Nokia Corporation (ADR) (NYSE:NOK) X series seems to have hit the sweet spot with respect to its traditional markets like India and China. The handset has received reported pre-orders for 10 million handsets from China. The handset seems to have rekindled the appeal of the Nokia brand which is still well known and respected in many countries around the world. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $111 moved to $7.44 on last trade day and at the end of the day closed at $7.34. Company price to sales ratio in past twelve months was calculated as 0.80 and price to cash ratio as 3.68. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 1.66%.
Calls are changing hands at a faster-than-usual clip in Verizon Communications Inc.’s (NYSE:VZ) options pits with volume running at a 14% mark-up to the intraday average. Although VZ hasn’t traded north of the $50 mark since late November, one speculator is betting on a breakthrough above this round-number mark over the next two-plus months. Verizon Communications Inc. (NYSE:VZ) shares advanced 0.32% in last trading session and ended the day on $47.57. VZ return on equity ratio is recorded as 32.60% and its return on assets is 4.60%. Verizon Communications Inc. (NYSE:VZ) yearly performance is 2.39%.
Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOG) recently offered some good news and bad news, respectively, for email users concerned about the privacy of their data. On Friday, Microsoft announced an email privacy policy change after it was widely criticized for snooping in the Hotmail inbox of a reporter who had leaked several early screenshots of Windows 8. Although Microsoft’s actions were permissible under its terms of service, the software giant was criticized by privacy advocates and others for its unilateral decision to invade the privacy of one of its email accountholders. However, the company has taken the criticism to heart and recently announced that it would be implementing changes to its terms of service. Microsoft Corporation (NASDAQ:MSFT) shares moved up 1.71% in last trading session and was closed at $40.99, while trading in range of $40.40-$41.50. Microsoft Corporation (NASDAQ:MSFT) year to date performance is 10.40%.
Oracle Corporation (NYSE:ORCL) wants to keep growing. It does not want to be known as just a database company. Oracle is of course the clear leader in the RDBMS market and its Oracle RDBMS has a 40% market share. But it is also a software provider and owns the iconic Java platform. It also wants to be a cloud provider and NoSQL database provider. Oracle Corporation (NYSE:ORCL) weekly performance is 7.15%. On last trading day company shares ended up $40.91. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average is 7.60%. Analysts mean target price for the company is $40.49.
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