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Stm benefits from the agreement between Nokia and ST-Ericsson and gains in Piazza Affari

Strong rise of STMicroeletronics in Piazza Affari, the title gains 4.22% benefiting from the agreement between Nokia and ST-Ericsson. It is the first positive data after the last period characterized by the minus sign.

Stm benefits from the agreement between Nokia and ST-Ericsson and gains in Piazza Affari

Piazza Affari reports a sharp rise in Stm. The Italian-French company benefited from Nokia's choice of ST-Ericsson, a joint venture between Stm and Ericsson, as the supplier of its next mobile phones.

By mid-morning, the company's stock gained 4,22%, to 4,8920 euros. After a last negative period, today is a real breath of fresh air.

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