The sale of Nokia Corporation (ADR) (NYSE:NOK) handset division to the world’s largest software maker, Microsoft Corporation, overcomes one of the key hurdles after Chinese authorities gave the green signal for the pending deal. The transaction was supposed to be closed by the end of March but got delayed due to regulatory and legal obstacles from certain antitrust authorities in Asia. However, it is expected to be complete by the end of this month. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.68 on last trade day and at the end of the day closed at $7.81. Company price to sales ratio in past twelve months was calculated as 0.87 and price to cash ratio as 4.04. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 2.36%.
Groupon Inc (NASDAQ:GRPN) used various tools to keep top executives from bolting as it rebooted last year after founder Andrew Mason was forced out as CEO. Groupon Inc (NASDAQ:GRPN) shares advanced 0.68% in last trading session and ended the day on $7.42. GRPN return on equity ratio is recorded as -12.40% and its return on assets is -4.80%. Groupon Inc (NASDAQ:GRPN) yearly performance is 21.44%.
Yahoo! Inc. (NASDAQ:YHOO) may be close to hiring a revenue chief as it looks to boost sales amid the imminent cash boost it will receive from the Alibaba IPO.Yahoo! Inc. (NASDAQ:YHOO) shares moved up 3.07% in last trading session and was closed at $34.87, while trading in range of $33.95 – $35.00. Yahoo! Inc. (NASDAQ:YHOO) year to date (YTD) performance is -13.77%.
Oracle (NASDAQ:ORCL) EVP Thomas Kurian sold 500,000 shares of Oracle stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of $40.30, for a total transaction of $20,150,000.00. Following the completion of the transaction, the executive vice president now directly owns 32,958 shares of the company’s stock, valued at approximately $1,328,207. Oracle Corporation (NYSE:ORCL) weekly performance is -0.32%. On last trading day company shares ended up $40.88. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 6.67%. Analysts mean target price for the company is $40.78.
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