Nokia shares fall as IPCom threatens to shut down German sales

Shares of Nokia, the worlds biggest cell phone maker, dropped almost three percent in an otherwise positive stock market on Nov 1 when IPCom exclusively told Reuters it was confident of winning a long patent fight that could stop Nokias phone sales in a key German market. The Financial Times said the next day that Nokias shares dropped as a result of the IPCom story, and Finlands Kauppalehti said the same. Bloomberg reported on the story four hours later and took eight hours to fully match it, while local competitors and a string of other media outlets quoted Reuters for the news.