Nokia Corporation (ADR) (NYSE:NOK), the Finnish telecom giant, has launched a venture fund worth USD 100 million for the purpose of investing in auto technology all over the world including India. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.30 moved to $7.30 on last trade day and at the end of the day closed at $7.26. Company price to sales ratio in past twelve months was calculated as 1.55 and price to cash ratio as 2.13. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -2.29%.
Magellan Midstream Partners, L.P. (NYSE:MMP) has improved earnings per share by 22.1% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. Magellan Midstream Partners, L.P. (NYSE:MMP) shares advanced 2.11% in last trading session and ended the day on $78.14. MMP return on equity ratio is recorded as 37.10% and its return on assets is 12.80%. Magellan Midstream Partners, L.P. (NYSE:MMP) yearly performance is 55.63%.
American Tower Corporation (NYSE:AMT) is reportedly in talks with Israeli mobile network operators Cellcom and Pelephone with a view to acquiring the duo’s mobile infrastructure and leasing it back to them. According to Globes Online, such a development could reduce costs for both Pelephone and Cellcom, while allowing the pair to avoid requiring regulatory approval. American Tower Corp (NYSE:AMT) shares moved down -1.36% in last trading session and was closed at $87.20, while trading in range of $87.14 – $87.70. American Tower Corp (NYSE:AMT) year to date (YTD) performance is 9.69%.
On the heels of the successful launch of Divergent in Scandinavia, Lionsgate (NYSE:LGF), a leading global entertainment company, has entered a new and expanded multiyear output deal with longstanding partner Nordisk Film in Scandinavia, the two companies announced yesterday. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) weekly performance is 1.12%. On last trading day company shares ended up $26.18. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) distance from 50-day simple moving average (SMA50) is -7.43%. Analysts mean target price for the company is $38.50.
NVIDIA (NASDAQ:NVDA) posted its quarterly earnings results on Tuesday. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.12, AnalystRatings.NET reports. The company had revenue of $1.10 million for the quarter, compared to the consensus estimate of $1.06 million. NVIDIA updated its Q1 guidance to $0.29 EPS. NVIDIA Corporation (NASDAQ:NVDA) shares moved down -2.04% in last trading session and was closed at $18.25, while trading in range of $18.20 – $18.97. NVIDIA Corporation (NASDAQ:NVDA) year to date (YTD) performance is 14.42%.