Investor’s Alert: Nokia Corporation (ADR) (NYSE:NOK), Tata Consultancy Services Limited (NSE:TCS), China New Borun Corp (NYSE:BORN), MeetMe Inc (NASDAQ:MEET)

Posted by on May 26, 2014

Leaked ‘Android’ Nokia Corporation (ADR) (NYSE:NOK) X2 specs hint at Microsoft’s phone future. Now that Microsoft owns Nokia’s phone division, all eyes are on Redmond’s next moves. These specs suggest that Microsoft is ready to back its Android/Asha/Windows Phone mashup for at least another year. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 8.29%. On last trading day company shares ended up $7.84. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 6.05%.

On April 28, Tata Consultancy Services Limited (NSE:TCS) announced financial results for the fourth quarter and fiscal year ended March 1, 2014. Additionally, the storage and organization retailer raised guidance for its new store growth. Chairman and CEO Kip Tindell also took the opportunity to highlight the company’s financial performance, competitive advantages, key differentiators and the launch of new programs – POP! customer engagement program and ATHOME personalized organization services. Tata Consultancy Services Limited (NSE:TCS) shares advanced 0.85% in last trading session and ended the day on $2,129.85. TCS Gross Margin is 58.70% and its return on assets is -6.80%. Tata Consultancy Services Limited (NSE:TCS) quarterly performance is -19.96%.

On May 22, 2014, China New Borun Corp (NYSE:BORN) announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenue increased 38.8% to RMB625.7 million ($101.7 million[1]) from RMB450.7 million in the first quarter of 2013. Gross profit increased 92.1% to RMB90.5 million ($14.7 million) from RMB47.1 million in the first quarter of 2013. China New Borun Corp (NYSE:BORN) ended the last trading day at $2.83. Company weekly volatility is calculated as 8.86% and price to cash ratio as 0.58. China New Borun Corp (NYSE:BORN) showed a positive weekly performance of 4.04%.

MeetMe Inc (NASDAQ:MEET), the public market leader for social discovery, announced that the Company will present at Cowen and Company’s 42nd Annual Technology, Media & Telecom Conference on Wednesday, May 28, 2014 at 9:30 a.m. Eastern Time. The presentation, given by CEO Geoff Cook and CFO David Clark, will be available via webcast on the Investor Relations section of the Company’s website MeetMe Inc (NASDAQ:MEET) shares moved up 1.02% in last trading session and were closed at $1.98, while trading in range of $1.92 – $2.02. MeetMe Inc (NASDAQ:MEET) year to date (YTD) performance is 8.20%.

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