Nokia Corporation (ADR) (NYSE:NOK) has released a new software update for its recently launched Nokia X Dual SIM Android phone. However, the firmware update won’t come in Android 4.3 or 4.4 formats; instead, the update comes as version 11.2.2. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -8.70% and weekly performance is -1.50%. On last trading day company shares ended up $7.24. Analysts mean target price for the company is $8.07. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -3.08%.
Alcatel Lucent SA (ADR) (NYSE:ALU) adjusted operating income of €33 million beat analysts’ expectations for a roughly break-even figure, after a €179 million adjusted operating loss a year earlier. But the company continued to burn cash, posting a €398 million free cash flow loss, compared with €544 million in the first quarter of 2013, adjusted for discontinued operations. Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -4.23% in last trading session and ended the day on $3.85. ALU Gross Margin is 32.20% and its return on assets is -7.80%. Alcatel Lucent SA (ADR) (NYSE:ALU) quarterly performance is -14.06%.
QUALCOMM, Inc. (NASDAQ:QCOM) the world’s largest maker of mobile phone chips, said it gave stock awards and pay raises to senior executives including Executive Chairman Paul Jacobs to retain them. Jacobs received a one-time equity grant of restricted stock units valued at $45 million that will vest based on certain profit goals being met, the company said in a filing dated May 5 that was made public yesterday. President Derek Aberle’s salary is being boosted to $780,000 a year, with an annual bonus target of as much as 135 percent of that amount, the company said. He also got restricted stock valued at $16.1 million and a special one-time stock grant of $10.5 million. QUALCOMM, Inc. (NASDAQ:QCOM) in last trading session and was closed at $79.50, while trading in range of $78.58 – $79.94 -. QUALCOMM, Inc. (NASDAQ:QCOM) year to date (YTD) performance is 7.58%.
RiT Technologies Ltd. (NASDAQ:RITT) the leader in intelligent infrastructure management and a developer of innovative indoor optical wireless technologies, announced that Soarsky Telecommunication Co., a leading software and IT company in Shenzhen, China, has deployed RiT Technologies’ Beamcaster solution to accommodate more than 100 users as part of a major network upgrade.RiT Technologies Ltd. (NASDAQ:RITT) ended the last trading day at $1.42. Company weekly volatility is calculated as 9.64% and price to cash ratio as 18.16. RiT Technologies Ltd. (NASDAQ:RITT) showed a negative weekly performance of -3.40%.
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