With tax authorities pressing with over Rs 21,000-crore in unpaid dues, Finnish telecom major Nokia Corporation (ADR) (NYSE:NOK) has invoked the Bilateral Investment Promotion and Protection Agreement (BIPA) India has with Finland to resolve the dispute. Nokia late last month wrote to Prime Minister invoking dispute settlement clause in the India-Finland BIPA to settle the row that had led to its Chennai plant being left out of the over USD 7.2-billion deal with Microsoft Corporation. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is -0.14%. On last trading day company shares ended up $7.28. Analysts mean target price for the company is $8.07. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -2.33%.
For the three months ended March 31, 2014, Zhone Technologies Inc. (NASDAQ:ZHNE) net revenue increased 1% or $0.2 million to $28.6 million from $28.4 million for the same period last year. For the three months ended March 31, 2014, product revenue increased 2% or $0.5 million to $26.8 million, compared to $26.3 million for the same period last year. Zhone Technologies Inc. (NASDAQ:ZHNE) shares fell -7.41% in last trading session and ended the day on $2.50. ZHNE gross Margin is 37.70% and its return on assets is 6.50%.Zhone Technologies Inc. (NASDAQ:ZHNE) quarterly performance is -38.73%.
A10 Networks (NYSE:ATEN), a technology leader in application networking, announced that it is exhibiting at TechEd North America 2014, May 12 – 15, George R. Brown Convention Center in Houston. A10 Networks Inc. (NYSE:ATEN) shares moved up 1.52% in last trading session and was closed at $12.03, while trading in range of $11.43 – $12.46. A10 Networks Inc. (NYSE:ATEN) year to date (YTD) performance is -25.79%.
Pointer Telocation Limited (NASDAQ:PNTR) revenues for the first quarter of 2014 increased 22% to $27 million as compared to $22.1 million in the first quarter of 2013. Pointer Telocation Limited (NASDAQ:PNTR) ended the last trading day at $8.79. Company weekly volatility is calculated as 4.65% and price to cash ratio as 25.00.Pointer Telocation Limited (NASDAQ:PNTR) showed a positive weekly performance of 12.84%.
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