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Nokia to buy Comptel for $370 million

  Bloomberg Nokia Oyj agreed to buy Comptel Oyj for 347 million euros ($370 million) to add technology that helps phone carriers manage their networks, part of a push into software and services as network-gear sales sputter. Comptel shareholders will get 3.04 euros a share in cash, Espoo, Finland-based Nokia said in a statement Thursday. That’s 29 percent more than ...

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UK house buyers lose interest as weak supply represses market

  Bloomberg Interest from UK house buyers slipped to a five-month low in January amid waning affordability and a diminishing supply of properties for sale. The Royal Institution of Chartered Surveyors said its measure of new buyer inquiries fell to 5 percent from 6 percent a month earlier. That came as instructions from sellers also declined, remaining in negative territory ...

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Thyssenkrupp drops on negative free cash flow

  Bloomberg Thyssenkrupp AG, the German steelmaker in the midst of a corporate transformation, dropped the most in three months after reporting negative free cash flow widened in the first quarter. While the company posted better-than-expected fiscal first-quarter profit as steel prices recovered, negative free cash flow before mergers and acquisitions doubled to 1.74 billion euros ($1.86 billion) due to ...

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