Nokia on Wednesday declined to comment on a report on website BGR that it was set to begin talks with Microsoft Corp about the possible sale of the Finnish company's cell phone business.

Nokia shares turned positive in late trade after falling to their lowest in more than 13 years, after the company warned on Tuesday second-quarter sales would be substantially lower than a previous forecast and abandoned its full-year outlook.

(Reporting by Helsinki Newsroom; Editing by David Holmes)

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