Tag: Maxim Integrated Products

  • Top Morning News: Apple Inc. (NASDAQ:AAPL), Nokia Corporation (NYSE:NOK), Broadcom Corporation (NASDAQ:BRCM), Maxim Integrated Products (NASDAQ:MXIM)

    Apple Inc. (NASDAQ:AAPL) recently revealed through its corporate controller in its second quarter conference that the company was involved in capital return activities worth $21 billion in the month of March. It is interesting that Apple is spending so much in capital returns. Apple Inc. (NASDAQ:AAPL) shares after opening at $572.80 moved to $595.75 on last trade day and at the end of the day closed at $594.09. Company price to sales ratio in past twelve months was calculated as 2.91 and price to cash ratio as 12.38. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 11.85%.

    Nokia Corporation (ADR)(NYSE:NOK) did not have a good start in the FY 2014 due to a decline of 30% in the sales of its mobile devices. The mobile device unit was already under trouble and, therefore, on this Friday, it was officially sold off to Microsoft Corporation (NASDAQ:MSFT). The revenue for last year Q1 was 3.1 billion euros and has fallen down to 2.6 billion euros in the first quarter of 2014. Nokia Corporation (ADR) (NYSE:NOK) shares fell -3.30% in last trading session and ended the day on $7.03. NOK return on equity ratio is recorded as -15.70% and its return on assets is -4.20%. Nokia Corporation (ADR) (NYSE:NOK) yearly performance is 116.31%.

    Broadcom Corporation (NASDAQ:BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, on 24 April reported unaudited financial results for its first quarter ended March 31, 2014. Broadcom Corporation (NASDAQ:BRCM) shares moved up 2.15% in last trading session and was closed at $30.40, while trading in range of $29.87 – $31.09. Broadcom Corporation (NASDAQ:BRCM) year to date (YTD) performance is 2.95%.

    Maxim Integrated Products, Inc. (NASDAQ:MXIM) and Samsung Electronics collaborate to improve people’s lives by incorporating intuitive health, fitness, and lifestyle capabilities into mobile devices. Maxim Integrated Products Inc. (NASDAQ:MXIM) weekly performance is -0.28%. On last trading day company shares ended up $32.13. Maxim Integrated Products Inc. (NASDAQ:MXIM) distance from 50-day simple moving average (SMA50) is -0.39%. Analysts mean target price for the company is $34.88.