The Supreme Court in India starts hearing of the appeal dislodged by Nokia in efforts to overturn the running by a lower court in Delhi. The company is fighting tax crime allegations and its believes that the Delhi High Court issued “new conditions” for the transfer of the company’s assets in the country to Microsoft Corporation (ADR) (NASDAQ:MSFT). Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.50 in last session, and closed at $7.59, while the day range of NOK stock is $7.45 – $7.59. The stock showed a negative weekly performance of -0.39%.
Steven Mollenkopf, chief executive officer of Qualcomm Inc. (NASDAQ:QCOM), said Qualcomm Inc (NASDAQ:QCOM) has plenty of growth avenues, with the mobile-phone industry still early in providing consumers with what they want and emerging markets just beginning to migrate to more advanced wireless technology. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $74.62, in last session and closed at $73.63, by losing -1.75%. The 52 week range of QCOM is $59.02 – $76.75. Company’s market capitalization is $124.51billion.
Alcatel-Lucent SA (ADR) (NYSE:ALU) is becoming one of the best turnaround stories and the management deserves full credit for its hard work. Not long ago, the company was going through one of the worst periods of its life and there were fears that it may go bankrupt. Alcatel Lucent SA (ADR) (NYSE:ALU) stock decreased -2.57% and finished the last session at $4.17. The EPS of the stock remained -1.61. Company’s market capitalization is $10.01billion.
Westell Technologies, Inc. (NASDAQ:WSTL) said it has signed Winncom Technologies as an authorized distributor in the Westell Technologies, Inc. (NASDAQ: WSTL) Independent Reseller Network partner program. Westell Technologies Inc. (NASDAQ:WSTL) stock opened the session at $4.25, and closed the session at $4.48. The 52 week range of the WSTL stock remained $1.75 – $4.90 and the day range was $4.07 – $4.58.
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