Nokia Corporation (ADR) (NYSE:NOK) recently launched the impressive feature of Here Apps on the Windows Phone. The in-built in platform acquires an AL firm in order to transform the people into a virtual travel agent. It can be called as a complete information store that is full of travel data. Have any query, just refer the platform and see it solved in few minutes. The company has further plans to acquire Desti. It is a travel planning AI app. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 1.53%. On last trading day company shares ended up $7.98. Analysts mean target price for the company is $8.10. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average is 7.26%.
The Oi SA (ADR) (NYSE:OIBR) share offering is going to end on May 29. It needs to be completed to give the final close to the Portugal deal. The proceeds will be used to pay off the debt of the second controlling shareholder Telemar Participacoes SA. It will also eliminate the share classes. Shareholders will have an equal right to vote. The deal is expected to help Oi SA (ADR) (NYSE:OIBR) in limiting its cost in the different operational segments. Oi SA (ADR) (NYSE:OIBR) shares advanced 4.09% in last trading session and ended the day on $0.890. Oi SA (ADR) (NYSE:OIBR) quarterly performance is -42.21%.
Micron Technology launched Crucial MX100 SSD for lowest-price ever. Crucial from Micron Technology, Inc. (NASDAQ:MU) is playing very crucial part in reducing the market price of SSD (Solid-State Drive) as its new 2.5-inch MX100 SSD will give you 256GB of speedier storage just for $109.99. Micron Technology, Inc. (NASDAQ:MU) shares moved up 0.03% in last trading session and was closed at $28.67, while trading in range of $28.40-$28.93. Micron Technology, Inc. (NASDAQ:MU) year to date performance is 31.82%.
Advanced Micro Devices, Inc. (NYSE:AMD) has announced the pricing of the private offering under which it will sell $500 million of senior notes. It will sell the 7.00% Senior Notes that are due in year 2024 under the private offering. The transaction is expected to complete on or around June 16, 2014. The company will be able to generate the net proceeds of approximately $490 million exclusive of the initial purchasers’ discounts and after deducting the estimated offering expenses. Advanced Micro Devices, Inc. (NYSE:AMD) ended the last trading day at $3.94. Company weekly volatility is calculated as 1.59% and price to cash ratio as 3.33. Advanced Micro Devices, Inc. (NYSE:AMD) showed a negative weekly performance of -2.48%.
Oracle Corporation (NYSE:ORCL) may be sued over Oregon’s failed health care website, the Associated Press reports. Gov. John Kitzhaber has asked State Attorney General Ellen Rosenblum to take legal action against Oracle, which built the $134M exchange. Oracle Corporation (NYSE:ORCL) net profit margin is 29.30% and weekly performance is -0.24%. On last trading day company shares ended up $41.81. Analysts mean target price for the company is $42.25. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average is 3.01%.
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