Market Movers: Nokia Corporation (NYSE:NOK), Apple Inc. (NASDAQ:AAPL), BlackBerry Ltd (NASDAQ:BBRY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)

Posted by on Mar 31, 2014

Workers from the Nokia Corporation (ADR) (NYSE:NOK) Sriperumbudur, one of the largest for the company globally, have started one-day demonstration, including hunger strike in Chennai demanding job security as the transfer of the facility to Microsoft is uncertain, due to tax issues. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.34 moved to $7.39 on last trade day and at the end of the day closed at $7.34. Company price to sales ratio in past twelve months was calculated as 0.80 and price to cash ratio as 3.68. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 2.37%.

Apple Inc. (NASDAQ:AAPL) is seeking about $2 billion in damages from Samsung Electronics Co. for selling phones and tablets that Apple says violate five of its mobile software patents. Samsung, meanwhile, says Apple violated two of its patents. Apple Inc. (NASDAQ:AAPL) shares fell -0.11% in last trading session and ended the day on $536.86. AAPL return on equity ratio is recorded as 28.90% and its return on assets is 17.90%. Apple Inc. (NASDAQ:AAPL) yearly performance is 24.35%.

BlackBerry Ltd (NASDAQ:BBRY) has reported a smaller-than-expected loss as new chief executive John Chen slashed costs, but a 64 per cent drop in revenue underscores the challenge Chen faces in turning around the struggling smartphone maker. BlackBerry Ltd (NASDAQ:BBRY) shares moved down -7.07% in last trading session and was closed at $8.41, while trading in range of $8.21 – $9.64. BlackBerry Ltd (NASDAQ:BBRY) year to date (YTD) performance is 13.04%.

Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) aims to exceed 1 mln ounces of consolidated gold production in 2014. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) weekly performance is -5.04%. On last trading day company shares ended up $75.73. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) distance from 50-day simple moving average (SMA50) is -0.07%. Analysts mean target price for the company is $92.91.

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