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Qualcomm Delays Earnings Call

Word Count: 432 | Companies Featured in This Article: Qualcomm Qualcomm Inc. surprised investors by postponing the announcement of its fiscal third-quarter earnings until Thursday, prompting speculation that the company may be negotiating a legal settlement with cellphone giant Nokia Corp. The unexplained move, which sent Qualcomm's shares up 10% in after-hours trading, followed the postponement of a trial with Nokia, which was set to begin Wednesday morning in a federal court in Delaware. No reason for that postponement was given, either. John Gilbert, Qualcomm's vice president of investor relations, opened a conference call that was... [read full story]                    

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