The arrival of Android using smart phones did lower down the sales of the once leading cell phone company Nokia Corporation (ADR) (NYSE:NOK); but privileges of the Microsoft Corporation (NASDAQ:MSFT) that the company was able to stay on the edge with its smart phone range.Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.81 moved to $7.84 on last trade day and at the end of the day closed at $7.64. Company price to sales ratio in past twelve months was calculated as 0.85 and price to cash ratio as 3.95. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 0.26%.
Qualcomm Inc. (NASDAQ:QCOM) has unveiled two new high-end 64-bit processors with advanced LTE technology in its Snapdragon 800 lineup: the Snapdragon 808 and Snapdragon 810. The new processors will be out in 2015, completing the San Diego-based company’s 64-bit product lineup of mobile chips.QUALCOMM, Inc. (NASDAQ:QCOM) shares fell -2.33% in last trading session and ended the day on $78.07. QCOM return on equity ratio is recorded as 18.40% and its return on assets is 14.70%. QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 18.85%.
Aviat Networks Inc (NASDAQ:AVNW) the leading expert in microwave networking solutions, announced an agreement with Ubuntu Technologies to form Aviat-Ubuntu (Proprietary) Limited, a co-branded telecom solutions provider in South Africa. The two companies formed a joint venture to serve public companies and state-owned enterprises as well as help telecom operators evolve their infrastructure toward next-generation mobile broadband and enterprise services. Aviat-Ubuntu will specialize in offering microwave networking solutions using products from the Aviat portfolio such as the new Aviat CTR 8540 microwave router with integrated IP/MPLS capabilities.
Aviat Networks Inc (NASDAQ:AVNW) shares moved down -0.68% in last trading session and was closed at $1.45, while trading in range of $1.42-$1.49. Aviat Networks Inc (NASDAQ:AVNW) year to date performance is -35.84%.
Loral Space & Communications Ltd. (NASDAQ:LORL) which holds a majority stake in Canadian satellite communications company Telesat Holdings Inc, has selected private equity firm Apax Partners LLP and two Canadian pension funds to negotiate a sale of Telesat, people familiar with the matter said.The move marks a key step in a complex auction process for Loral, in which financial investors who covet control of Telesat need to bring another Telesat shareholder, Canada’s Public Sector Pension Investment Board (PSP), onboard.Loral Space & Communications Ltd. (NASDAQ:LORL) weekly performance is 4.44%. On last trading day company shares ended up $73.44. Loral Space & Communications Ltd. (NASDAQ:LORL) distance from 50-day simple moving average is -2.22%. Analysts mean target price for the company is $89.00.