Nokia Corporation (ADR) (NYSE:NOK) and Juniper Networks have announced that the firms will partner to offer cloud solutions to help telecom operators expand mobile broadband services. Under the partnership, Nokia will provide its Liquid Core application suites with the existing multi-platform software, which reutilizes all the investments previously done in localized/customized software functionalities. (ADR) (NYSE:NOK) shares after opening at $7.30 moved to $7.30 on last trade day and at the end of the day closed at $7.26 . Company price to sales ratio in past twelve months was calculated as 1.55 and price to cash ratio as 2.13. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -2.29%.
Salesforce.com, Inc. (NYSE:CRM) is launching a new service called Social Studio, which is a combination of the social media monitoring company Radian6 with the content publishing company Buddy Media. salesforce.com, inc. (NYSE:CRM) shares fell -3.49% in last trading session and ended the day on $51.78. CRM return on equity ratio is recorded as -8.30% and its return on assets is -2.90%. salesforce.com, inc. (NYSE:CRM) yearly performance is 22.01%.
Three systems acquired by Lockheed Martin Corporation (NYSE:LMT) have progressed from their research and development phase to operational readiness. The Indago vertical take-off and landing (VTOL) quad-rotor, accompanied by its handheld ground control station (GCS) will offer a robust, mobile surveillance application. Additionally, a new Commercial Avionics Suite delivers the same performance and reliability that customers have enjoyed with the previous products but at a new low price. Lockheed Martin Corporation (NYSE:LMT) shares moved down -0.99% in last trading session and was closed at $163.49 while trading in range of $163.19 – $165.30 – Lockheed Martin Corporation (NYSE:LMT) year to date (YTD) performance is 10.89%.
Ericsson (ADR) (NASDAQ:ERIC) has been selected by Consolidated Edison Company of New York (Con Edison) to provide managed services for its private Integrated Digital Enhanced Network (iDEN). Con Edison is a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York. The iDEN network is used for internal dispatch of Con Edison technicians serving more than 3.3 million electric and 1.1 million gas customers. This is Ericsson’s first managed services deal with a public utility in the United States. Ericsson (ADR) (NASDAQ:ERIC) weekly performance is 0.25%. On last trading day company shares ended up $12.08. Ericsson (ADR) (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -3.40%. Analysts mean target price for the company is $14.08.
SAP AG (SAP) and VMware Inc. (NYSE:VMW) announced that the SAP HANA® platform on VMware vSphere® 5.5 for production use has been released to customers. By combining the power of SAP HANA with VMware vSphere 5.5, a foundational component of VMware vCloud® Suite, customers can innovate and simplify their data centers by achieving faster time-to-value, higher service levels and lower total cost of ownership (TCO). VMware, Inc. (NYSE:VMW) shares after opening at $ 92.98 moved to $ 94.06 on last trade day and at the end of the day closed at $93.17 . Company price to sales ratio in past twelve months was calculated as 7.46 and price to cash ratio as 6.06. VMware, Inc. (NYSE:VMW) showed a positive weekly performance of 3.52%.