In this edition, Rocket Companies ready for recovery; Tencent poised to win; European banks reaping high interest rates without the risk; and Nokia, SLB, and Crown Holdings.

Finland-based Nokia Corp. acquired a majority stake in Alcatel-Lucent in January 2016. Having completed the sale of its mobile device business to Microsoft in April 2014, Nokia is now primarily a network communications equipment provider. The company has realigned its operating model to four main divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.

U.S. stocks were mixed on Thursday as investors digested positive retail data and company earnings. Monthly spending was up 0.4% from August. The Labor Department reported that jobless claims came to 241,000, down 19,000. The Dow was up 0.4% to close at a record high, while the Nasdaq and the S&P 500 were nearly flat.

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.