In their first engagement with the new government, officials from mobile handset maker Nokia Corporation (ADR) (NYSE:NOK) on Wednesday met Commerce and Industry Minister Nirmala Sitharaman in a bid to resolve an over Rs. 21,000-crore tax dispute. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.40% and weekly performance is -1.53%. On last trading day company shares ended up $7.70. Analysts mean target price for the company is $8.23. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 7.25%.
The Spain-based Telefonica SA (ADR) (NYSE:TEF) made an official statement revealing that it reached an agreement with Drillisch AG to sell 20% of its network capacity in an attempt to win the approval of antitrust regulators for its acquisition of the E-Plus division of Royal KPN NV. Telefonica S.A. (ADR) (NYSE:TEF) shares fell -0.64% in last trading session and ended the day on $17.11. TEF gross Margin is 70.60% and its return on assets is 3.70%.Telefonica S.A. (ADR) (NYSE:TEF) quarterly performance is 16.63%.
For the second time over the past year, Italian authorities are investigating Novartis AG (ADR) (NYSE:NVS) over allegations of wrongdoing. Novartis AG (ADR) (NYSE:NVS) shares moved down -0.21% in last trading session and was closed at $90.34, while trading in range of $89.96 – $90.38. Novartis AG (ADR) (NYSE:NVS) year to date (YTD) performance is 16.18%.
Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk said that the company will open a factory in Europe once annual sales cross 160,000 units. Tesla Motors Inc. (NASDAQ:TSLA) ended the last trading day at $236.89. Company weekly volatility is calculated as 3.65% and price to cash ratio as 11.38.Tesla Motors Inc. (NASDAQ:TSLA) showed a positive weekly performance of 4.30%.
Hemp, Inc. (OTCMKTS:HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), announced on 23 June that it has signed a consultant agreement with PPJ Enterprise (OTC:PPJE), a leader in medical practice information management. On last trading day company shares ended up $0.0588.