jussi-rosendahl Archives

Nokia beats estimates and returns cash, Alcatel deal on track

October 29, 2015 publisher also-reported, angela-moon, chinese, halloween, jussi-rosendahl, leila-abboud, margot-robbie, nokia, offset-weaker, said-on-friday, suicide-squad, sweden, vault-the-new

By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) – Finnish network equipment maker Nokia reported stronger-than-expected quarterly profits as growth in China offset weaker demand in other key markets, and said it would return money to shareholders after acquiring Alcatel-Lucent . The tie-up will vault the new company into a stronger position to compete with Sweden's Ericsson and low-cost Chinese player Huawei [HWT.UL], in a market for telecom network gear where little growth and tough competition are pressing down prices

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Clash of Clans maker Supercell doubles profit

March 24, 2015 admin beach, existing-games, finnish, franchises, francisco-based, from-the-court, india, jussi-rosendahl, said-on-tuesday

By Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile game maker Supercell tripled sales and doubled core profit last year on the back of hit titles Clash of Clans, Hay Day and Boom Beach, the company said on Tuesday. Chief Executive Ilkka Paananen said in the statement that the rapid growth was thanks to users’ increased play of the company’s existing games, which it updates regularly with extended story lines and features. Supercell has managed so far to avoid the fate of San Francisco-based Zynga and Finnish rival Rovio, which have both struggled to extend their franchises beyond initial hugely popular game titles

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Moneysupermarket.com founder to sell 6.4 percent stake in firm

March 24, 2015 publisher finnish, franchises, francisco-based, jussi-rosendahl, million-pounds, moneysupermarket, said-on-tuesday, simon, simon-nixon

The founder of financial services price comparison firm Moneysupermarket.com intends to sell up to 6.4 percent of the company’s issued share capital, reducing his stake to about 10 percent. The sale of around 35 million shares in a placing could earn Simon Nixon, who founded the company in 1993, about 100 million pounds ($148.74 million), based on Moneysupermarket’s closing share price of 286 pence on Tuesday.

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Angry Birds maker bets on animated movie as profit drops

March 19, 2015 admin 110-7-million, analyst-at-ihs, angry, angry-birds, brand-on-toys, games-analyst, gave-the-latest, jussi-rosendahl, movie-project, one-hit-wonder, percent-profit, problems, rovio, success

By Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile games maker Rovio pinned its hopes on Thursday on a costly 3D movie project helping it return to growth, after a 73 percent profit drop gave the latest sign its mainstay Angry Birds brand is losing appeal. A decline in its business licensing the Angry Birds brand on toys, clothing and sweets is adding to the problems of Rovio, which has yet to repeat the success of its original slingshot-based game which became the No.1 paid mobile app of all time after its launch in 2009