake to over 36 percent, while Third Point bought 34,000 shares to hike its stake to almost 19 percent.