The sale of Nokia Corporation (ADR) (NYSE:NOK) to Microsoft Corporation (NASDAQ:MSFT) is winding its way through regulatory approval processes and other issues. Meanwhile, Microsoft has announced that the devices and services segment of Nokia will be known as Microsoft Mobile once the $7.2 billion deal is completed. Nokia Lumia and Asha phones will therefore be known as Microsoft Lumia and Asha phones in due course.Nokia Corporation (ADR)(NYSE:NOK) shares after opening at $7.39 moved to $7.39 on last trade day and at the end of the day closed at $7.30. Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 3.64. Nokia Corporation (ADR)(NYSE:NOK) showed a positive weekly performance of 2.10%.
BlackBerry Ltd (NASDAQ:BBRY) is expected to launch a new tablet by the end of 2015, after failing miserably previously in 2011 in the segment, claims a report from n4bb.com. The company unveiled its debut tablet in 2010 and made it available for purchase in 2011 only to end up without many takers. BlackBerry Ltd (NASDAQ:BBRY) shares advanced 0.96% in last trading session and ended the day on $7.36. BBRY return on equity ratio is recorded as -8.67% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) yearly performance is -48.64%.
Ericsson (ADR)(NASDAQ:ERIC), the world’s biggest mobile telecom equipment maker, missed first-quarter sales and profit forecasts as its work to roll out faster fourth- generation networks failed to offset the ending of older projects. Ericsson (ADR)(NASDAQ:ERIC) shares moved down -5.54% in last trading session and was closed at $12.28, while trading in range of $ 12.18 – 12.34. Ericsson (ADR)(NASDAQ:ERIC) year to date (YTD) performance is 3.98%.
Google (NASDAQ:GOOGL) Director Shirley Tilghman sold 2,000 shares of the company’s stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $532.98, for a total value of $1,065,960.00. Following the completion of the sale, the director now directly owns 339 shares in the company, valued at approximately $180,680. Google Inc(NASDAQ:GOOGL) weekly performance is -2.04%. On last trading day company shares ended up $537.51. Google Inc (NASDAQ:GOOGL) distance from 50-day simple moving average (SMA50) is-7.82%. Analysts mean target price for the company is $662.54.
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