Communication Equipment Active Runners: Nokia Corporation (NYSE:NOK), Alcatel Lucent SA (ADR) (NYSE:ALU), QUALCOMM (NASDAQ:QCOM), Zhone Technologies (NASDAQ:ZHNE)

Posted by on Apr 16, 2014

Nokia Corporation (ADR)(NYSE:NOK) has offered Voluntary retirement scheme (VRS) to its  employees working in Chennai plant in India as the company is struggling with the tax allegations, and has, also, agreed upon April 30th deadline to transfer the factory to the Microsoft Corporation (NASDAQ:MSFT). Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.28 moved to $7.34 on last trade day and at the end of the day closed at $7.15. Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 3.62. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -5.67%.

In coming up with network energy consumption monitoring app, Alcatel Lucent SA (ADR) (NYSE:ALU) seems to be playing into the needs of the future. The daily Internet traffic is projected go up 85 times by 2017, compared with traffic in 2010. That growth of traffic will surely come as a challenge for network operators in terms of costs of running the networks. Therefore, ALU’s energy monitoring app will be of help to network operators in supporting network growth while keeping costs down. Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -1.65% in last trading session and ended the day on $3.58. ALU return on equity ratio is recorded as -182.30% and its return on assets is -15.00%. Alcatel Lucent SA (ADR) (NYSE:ALU) yearly performance is 163.24%.

QUALCOMM, Inc. (NASDAQ:QCOM) is ranked among the top 25 big dividend paying companies. The leading provider of mobile chips has decent track record of big, consistent and multi-year dividend payout.  Although Qualcomm is already regarded as dividend giant given its favorable and long-term dividend history, recent developments might impact future dividends.QUALCOMM, Inc. (NASDAQ:QCOM) shares moved up 0.44% in last trading session and was closed at $79.49, while trading in range of $78.50-$79.93. QUALCOMM, Inc. (NASDAQ:QCOM) year to date performance is 7.56%.

Sidoti began coverage on shares of Zhone Technologies (NASDAQ:ZHNE) in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm issued a buy rating on the stock. Zhone Technologies Inc (NASDAQ:ZHNE) weekly performance is -17.95%. On last trading day company shares ended up $3.52. Zhone Technologies Inc (NASDAQ:ZHNE) distance from 50-day simple moving average is -14.48%. Analysts mean target price for the company is $8.00.

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