On 20 MAY Nokia Corporation (ADR) (NYSE:NOK) announced that the EUR 800 million senior notes issued in March 2013 by Nokia Solutions and Networks Finance B.V., the finance company of its Networks business formerly known as NSN, will be redeemed. The redemption is part of Nokia’s planned EUR 5 billion capital structure optimization program announced on April 29, 2014, which focuses on, among other things, reducing interest bearing debt. Nokia has announced that it plans to reduce interest bearing debt by approximately EUR 2 billion by the end of the second quarter 2016. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 8.29%. On last trading day company shares ended up $7.84. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 6.05%.
On 14 MAY Magna International Inc. (USA) (NYSE:MGA) reported $1.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by $0.22. The company had revenue of $8.96 billion for the quarter, compared to the consensus estimate of $8.91 billion. During the same quarter in the previous year, the company posted $1.57 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts expect that Magna International Inc. (USA) (NYSE:MGA) will post $8.17 EPS for the current fiscal year. Magna International Inc. (USA) (NYSE:MGA) shares advanced 1.56% in last trading session and ended the day on $102.24. MGA Gross Margin is 13.00% and its return on assets is 8.70%. Magna International Inc. (USA) (NYSE:MGA) quarterly performance is 18.65%.
On 23 MAY Commercial Vehicle Group, Inc. (NASDAQ:CVGI) reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.08. The company had revenue of $198.10 million for the quarter, compared to the consensus estimate of $190.24 million. Analysts expect that Commercial Vehicle Group will post $0.37 EPS for the current fiscal year. Commercial Vehicle Group, Inc. (NASDAQ:CVGI) shares moved up 1.59% in last trading session and was closed at $9.56, while trading in range of $9.39 – $9.58. Commercial Vehicle Group, Inc. (NASDAQ:CVGI) year to date (YTD) performance is 31.50%.
On 14 MAY The Coast Distribution System, Inc. (NYSEMKT:CRV) reported Gross profit for the first quarter of 2014 was $4.2 million, reflecting a modest increase of $13,000 from the first-quarter 2013, which resulted in an increase in gross margin to 17.0 percent, up from 16.5 percent in the same quarter of 2013. The increases in gross profit and gross margin in the first quarter primarily resulted from a reduction in freight costs, a change in the mix of products sold, and a reduction in warranty expense. The Coast Distribution System, Inc. (NYSEMKT:CRV) ended the last trading day at $3.45. Company weekly volatility is calculated as 2.84% and price to cash ratio as 8.71. The Coast Distribution System, Inc. (NYSEMKT: CRV) showed a positive weekly performance of 3.92%.