Analysts greatly approve the deal that saw Facebook Inc. (NASDAQ:FB) purchase Whatsapp the fast growing messaging start up for $19 billion. Analyst say it was a nice deal as it made strategic sense and it will solidify Facebook’s position as the leader in mobile. Facebook Inc. (NASDAQ:FB)stock opened at $69.69in last session, and closed at $68.59, while the day range ofFacebook Inc. (NASDAQ:FB)stock is $68.45 – $69.96. The stock showed a positive weekly performance of1.87%.
Finnish handset maker Jolla, founded by some ex-Nokia Corporation (ADR) (NYSE:NOK) employees, is in talks with partners to sell its smartphones in India, initially by tapping the popular e-commerce route. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.43 in last session, and closed at $7.46 by gaining2.05%.The 52 week range of $3.02- $8.20. Company’s market capitalization is $27.69B.
A merger between Nokia Solutions and Networks (NSN) and Juniper Networks Inc. (NYSE:JNPR) would be a good idea since it would provide for greater scale in the increasingly competitive fixed and mobile communications equipment market, one analyst has reportedly said. Juniper Networks, Inc. (NYSE:JNPR)stock increased 1.97% and finished the last session at $27.95. The EPS of the stock remained0.87. Company’s market capitalization is $14.10B.
Sprint Corporation (NYSE:S) has announced that they are bringing WiFi calling to the Samsung Galaxy Mega and Galaxy S4 mini. The two phones will receive over-the-air software updates that will give them the ability to make phone calls over WiFi. Sprint Corporation (NYSE:S) stock opened the session at $8.26, and closed the session at $8.29. The 52 week range of the Sprint Corporation (NYSE:S)stock remained $5.15- $11.47 and the day range was $8.21- $8.71.
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