In their first engagement with the new government, officials from mobile handset maker Nokia Corporation (ADR) (NYSE:NOK) on 25 June Wednesday met Commerce and Industry Minister Nirmala Sitharaman in a bid to resolve an over Rs. 21,000-crore tax dispute. Espoo, Finland-based Nokia was forced to abandon plans to include its Chennai plant in the sale of the handset business to software giant Microsoft, completed in April, because of the tax dispute. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.40% and weekly performance is -2.56%. On last trading day company shares ended up $7.61. Analysts mean target price for the company is $8.23. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 5.47%.
VMware Inc. (NYSE:VMW) on 16 June Friday updated its vSphere Big Data Extensions (BDE), adding support for Hadoop 2, along with other enhancements. The set of integrated management tools helps users of the vSphere virtualization platform deploy, run and manage Hadoop clusters with the vCenter management tool. VMware, Inc. (NYSE:VMW) shares fell -0.72% in last trading session and ended the day on $97.01. VMW gross Margin is 85.60% and its return on assets is 8.50%.VMware, Inc. (NYSE:VMW) quarterly performance is -9.05%.
Marvell Technology Group (NASDAQ:MRVL) has received a consensus rating of “Buy” from the twenty-five brokerages that are currently covering the company, AnalystRatingsNetwork.com reports. Six investment analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $16.54. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares moved down -1.18% in last trading session and was closed at $14.18, while trading in range of $14.17 – $14.38. Marvell Technology Group Ltd. (NASDAQ:MRVL) year to date (YTD) performance is -0.63%.
On 17 June announced, Eli Lilly and Co (NYSE:LLY) EMC awarded EMC Corporation (NYSE:EMC) a 2013 Global Supplier Award on account of the company’s great results, strong leadership and accelerated innovation. The two have been working together with EMC focusing on integration, innovation and cost reduction to ensure that projects satisfy Lilly’s business objectives. EMC Corporation (NYSE:EMC) will begin trading ex-dividend on June 27, 2014. A cash dividend payment of $0.115 per share is scheduled to be paid on July 23, 2014. EMC Corporation (NYSE:EMC) ended the last trading day at $26.43. Company weekly volatility is calculated as 1.28% and price to cash ratio as 6.55.EMC Corporation (NYSE:EMC) showed a positive weekly performance of 0.34%.
LIM Sim Seng, group executive and Singapore country head of DBS Group Holdings Ltd. (ADR) (OTCMKTS:DBSDY), has been appointed the new chairman to the board of the Singapore Land Authority (SLA) for a two-year term starting Aug 1, 2014. On last trading day company shares ended up $53.97.