Nokia Corporation (ADR) as improved the life of the women in the nearby villages and is a much needed facility, according to a report from Economic Times. Chennai facility, which was due to be taken by Microsoft once it acquires Nokia device unit, is now in the middle of nowhere with workers in fear that they might lose their jobs. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.28 moved to $7.31 on last trade day and at the end of the day closed at $ 7.29 . Company price to sales ratio in past twelve months was calculated as 1.56 and price to cash ratio as 2.14. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -2.80%.
Sony Corp (ADR) (NYSE:SNE) has already announced its plan in February to sell its VAIO PC business to Industrial Partners of Japan and now it seems like the transition may be completed by July 1st. Sony Corp (ADR) (NYSE:SNE) shares advanced 0.23% in last trading session and ended the day on $17.55. SNE return on equity ratio is recorded as 4.60% and its return on assets is 0.70%. Sony Corp (ADR) (NYSE:SNE) yearly performance is -0.85%.
International Business Machines Corp. (NYSE:IBM) announced that LookHunters, the first e-commerce site designed to sell clothing from independent designers with editorial content, has implemented a cloud solution from SoftLayer, an IBM company, that will help the company expand its business. According to IBM’s recent Business Value study focusing on global consumers, online shopping increased by 100 percent year-over-year in 2014, driven largely through an increase in mobilecommerce. Taking advantage of this trend, retailers should be aware of the explosion of mobile technologies, social media and new requirements of consumers who require speed and service, 24 hours a day, 365 days a year. International Business Machines Corp. (NYSE:IBM) shares moved up 0.20% in last trading session and was closed at $189.30 while trading in range of $186.93 – $190.30 – International Business Machines Corp. (NYSE:IBM) year to date (YTD) performance is 1.47%.
Oracle Corporation (NYSE:ORCL) is releasing solutions with new business features and enhanced technical architecture that help position utilities for success now and into the future. Oracle Corporation (NYSE:ORCL) weekly performance is 0.44%. On last trading day company shares ended up $41.06. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 4.09%. Analysts mean target price for the company is $41.33.
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