Employees of Nokia Corporation (ADR) (NYSE:NOK)’s manufacturing facility at Sriperumbudur near Chennai are expected to convey their stance tomorrow as uncertainty continues about the future of the plant. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.41 on last trade day and at the end of the day closed at $7.31. Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 3.58. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -3.05%.
Standard & Poor’s cut the ratings of Brazilian state-run oil company Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) and Brazil’s largest utility Eletrobras to BBB- from BBB on Monday in line with its earlier decision to downgrade the country’s sovereign debt. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares fell -1.40% in last trading session and ended the day on $12.00. PBR return on equity ratio is recorded as 7.60% and its return on assets is 3.60%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) yearly performance is 76787%.
Verizon Communications Inc. (NYSE:VZ), operator of the nation’s largest and most reliable 4G LTE and 3G networks. WHAT: Verizon Wireless recently enhanced fourth generation (4G) Long Term Evolution (LTE) network coverage in Voluntown, Connecticut. 4G LTE empowers Verizon Wireless customers with compatible devices to surf the Web, post status updates and photos, and download files wirelessly at speeds up to 10 times faster than customers on 3G networks. Verizon Communications Inc. (NYSE:VZ) shares moved up/down -0.44% in last trading session and was closed at $47.01, while trading in range of $ 47.01 – 47.66. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is -28.40%.
Yahoo! Inc. (NASDAQ:YHOO)Japan said Thursday that it would acquire eAccess, a mobile Internet service provider, from the Japanese telecommunications giant SoftBank for 324 billion yen, or $3.2 billion. Yahoo! Inc. (NASDAQ:YHOO) weekly performance is -8.18%. On last trading day company shares ended up $35.45. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -6.54%. Analysts mean target price for the company is $40.91.
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