Google Inc. (GOOG)’s sale of Motorola Mobility holds a clear lesson for Microsoft Corp. (MSFT)’s acquisition of another smartphone maker, Nokia Corporation (ADR) (NYSE:NOK). Be a hardware or software company, not both. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.03 in last trading session, and closed at $7.04, trading in the range of $6.98 – $7.15. The stock showed a negative weekly performance of -8.57%.
The Dow Chemical Company (NYSE:DOW) swung to a profit for the fourth quarter, with Chief Executive Andrew Liveris saying sales of paints and plastics have taken off in an improved U.S. economy. Dow, which has faced pressure from activist investor Daniel Loeb, also disclosed Wednesday plans to triple its stock buyback authorization to $4.5 billion and boost the… The Dow Chemical Company (NYSE:DOW) shares closed at $44.73 on last trade day, by gaining (3.88%. Stock 52 week range is $29.81 – $46.85. Company’s market capitalization is $54.25 billion.
Late last year, Samsung found itself in trouble over claims it had secretly spied on Apple Inc. (NASDAQ:AAPL) and Nokia documents to gain a better position in patent deals. It denied any wrongdoing, saying it hadn’t done so wilfully, and now US judge Paul S. Grewal has finally drawn the same conclusion. PCWorld reports that the US District Court for the Northern District of California ruled Wednesday that the Korean company could not have used confidential information for its patent licensing talks with Nokia, a deal that was extended in November, because it already knew all of the terms ahead of the leak. Apple Inc. (NASDAQ:AAPL) stock decreased -1.14% and finished the last session at $500.75. The EPS of the stock remained 40.32. Company’s market capitalization is $446.89 billion.
The Coca-Cola Company (NYSE:KO) has apologized for a digital campaign in South Africa that allowed consumers to replace the “Coca-Cola” script on its iconic red soda cans with alternative words like “straight” but didn’t allow the use of “gay.” The Coca-Cola Company (NYSE:KO) stock opened at $38.57 in last trading session and closed at $37.90. The 52 week range of the stock is $36.54 – $43.43 and the day range was $37.82 – $38.57.
Brazil’s largest integrated energy firm, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has brought online its third LNG (liquefied natural gas) Regasification Terminal in the state of Bahia. The 14 million cubic meter/day terminal added the first produce to the Brazilian gas pipeline network on Jan 24. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares closed at $11.34 on last trade day, by losing -2.74%. Stock 52 week range is $11.23 – $19.65. Company’s market capitalization is $73.96 billion.