Nokia Corporation (ADR) (NYSE:NOK) India, which has been fighting legal battle in various forums related to tax disputes in the country, has said that the company would now appeal to the division bench against a part of the Madras High Court order on the Rs 2,400 crore tax issue between the company and the State sales tax department. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.36 moved to $7.45 on last trade day and at the end of the day closed at $7.35 . Company price to sales ratio in past twelve months was calculated as 1.57 and price to cash ratio as 2.15. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 1.10%.
AT&T Inc (NYSE:T) announced that it is welcoming industry veteran Shelley Goodman to oversee operations in Illinois and Wisconsin. Goodman will oversee the sales and operations for more than 1,500 employees, 86 AT&T-owned retail locations, and more than 750 national retail partners and authorized dealers. AT&T Inc (NYSE:T) shares advanced 0.14% in last trading session and ended the day on $35.63. T return on equity ratio is recorded as 20.60% and its return on assets is 6.60%. AT&T Inc (NYSE:T) yearly performance is -0.06%.
Sprint Corporation (NYSE:S) climbed 2.71% with trading volume of 34.21 million shares after the company reported first quarter 2014 adjusted net loss per share of 4 cents, narrower than the analysts’ Consensus Estimate of a loss of 6 cents. The loss incurred has also tapered from 21 cents loss per share a year ago. The company reported net loss of $151 million, representing a 77% improvement from a loss of $643 million in the year-ago quarter. The betterment can be attributed to the significant rise in adjusted EBITDA. Sprint Corporation (NYSE:S) shares moved down -0.34% in last trading session and was closed at $8.70 while trading in range of $8.39 – $8.71 – Sprint Corporation (NYSE:S) year to date (YTD) performance is -19.07%.
Advanced Micro Devices, Inc. (NYSE:AMD) announced that its SeaMicro SM15000™ server received a 2014 Silver Award from the internationally renowned Edison Awards™ in the Applied Technology, Research and Business Optimization category. Competing finalists in the category included AT&T Nanocubes by AT&T Inc. and Archetype IQ System by Ipsos InnoQuest. The distinguished awards — inspired by Thomas Edison’s persistence and inventiveness — recognize innovation, creativity and ingenuity in the global economy. The awards honor the best in innovation, and finalists are judged by a panel of more than 3,000 senior business executives and academics from across the nation from a wide variety of industries and disciplines. Advanced Micro Devices, Inc. (NYSE:AMD) weekly performance is 1.73%. On last trading day company shares ended up $4.12. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average (SMA50) is 5.44%. Analysts mean target price for the company is $4.12.
Groupon Inc. (NASDAQ:GRPN) launched a new service called Groupon Basics, in which the e-commerce and daily deal company will offer special prices of bulk household products. Groupon said that the service will cover “more than 100 household, personal care and health and wellness items.” Initial deals include offers for razor blades, vitamin supplements and shampoo, among other items. Groupon said the Basics service will offer free shipping on orders costing $24.99 and higher, as well as free returns. Groupon Inc (NASDAQ:GRPN) shares advanced 0.14% in last trading session and ended the day on $7.09 . GRPN return on equity ratio is recorded as -12.40% and its return on assets is -4.80 %. Groupon Inc (NASDAQ:GRPN) yearly performance is 20.99%.
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