Nokia Corporation (ADR) (NYSE:NOK) has been slapped with a $414 million sales tax bill from the Tamilnadu government alleging its handsets from Chennai plant were not exported but sold in India. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.40 moved to $7.41 on last trade day and at the end of the day closed at $7.17. Company price to sales ratio in past twelve months was calculated as 0.76 and price to cash ratio as 3.56. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -4.91%.
Sprint Corporation (NYSE:S) has made a few major changes as part of an effort to reduce costs. The Kansas based telecommunications giant has laid off 330 technical consultants and shutdown 150 service and repair centres across the United States. S shares fell -0.55% in last trading session and ended the day on $9.05. Sprint Corporation (NYSE:S) return on equity ratio is recorded as -12.80% and its return on assets is -4.10
Ford Motor Co. (NYSE:F), which has three auto factories in Russia, is monitoring the sanctions against that nation for its involvement in Ukraine and hasn’t yet seen an impact on its business, the automaker’s No. 2 executive said. Ford Motor Company (NYSE:F) shares moved down -0.51% in last trading session and was closed at $15.47, while trading in range of $15.45 – $15.74. Ford Motor Company (NYSE:F) year to date (YTD) performance is 1.05%.
Brazil’s state-run oil firm Petroleo Brasileiro SA (ADR) (NYSE:PBR) said the board of its distribution subsidiary had approved the dismissal of its Nestor Cervero on Friday, according to a securities filing. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) weekly performance is 11.76%. On last trading day company shares ended up $11.59. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) distance from 50-day simple moving average (SMA50) is 1.23%. Analysts mean target price for the company is $18.67.
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