Communication Equipment Active movers: Nokia Corporation (ADR) (NYSE:NOK), Alcatel Lucent SA (ADR) (NYSE:ALU), QUALCOMM, Inc. (NASDAQ:QCOM), Ericsson (ADR) (NASDAQ:ERIC)

Nokia Corporation (ADR) (NYSE:NOK) said it has introduced a full time security unit, in a bid to improve its services and security devices. The new division will function under the Mobile Broadband group, which is a significant division of the company’s Nokia Solutions and Networks (NSN) sector. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 1.53%. On last trading day company shares ended up $7.98. Analysts mean target price for the company is $8.10. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 7.26%.

Alcatel Lucent SA (ADR) (NYSE:ALU) is planning to reimburse the Senior Secured Credit Facility that totals $1,750 million. Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -2.30% in last trading session and ended the day on $3.82. ALU Gross Margin is 32.20% and its return on assets is -7.80%. Alcatel Lucent SA (ADR) (NYSE:ALU) quarterly performance is -10.12%.

On 30 MAY QUALCOMM, Inc. (NASDAQ:QCOM) said it will begin trading ex-dividend on June 02, 2014. A cash dividend payment of $0.42 per share is scheduled to be paid on June 25, 2014. Shareholders who purchased QCOM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents a 20% increase over the prior quarter. At the current stock price of $80.19, the dividend yield is 2.1%. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved down -0.10% in last trading session and was closed at $80.40, while trading in range of $79.96 -$80.68. QUALCOMM, Inc. (NASDAQ:QCOM) year to date (YTD) performance is 9.36%.

On 19 MAY Ericsson (ADR) (NASDAQ:ERIC) had revenue of $47.50 billion for the quarter, compared to the consensus estimate of $51.40 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. The company’s revenue for the quarter was down 8.7% on a year-over-year basis. Analysts expect that Ericsson will post $0.76 EPS for the current fiscal year. Ericsson (ADR) (NASDAQ:ERIC) ended the last trading day at $12.33. Company weekly volatility is calculated as 0.85% and price to cash ratio as 3.40. Ericsson (ADR) (NASDAQ:ERIC) showed a negative weekly performance of -0.24%.

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