No longer a handset company, Nokia Corporation (ADR) (NYSE:NOK) is turning its focus to the products and technologies that remain, starting with its mapping division Here. Nokia announced on Friday that has bought Desti, a virtual travel agent app spun out of SRI International. Nokia aims to incorporate its artificial intelligence and natural language understanding technology to generate more personalized location searches and maps. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 4.23%. On last trading day company shares ended up $8.13. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 9.65%.
Ericsson (ADR) (NASDAQ:ERIC)’s stock had its “neutral” rating reiterated by Zacks in a research note issued on Thursday, Analyst Ratings News reports. Ericsson (ADR) (NASDAQ:ERIC) shares advanced 0.97% in last trading session and ended the day on $12.45. ERIC gross Margin is 35.50% and its return on assets is 4.90%.Ericsson (ADR) (NASDAQ:ERIC) quarterly performance is -0.08%.
U.S sportswear giant Nike Inc. (NYSE:NKE) is banking on its elite list of the best soccer players in the world to act as a competitive advantage over its German fierce rival Adidas AG (ADS). Nike Inc. (NYSE:NKE) shares moved up 0.69% in last trading session and was closed at $76.91, while trading in range of $76.30 – $76.93. Nike Inc. (NYSE:NKE) year to date (YTD) performance is -1.59%.
VF Corp. (NYSE:VFC) one of the world largest clothing manufacturers, whose brands include The North Face, Nautica and Wrangler jeans, will begin to disclose the names and locations of the 91 factories it uses in Bangladesh. VF Corp (NYSE:VFC) ended the last trading day at $63.02. Company weekly volatility is calculated as 0.99% and price to cash ratio as 84.30.VF Corp (NYSE:VFC) showed a positive weekly performance of 0.96%.
Adidas AG (ADR) (OTCMKTS:ADDYY) a sportswear and sports equipment company based in Germany, extended the contract of its chief financial officer, Robin Stalker, to March 2018. Mr. Stalker received compensation valued at $1.2 million in 2013, according to the company’s 2013 annual report. On last trading day company shares ended up $53.78.
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