[Reuters] Worries mount as Nokia burns through cash

Posted by: UGN Security

[Reuters] Worries mount as Nokia burns through cash - 05/18/12 06:06 AM

LONDON/HELSINKI, May 18 (IFR/Reuters) - Nokia Oyj is tearing through its cash reserves at an unsustainable rate, raising what some analysts say are serious questions about the struggling Finnish phone maker's ability to stabilize its finances in the months ahead.