Nokia Corporation (ADR) (NYSE:NOK) which is set to close the sale of its phone business to Microsoft, will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.29 moved to $7.33 on last trade day and at the end of the day closed at $7.30. Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 3.64.
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced results for the first quarter of 2014.Encore Wire Corporation (NASDAQ:WIRE) shares advanced 1.21% in last trading session and ended the day on $49.38. WIRE return on equity ratio is recorded as 15.70% and its return on assets is 13.60%. Encore Wire Corporation (NASDAQ:WIRE) yearly performance is 48.42%.
Dynagas LNG Partners LP (NASDAQ:DLNG) announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the Partnership’s sponsor, 100% of the ownership interests in the entity that owns and operates the Arctic Aurora, a 2013 built ice class liquefied natural gas carrier, for an aggregate purchase price of $235 million. Dynagas LNG Partners LP (NASDAQ:DLNG) shares moved up 0.59% in last trading session and was closed at $22.22, while trading in range of $22.10-$22.40. Dynagas LNG Partners LP (NASDAQ:DLNG) year to date performance is -0.63%.
Feltl & Co. cut shares of Cirrus Logic (NASDAQ:CRUS) from a buy rating to a hold rating in a research report. Cirrus Logic, Inc. (NASDAQ:CRUS) weekly performance is 10.44%. On last trading day company shares ended up $20.63. Cirrus Logic, Inc. (NASDAQ:CRUS) distance from 50-day simple moving average is 7.05%. Analysts mean target price for the company is $19.33.