Nokia Corporation (NYSE:NOK) network unit, Nokia Solutions and Networks (“NSN”), has recently cut a deal with Algerian-based carrier Algérie Télécom. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 7.44%. On last trading day company shares ended up $7.80. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 5.53%.
American Realty Capital Properties, Inc. (NASDAQ:ARCP) has penned a deal with the affiliates of The Blackstone Group L.P. ( BX ) to vend a large part of its multi-tenant shopping center portfolio for $1.975 billion in cash. The divestiture is strategized to finance the recently disclosed buyout of the $1.5 billion Red Lobster real estate portfolio. American Realty Capital Properties Inc. (NASDAQ:ARCP) shares advanced 1.55% in last trading session and ended the day on $12.45. ARCP gross Margin is 89.40% and its return on assets is -11.90%.American Realty Capital Properties Inc. (NASDAQ:ARCP) quarterly performance is -10.75%.
Equities research analysts at Maxim Group decreased their price target on shares of Sirius XM Holdings (NASDAQ:SIRI) from $5.80 to $4.45 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Maxim Group’s target price would suggest a potential upside of 40.38% from the stock’s previous close. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved up 3.15% in last trading session and was closed at $3.27, while trading in range of $3.17 – $3.28. Sirius XM Holdings Inc. (NASDAQ:SIRI) year to date (YTD) performance is -6.30%.
Bank of America Corp (NYSE:BAC) is dismantling an electronic market-making unit created last year to serve the lender’s Merrill Lynch wealth-management division, said two people with knowledge of the decision. Bank of America Corp (NYSE:BAC) ended the last trading day at $14.71. Company weekly volatility is calculated as 1.50% and price to cash ratio as 0.25.Bank of America Corp (NYSE:BAC) showed a positive weekly performance of 1.10%.
Best Buy Co Inc. (NYSE:BBY) shares were higher Thursday afternoon after the electronics retailer announced better-than-expected fiscal first-quarter profit. However, given that the quarter was largely a story of cost cutting and cautious views, yesterday’s gains will likely prove fleeting as the company struggles with fierce headwinds. Best Buy Co Inc. (NYSE:BBY) net profit margin is 1.70% and weekly performance is 2.94%. On last trading day company shares ended up $26.22. Analysts mean target price for the company is $33.10. Best Buy Co Inc. (NYSE:BBY) distance from 50-day simple moving average (SMA50) is 1.78%.