Nokia Corporation (ADR) (NYSE:NOK) has won approval from Chinese competition authorities to sell its mobile phone business to Microsoft Corp (NASDAQ:MSFT) without having to change its main technology patent practices, it said on Tuesday. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.59 moved to $7.78 on last trade day and at the end of the day closed at $7.58. Company price to sales ratio in past twelve months was calculated as 0.85 and price to cash ratio as 3.92. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 0.40%.
Zacks reaffirmed their outperform rating on shares of Itau Unibanco Holding Sociedade Anonima (NASDAQ:ITUB) in a report issued on Monday, Analyst Ratings Network.com reports. They currently have an $18.00 target price on the stock. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) shares fell -1.46% in last trading session and ended the day on $15.57. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) yearly performance is 1.90%.
The investment arm of Brazil’s Banco Bradesco SA (NYSE:BBD) said for the first time it may look to expand into other Latin American countries through acquisitions, following in the footsteps of its three main rivals. Banco Bradesco SA (ADR) (NYSE:BBD) shares moved down -1.14% in last trading session and was closed at $14.70, while trading in range of $14.66 – $15.67. Banco Bradesco SA (ADR) (NYSE:BBD) year to date (YTD) performance is 18.64%.
Mylan Inc. (NASDAQ:MYL) announced that it will host a conference call and live webcast on Thursday, May 1, 2014, at 11 a.m. ET, to review the company’s financial results for the first quarter ended March 31, 2014. Mylan Inc. (NASDAQ:MYL) weekly performance is -3.39%. On last trading day company shares ended up $47.64. Mylan Inc. (NASDAQ:MYL) distance from 50-day simple moving average (SMA50) is -4.51%. Analysts mean target price for the company is $60.47.