Ford Motor Company (NYSE:F) of Europe announced sales of Ford vehicles surged by 9.2% in January compared with the same month last year, and was almost double the industry growth of 4.7% in the key 20 European markets Ford tracks. January marked the eighth consecutive month of sales growth for the company. All key market shares – total, retail and commercial vehicle market shares – rose in January. Ford’s share of the total vehicle market was 7.5%, up 0.3 percentage points. Ford share of the retail market – sales to private customers – was 7.8%, up 0.4 percentage points and was the 12th straight month of retail share growth. Ford commercial vehicle market share was 10.4%, up 0.9 percentage points – the highest level since 1998. Ford Motor Company (NYSE:F) shares closed at $15.24 on last trade day, by gaining 1.06%. Stock 52 week range is $12.10 – $18.02. Company’s market capitalization is $60.11 billion.
Ericsson (ADR) (NASDAQ:ERIC)’s agreement on Friday with Ciena for the development of joint transport solutions for IP-optical convergence will help Ericsson to reach its goal of becoming the No. 3 player within the IP networks market, an Ericsson spokesperson told Reuters. Ericsson, the No. 1 global supplier of mobile network gear, is smaller than the likes of Cisco, Juniper and Alcatel-Lucent within IP-networks. Ericsson (ADR) (NASDAQ:ERIC) stock opened at $0.79% in last trading session and closed at $12.68. The 52 week range of the stock is $10.67 – $14.22 and the day range was $12.56 – $12.68.
KCG Holdings, Inc. Class A Common Stock When Issued (NYSE:KCG) releases Jan 2014 trade volumes; in Market Making, KCG averaged $28.0 bln dollar volume traded, 8.4 bln shares traded, and 4.1 mln trades per day in U.S. equities: In Global Execution Services: Agency-based algorithmic and EMS trade volumes through Knight Direct and GETAlpha averaged an aggregate 272.4 million shares traded per day in U.S. equities, KCG Hotspot averaged $34.1 billion per day in notional foreign exchange dollar volume, KCG BondPoint averaged $140.5 million per day in fixed income par value As for the overall market conditions in January, consolidated U.S. equity volume averaged $272.6 billion in dollar volume and 6.9 billion shares traded per day. The realized volatility for the S&P 500 was 12.8. KCG Holdings, Inc. Class A Common Stock When Issued (NYSE:KCG) stock advanced 1.02% and finished the last session at $11.94. The EPS of the stock remained 1.48. Company’s market capitalization is $1.36 billion.
Nokia Corporation (ADR) (NYSE:NOK)announced that recent developments in India related to ongoing tax proceedings are not expected to affect the timing of the closing nor the material deal terms of the anticipated transaction between Nokia and Microsoft, announced on September 3, 2013. The transaction is still expected to close in the first quarter of 2014, subject to regulatory approvals and other customary closing conditions, irrespective of the proceedings in the Indian tax case. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.18 in last trading session, and closed at $7.14, trading in the range of $7.11 – $7.30. The stock showed a negative weekly performance of -6.79%.