On June 10, 2014 Nokia Corporation (ADR) (NYSE:NOK), the Finnish telecom giant Nokia said that it has now completed acquiring Mesaplexx, the Australian company in order to also boost its radio capabilities within the networking business. Mesaplexx has very unique know-how in the development of compact & high performance radio frequency filter-technology use in the mobile industry. Nokia Corporation (ADR) (NYSE:NOK), net profit margin is -9.50% and weekly performance is 2.03%. On last trading day company shares ended up $8.04. Analysts mean target price for the company is $8.23. Nokia Corporation (ADR) (NYSE:NOK), distance from 50-day simple moving average (SMA50) is 6.56%.
On June 12, 2014, QUALCOMM, Inc. (NASDAQ:QCOM), has signed a comprehensive license agreement through its subsidiary Qualcomm Global Trading Pte with Rambus Inc. (NASDAQ:RMBS). The agreement will provide QUALCOMM with its line of subsidiary access to security technologies that are common with Rambus, as well as patented memory and interface. QUALCOMM, Inc. (NASDAQ:QCOM), fell 0.29% in last trading session and ended the day on $79.11. QCOM, Gross Margin is 60.00% and its return on assets is 14.80%. QUALCOMM, Inc. (NASDAQ:QCOM), quarterly performance is 6.40%.
On June 04, 2014, MobileTREC announced their partnership with InfoSonics Corporation (NASDAQ:IFON), to offer the world’s first smartphone pre-equipped with MobileTREC’s patented mobile safety platform. InfoSonics Corporation (NASDAQ:IFON), shares moved down 2.07% in last trading session and was closed at $1.89, while trading in range of $1.86 – 2.10. InfoSonics Corporation (NASDAQ:IFON), year to date (YTD) performance is 23.53%.
On June 10, 2014, Turtle Beach Corp (NASDAQ:HEAR), the leading audio brand in the video games industry, announced that a broad lineup of new headsets and partnerships spanning Xbox, PlayStation and PC gaming platforms will be unveiled at the Electronic Entertainment Expo (E3) in Los Angeles at Booth #1447 in the South Hall from June 10 to 12. Turtle Beach is the gaming audio brand of Turtle Beach Corporation (NASDAQ: HEAR). Turtle Beach Corp (NASDAQ:HEAR), ended the last trading day at $9.10. Company weekly volatility is calculated as 5.45% and price to cash ratio as 61.51. Turtle Beach Corp (NASDAQ:HEAR), showed a negative weekly performance of 3.09%.
On May 27, 2014, Zoom Technologies Inc (NASDAQ:ZOOM), received a Nasdaq Staff Deficiency Letter indicating that, as a result of the Company not timely filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 (the “2014 Q1 Report”), the Company failed to comply with the periodic filing requirements for continued listing set forth in Rule 5250(c)(1) of the Nasdaq Listing Rules. In accordance with Nasdaq Listing Rule 5810(c)(2), Nasdaq has provided the Company until June 16, 2014 to submit a plan to regain compliance. The Company expects to file its 2014 Q1 Report in short order, and fully expects to be able to meet the June 16, 2014 deadline. Zoom Technologies Inc (NASDAQ:ZOOM), weekly performance is -1.85%. On last trading day company shares ended up $2.65. Analysts mean target price for the company is $8.00. Zoom Technologies Inc (NASDAQ:ZOOM), distance from 50-day simple moving average (SMA50) is -14.77%.