Nokia Corporation (ADR) (NYSE:NOK): Microsoft (MSFT) is introducing the Nokia X2 today, a device that uses Google’s (GOOG) Android operating system, features a large screen, and replaces services typically provided by Google with Microsoft and Nokia (NOK) apps, according to Re/code. Other Nokia X phones have had some success overseas, the website quoted Microsoft as saying. Nokia Corporation (ADR) (NYSE:NOK), net profit margin is -9.40% and weekly performance is -0.53%. On last trading day company shares ended up $7.59. Analysts mean target price for the company is $8.23. Nokia Corporation (ADR) (NYSE:NOK), distance from 50-day simple moving average (SMA50) is 5.91%.
On June 16, 2014, Ericsson (ADR) (NASDAQ:ERIC): Netherlands public radio signs six-year services deal with Ericsson. Ericsson (ADR) (NASDAQ:ERIC), fell 2.00% in last trading session and ended the day on $12.24. ERIC, Gross Margin is 35.50% and its return on assets is 4.90%. Ericsson (ADR) (NASDAQ:ERIC), quarterly performance is -3.62%.
Microsoft Corporation (NASDAQ:MSFT), is upping its game in the cloud storage business. The Seattle-based software giant announced that it would offer greater storage space and lower pricing for customers of its cloud services, as it looks to gain market share in the highly lucrative cloud business. Microsoft Corporation (NASDAQ:MSFT), shares moved down 0.58% in last trading session and was closed at $41.74, while trading in range of $41.56 – 41.94. Microsoft Corporation (NASDAQ:MSFT), year to date (YTD) performance is 13.22%.
Verizon Communications Inc. (NYSE:VZ), EVP Randal S. Milch sold 2,966 shares of Verizon Communications stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $49.39, for a total value of $146,490.74. Following the completion of the sale, the executive vice president now directly owns 14,971 shares of the company’s stock, valued at approximately $739,418. Verizon Communications Inc. (NYSE:VZ), ended the last trading day at $49.28. Company weekly volatility is calculated as 1.18% and price to cash ratio as 57.58. Verizon Communications Inc. (NYSE:VZ), showed a positive weekly performance of 0.14%.
JPMORGAN CHASE & CO (OTCMKTS:JPMPP), reiterated their overweight rating on shares of ITV plc (LON:ITV) in a research report released on Monday morning. JPMorgan Chase & Co. currently has a GBX 232 ($3.95) price objective on the stock. JPMORGAN CHASE & CO (OTCMKTS:JPMPP), on last trading day company shares ended up $24.95.