Nokia presents new plan, with upped cost savings, higher div

(Telecompaper) During its Capital Markets Day presentation, Nokia outlined its vision and strategic priorities for the company going forward and set a number of new financial targets, as well as plans to substantially grow its dividend. The company also upped its cost savings goals to EUR 1.7 billion from its previous guidance of 1.2 billion. Nokia said that the upped figure reflect a more challenging than expected market environment and the implementation of additional transformation initiative