Finnish handset major Nokia Corporation (ADR) (NYSE:NOK) Oyj. has said the developments in the Rs.21,153-crore tax liability case in India is not expected to affect the “timing or closing” of its deal with Microsoft Corp. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.18 in last session, and closed at $7.14, while the day range of NOK stock is $7.11 – $7.30. The stock showed a negative weekly performance of -6.79%.
Ericsson (ADR) (NASDAQ:ERIC) and Ciena announced a global, strategic agreement to develop joint transport solutions for IP-optical convergence and service provider software-defined networking (SDN). Ericsson (ADR) (NASDAQ:ERIC) stock opened at $12.61, in last session and closed at $12.68, by gaining 0.79%. The 52 week range of ERIC is $10.67 – $14.22. Company’s market capitalization is $41.91billion.
ReNew Power Ventures Pvt., a company backed by Goldman Sachs Group Inc., the Tata group, whose businesses span software to automobiles, and First Solar Inc. (NASDAQ:FSLR), the biggest U.S. maker of solar panels, are among 68 bidders vying for projects as India seeks clean alternatives to fossil fuels. First Solar, Inc. (NASDAQ:FSLR) stock advanced 0.61% and finished the last session at $53.17. The EPS of the stock remained 4.74. Company’s market capitalization is $5.29billion.
LDK Solar Co. Ltd. (ADR) (NYSE:LDK) has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its 10% senior notes due this year. LDK Solar Co., Ltd (ADR) (NYSE:LDK) stock opened the session at $1.10, and closed the session at $1.10. The 52 week range of the LDK stock remained $0.93 – $2.17 and the day range was $1.10 – $1.12.