Market Wrap Up: Twitter (NYSE:TWTR) & Nokia Corporation (NYSE:NOK) Surged, Walgreen Company (NYSE:WAG) & Apple Inc. (NASDAQ:AAPL) Edged Lower

Twitter Inc (NYSE:TWTR) has hit 250 million monthly active users. The company also beat earnings and revenue estimates. Twitter reported breaking even on an earnings per share basis on revenue of $250 million for the March quarter compared to Wall Street estimates for a net loss of $0.03 per share on revenue of $241.5 million. Twitter Inc (NYSE:TWTR) shares after opening at $40.53 moved to $43.97 on last trade day and at the end of the day closed at $42.62 . Company price to sales ratio in past twelve months was calculated as 37.78 and price to cash ratio as 11.25. Twitter Inc (NYSE:TWTR) showed a negative weekly performance of -7.39%.

Rajeev Suri appointed as President and CEO of Nokia Corporation (ADR) (NYSE:NOK) on 29 April 2014. The appointment was announced by the Nokia of Directors. He will take charges as President and CEO of Nokia on 1 May 2014. He is one of the few global bosses without a degree from a business school. Nokia Corporation (ADR) (NYSE:NOK) shares advanced 5.69% in last trading session and ended the day on $7.43. NOK return on equity ratio is recorded as -15.70% and its return on assets is -4.20%. Nokia Corporation (ADR) (NYSE:NOK) yearly performance is 123.80%.

Walgreen Company (NYSE:WAG): The drugstore chain edged lower as hedge fund JANA Partners said it had taken a new position in the company last quarter. Jana also announced a new position in AerCap Holdings last quarter. Walgreen Company (NYSE:WAG) shares moved down -0.19% in last trading session and was closed at $67.32 while trading in range of $66.56 – $68.03 – Walgreen Company (NYSE:WAG) year to date (YTD) performance is 17.77%.

Apple Inc. (NASDAQ:AAPL) issued $12-B of USD-denominated bonds Tuesday as seeks to reward shareholders locked in a cheaper alternative than overseas cash that is subject to repatriation taxes. Apple Inc. (NASDAQ:AAPL) weekly performance is 11.40%. On last trading day company shares ended up $592.33. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 11.00%. Analysts mean target price for the company is $614.00.

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