News Buzz: Nokia Corporation (ADR) (NYSE:NOK), Monotype Imaging Holdings (NASDAQ:TYPE), Sonic Foundry Inc (NASDAQ:SOFO), Avid Technology (OTCMKTS:AVID)

Posted by on Jul 08, 2014

Nokia Corporation (ADR) (NYSE:NOK) has returned to Israel through acquisition of a 3D technology developer. The company exited operations in Israel after it closed its research and development facility in 2012 and passed the ownership of the facility to employees who renamed it Atrinet.In the latest move in Israel, the Finnish company acquired the 3D modeling business of NICE System. The technology will enable the company to enrich its mapping solutions not only on mobile devices but also cell networks.Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 0.13%. On last trading day company shares ended up $7.62. Analysts mean target price for the company is $S8.23. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average is 4.58%.

Monotype Imaging Holdings (NASDAQ:TYPE) Director Roger J. Heinen, Jr. unloaded 10,000 shares of the company’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $25.97, for a total value of $259,700.00. Following the sale, the director now directly owns 6,440 shares of the company’s stock, valued at approximately $167,247. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) shares fell -1.71% in last trading session and ended the day on $28.76. TYPE Gross Margin is 83.10% and its return on assets is 8.80%. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) quarterly performance is 0.38%.

On June 17, 2014 – Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader for video creation and management solutions, has been selected to webcast InfoComm 2014 as part of its 11-year partnership with InfoComm International.InfoComm 2014, which takes place June 14-20 in Las Vegas, Nev., is the largest collection of newly released AV products found anywhere in the world, with more than 35,000 AV professionals from over 110 countries and more than 950 exhibitors attending. The industry convenes at InfoComm every year to learn what’s next in AV and information communications and showcase over 10,000 products and applications.Sonic Foundry Inc (NASDAQ:SOFO) shares moved down -1.39% in last trading session and was closed at $10.65, while trading in range of $10.40-$10.65. Sonic Foundry Inc (NASDAQ:SOFO) year to date performance is 9.57%.

On June 19,2014 Avid Technology, Inc. (OTCMKTS:AVID)today congratulates its customers on the many awards and nominations they received at the prestigious Daytime Creative Arts Emmy® Awards gala. Presented by the National Academy of Television Arts & Sciences (NATAS) as part of the 41st Annual Daytime Emmy Awards on June 20 in Los Angeles, the awards honor the craft behind the shows that define the daytime genre. Many of the winners and nominees for outstanding editing rely on the industry’s foremost editing solution, Avid Media Composer ®, to create such high-quality, inspiring programs. Avid Technology, Inc. (OTCMKTS:AVID) ended the last trading day at $7.52.

Leave a Reply

Your email address will not be published. Required fields are marked *