Nokia Corporation (ADR) (NYSE:NOK) is rumored to be working on a new Android phone that is code-named Normandy. The smartphone is rumored to be low-cost and is expected to be called the Nokia X. A new teaser image has been leaked and the teaser image shows four black arrows that point to one location to form a green X. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.23 in last session, and closed at $7.33, while the day range of stock is $7.22 – $7.40. The stock showed a negative weekly performance of -0.68%.
China’s anti-monopoly regulator on Wednesday said Qualcomm Inc. (NASDAQ:QCOM) was suspected of overcharging and abusing its market position, allegations which could see the U.S. chip giant hit with record fines of more than $1 billion. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $76.25, in last session and closed at $75.60, by losing -0.89%. The 52 week range of the stock is $59.02 – $76.75. Company’s market capitalization is $127.85 billion.
Shares of Ciena Corp. (NASDAQ:CIEN) were the recipient of unusually large options trading activity on Tuesday. Investors purchased 30,017 call options on the company, AnalystRatingsNetwork reports. Ciena Corporation (NYSE:CIEN) stock advanced 4.08% and finished the last session at $26.02. The EPS of the stock remained -0.84. Company’s market capitalization is $2.70 billion.
ShoreTel Inc (NASDAQ:SHOR) the leading provider of brilliantly simple phone systems and unified communications (UC) solutions, launched an integrated solution for the world’s number one CRM application, enabling customers to have comprehensive business intelligence with 360 degree views of sales, marketing and customer service interactions. ShoreTel Inc (NASDAQ:SHOR) stock opened the session at $8.30, and closed the session at $8.77. The 52 week range of the stock remained $3.25 – $9.81 and the day range was $8.30 – $8.99.