Nokia Corporation (ADR) (NYSE:NOK), which is set to close the sale of its phone business to Microsoft, will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on Friday. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.29 moved to $7.33 on last trade day and at the end of the day closed at $7.30 . Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 0.78. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 128.13%.
Merit Medical Systems Inc (NASDAQ:MMSI) announced its earnings results on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.01, ARNreports. The company had revenue of $119.20 million for the quarter, compared to the consensus estimate of $114.54 million. Merit Medical Systems, Inc. (NASDAQ:MMSI) shares advanced 3.85% in last trading session and ended the day on $13.76. MMSI return on equity ratio is recorded as 4.20% and its return on assets is 2.30%. Merit Medical Systems, Inc. (NASDAQ:MMSI) yearly performance is 21.45%.
Echo Global Logistics, Inc. (NASDAQ:ECHO), a leading provider of technology-enabled transportation and supply chain management services, reported financial results for the quarter ended March 31, 2014. Echo Global Logistics, Inc. (NASDAQ:ECHO) shares moved down -0.88% in last trading session and was closed at $18.07 while trading in range of $17.94 – $18.44 – Echo Global Logistics, Inc. (NASDAQ:ECHO) year to date (YTD) performance is -15.88%
Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the fiber optic communication market, reported its financial results for the first quarter ended March 31, 2014. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) weekly performance is 9.61%. On last trading day company shares ended up $18.36. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) distance from 50-day simple moving average (SMA50) is 28.62%. Analysts mean target price for the company is $21.00.