Nokia Corporation (ADR) (NYSE:NOK) has tied up with Airtel to provide free Android app downloads for the Nokia XL owners from the Nokia Store and 1Mobile Store. Nokia, which has recently launched the Nokia XL smartphone in India, has partnered with Bharti Airtel to offer free downloads of Android apps till up to 500 MB limit for the Nokia XL owners. Obviously, those Nokia XL owners need to have Bharti Airtel’sSIM card in the smartphone to avail this offer for first six months. 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 11, Uruguay’s government-owned telecom company – Antel (Administración Nacional de Telecomunicaciones) – has chosen Alcatel Lucent SA (ADR) (NYSE:ALU) small cell technology to boost its mobile ultra-broadband capacity in congested and difficult-to-reach areas. Notably, Alcatel has been providing LTE and 3G technology support to Antel’s mobile networks. Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -2.07% in last trading session and ended the day on $3.79. Gross Margin is 33.00% and its return on assets is -6.60%. Alcatel Lucent SA (ADR) (NYSE:ALU) quarterly performance is -1.30%.
On June 12, Qualcomm’s Inc (NASDAQ:QCOM) revenue and earnings growth is superior to most large-cap technology stocks, says Canaccord Genuity, which Thursday upped its price target on the stock to 95 from 90. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved down -0.29% in last trading session and was closed at $79.11, while trading in range of $78.93 – $79.82. QUALCOMM, Inc. (NASDAQ:QCOM) year to date (YTD) performance is 7.60%.
May 27, 2014 – JDS Uniphase Corp (NASDAQ:JDSU) announced that its Board of Directors has authorized a program to repurchase up to $100 million of the Company’s common stock through open market or private transactions between now and June 27, 2015, the end of the Company’s fiscal year 2015. JDSU had $926.2 million in total cash as of March 29, 2014 and generated $58.3 million in free cash flow during the first nine months of fiscal year 2014. The timing of repurchases and the number of shares repurchased will depend upon business and financial market conditions. JDS Uniphase Corp (NASDAQ:JDSU) ended the last trading day at $11.59. Company weekly volatility is calculated as 2.52% and price to cash ratio as 3.04. JDS Uniphase Corp (NASDAQ:JDSU) showed a positive weekly performance of 4.60%.
On June 10, Combining the best technologies from both data center networks and metro networks, Ciena Corporation (NYSE:CIEN) the network specialist, is introducing its programmable 8700 Packetwave Platform, a multi-terabit switching solution that will transform how metro and inter-data center networks are designed, deployed, and operated. Ciena Corporation (NYSE:CIEN) net profit margin is -1.70% and weekly performance is 0.36%. On last trading day company shares ended up $22.31. Analysts mean target price for the company is $27.85. Ciena Corporation (NYSE:CIEN) distance from 50-day simple moving average (SMA50) is 10.81%.