Samsung Electronics Co. (005930), fighting a $2 billion patent claim by Apple Inc. (NASDAQ:AAPL), called a senior executive to testify to prevent the iPhone-maker from highlighting the absence of such witnesses as it did in their previous trial. Apple Inc. (NASDAQ:AAPL) shares after opening at $521.90 moved to $522.16 on last trade day and at the end of the day closed at $521.68. Company price to sales ratio in past twelve months was calculated as 2.67 and price to cash ratio as 11.43. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of -0.34%.
Equities researchers at Deutsche Bank began coverage on shares of Hewlett-Packard Company (NYSE:HPQ) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $40.00 price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 23.27% from the stock’s previous close. Hewlett-Packard Company (NYSE:HPQ) shares advanced 1.39% in last trading session and ended the day on $32.90. HPQ return on equity ratio is recorded as 20.60% and its return on assets is 5.00%. Hewlett-Packard Company (NYSE:HPQ) yearly performance is 62.71%.
Recently, Ericsson (NASDAQ:ERIC) was selected by Finnish Telecom Company DNA for supplying a new, nationwide LTE (Long Term Evolution) 800 MHz network to improve the existing 4G, 3G and 2G networks. Further, Ericsson will provide network rollout services including installation, civil works, integration, commissioning and associated project management. Ericsson will also be required to provide support for software and hardware, spare parts management services and initial tuning. Ericsson (ADR) (NASDAQ:ERIC) shares moved down -0.75% in last trading session and was closed at $12.73, while trading in range of $12.60-$12.84. Ericsson (ADR) (NASDAQ:ERIC) year to date performance is 4.00%.
A court ruling has required that the company gives the tax office a $582.17 million bank guarantee before transferring the plant to Microsoft. Nokia Corporation (ADR) (NYSE:NOK) has contested this ruling too in the supreme courts of India. Nokia Corporation on Friday announced, without alluding to the dispute, has said that the decision to offer a voluntary retirement scheme (VRS) post reviewing the inevitability and permanence of the regulatory environment in countries where it operates. Nokia Corporation (ADR) (NYSE:NOK) weekly performance is 1.66%. On last trading day company shares ended up $7.34. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average is -1.33%. Analysts mean target price for the company is $8.01.
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