Apple Inc. (NASDAQ:AAPL) took the wraps off mobile applications that pool and analyze health and home data, kicking off an annual developers’ conference lacking in big surprises, despite hopes the iPhone maker would offer a glimpse into its secretive pipeline of products. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 2.36%. On last trading day company shares ended up $628.65. Analysts mean target price for the company is $642.43. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 11.37%.
Google Inc (NASDAQ:GOOG) plans to spend more than $US1 billion on a fleet of satellites to extend internet access to unwired regions of the globe, people familiar with the project said, hoping to overcome financial and technical problems that thwarted previous efforts. Google Inc (NASDAQ:GOOG) shares fell -1.06% in last trading session and ended the day on $553.93.
Amazon.com Inc. (NASDAQ:AMZN), the world’s largest online retailer, is likely to face a strike by its German workers unless it raises their wages. Per reports, German labor union – Verdi – has called a two-day strike at two major distribution warehouses – Bad Hersfeld and Leipzig – demanding proper working conditions and a pay hike. However, Amazon claims that the current wages are above average in the logistics industry. Amazon.com, Inc. (NASDAQ:AMZN) shares moved down -1.19% in last trading session and was closed at $308.84, while trading in range of $307.00 – $312.60. Amazon.com, Inc. (NASDAQ:AMZN) year to date (YTD) performance is -22.56%.
Nokia Corporation (ADR) (NYSE:NOK) has been relieved of the heavy task of reinvogorating its handset business after its sale to Microsoft for $7.2 billion in September 2013, giving it a chance to compete elsewhere on universal services and products. Nokia Corporation (ADR) (NYSE:NOK) ended the last trading day at $8.10. Company weekly volatility is calculated as 1.52% and price to cash ratio as 2.38. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 3.32%.
On June 1, Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) the world’s largest maker of personal computers, reported a 25 percent jump in profit for the three months ended in March. As the company with headquarters in Beijing and the U.S. continues to gain scale and market share in PCs, smartphones and tablets, that will boost profitability, Chief Executive Officer Yang Yuanqing said May 21. Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) On last trading day company shares ended up $24.79 .