It seems that Stephen Elop's financial measures may finally be having the desired effect as Nokia records its first sub-billion dollar quarterly loss for a year.

ENGADGET: Nokia's Q3 2012: $9.4 billion in sales, 2.9 million Lumias sold and losses trimmed to $754 million

In his 91-page ruling, Lamb noted that Huntsman had recently reported a string of disappointing quarterly results after the agreement, but nonetheless had not suffered a material adverse effect that would excuse the parties from executing the agreement.

FORBES: Market Scan