Nokia Corporation (ADR) (NYSE:NOK)’s attempts to regain market share in India with the launch of the Android-based X-series mid-range smartphones could be difficult, analysts say. The X-series is positioned between Nokia’s low-end Asha smartphone and its more upmarket Lumia, that runs on MicrosoftWindows software, company executives said in India Monday at the launch. Nokia Corporation (ADR) (NYSE:NOK) stock closed at $7.92 in last trading session, and stock 52 week range is $3.02 – $8.20. The stock showed a positive weekly performance of 4.35%.
Ericsson (ADR) (NASDAQ:ERIC) has signed an agreement with the organizers of the 2015 FIS Nordic World Ski Championships to engage in the event and provide solutions to make it accessible to mobile device users all over the world. Ericsson (ADR) (NASDAQ:ERIC) shares closed at $12.97 on last trade day. Stock 52 week range is $10.67 – $14.22. Company’s market capitalization is $42.87 billion.
QUALCOMM, Inc. (NASDAQ:QCOM), the biggest provider of mobile-phone chips, promoted Derek Aberle to president, naming a second-in-command to new Chief Executive Officer Steve Mollenkopf. QUALCOMM, Inc. (NASDAQ:QCOM) stock finished the last session at $77.07. The EPS of the stock remained 3.66. Company’s market capitalization is $130.33 billion.
Alcatel Lucent SA (EU:ALU) was upgraded by analysts at BMO Capital Markets to an “outperform” rating in a research report issued to clients and investors on Monday, AmericanBankingNews.com reports. Alcatel Lucent SA (ADR) (NYSE:ALU) stock closed at $4.13 in last trading session. The 52 week range of the stock is $1.27 – $4.68.
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