Nokia Corporation (ADR) (NYSE:NOK) India’s Supreme Court will resume hearing on March 11 Nokia’s appeal against a lower court ruling over transferring ownership of its local mobile phones plant which is the subject of a tax dispute to Microsoft, lawyers on the case said on Mar. 3. Nokia, which is selling its mobile phones business to Microsoft in a 5.4 billion euro ($7.5 billion) deal, last month appealed to the Supreme Court saying the Delhi High Court had imposed “new conditions” over the transfer of the plant, after previously lifting a freeze on the assets. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.93 in last session, and closed at $7.92, while the day range of NOK stock is $7.87-$7.98. The stock showed a positive weekly performance of 4.35%.
Zacks reiterated their neutral rating on shares of Sprint (NYSE:S) in a research note released on Friday morning, Stock Ratings Network.com reports. They currently have a $9.00 target price on the stock. Sprint Corporation (NYSE:S) stock opened at $8.52, in last session and closed at $8.71, by gained 0.93%. The 52 week range was $5.15-$11.47. Company’s market capitalization is $33.97 billion.
BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has sold its U.S. headquarters campus in Las Colinas to Canadian real estate company Brookfield Property Group, reports Candace Carlisle of Dallas Business Journal. The campus had long been an important part of the company’s operations. The terms of the deal were not disclosed. According to Berry Review, the company is currently focusing on setting up offices closer to the government and enterprise hubs. BlackBerry Ltd (NASDAQ:BBRY) stock loosed -2.42% and finished the last session at $9.67. The EPS of the stock remained -10.19. Company’s market capitalization is $5.09 billion.
This was a relatively quiet week for Tesla Motors Inc (NASDAQ:TSLA), which ended the week (from end-of-trading Friday, Feb. 28, to end-of-trading Friday, March 7), only 0.57% higher. That’s quite a contrast to the 16.80% that it soared the week before. This is the first time in quite a while that we’ve seen TSLA lag behind the stock market indexes — the DOW rose 0.80%, Nasdaq rose 0.65%, and the S&P 500, which hit an all-time record high two days in a row on Thursday and Friday, rose 1.00% for the week. Tesla Motors Inc (NASDAQ:TSLA) stock opened the session at $242.70, and closed the session at $238.84. The 52 week range of the TSLA stock remained $34.92-$256.00 and the day range was $236.06-$243.00.