Nokia Corporation (ADR) (NYSE:NOK) has announced that the keys to its Devices & Services kingdom will officially be handed to Microsoft on Friday, April 25, just shy of seven months after the two companies confirmed months of rumors about a possible sale. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.35 moved to $7.45 on last trade day and at the end of the day closed at $7.43. Company price to sales ratio in past twelve months was calculated as 0.80 and price to cash ratio as 3.71. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 0.27%.
Microsoft Corporation (NASDAQ:MSFT) announced on Monday a patent licensing agreement with Motorola Solutions, Inc., a leading provider of communication solutions and services for enterprise and government customers. The license provides worldwide coverage under Microsoft’s patent portfolio for Motorola Solutions’ devices running the Android(TM) platform and Chrome OS(TM) operating system. Microsoft Corporation (NASDAQ:MSFT) shares fell -0.17% in last trading session and ended the day on $39.94. MSFT return on equity ratio is recorded as 28.30% and its return on assets is 15.90%. Microsoft Corporation (NASDAQ:MSFT) yearly performance is 38.11%.
Verizon Communications Inc. (NYSE:VZ) Advancing towards efficiency and technological growth, Verizon Communications Inc. (NYSE:VZ) is creating benchmarks in the domain of 3G and 4G LTE networks. One of the largest wireless network provider companies is carving out new niches by developing new services and products that are tailor made to address the needs of the customers. Verizon Communications Inc. (NYSE:VZ) shares moved up 0.80% in last trading session and was closed at $47.98 while trading in range of $47.75 – $48.00 – Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is -0.21%.
Applied Materials, Inc. (NASDAQ:AMAT) has announced that it will team up with Central Hudson Gas and Electric, SuperPower Inc. to display the ‘superconducting fault current limiter technology’ that can limit the damages arising from the fault currents. The aim is to safeguard the power grids from the harmful effects of faulty currents. The technology can enhance the grid reliability as well as its power transfer capabilities. Applied Materials, Inc. (NASDAQ:AMAT) weekly performance is 0.10%. On last trading day company shares ended up $19.14. Applied Materials, Inc. (NASDAQ:AMAT) distance from 50-day simple moving average (SMA50) is -0.50%. Analysts mean target price for the company is $20.06.
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