Although the headlines have focused on the sale of Nokia Corporation (ADR) (NYSE:NOK) Devices and Services division to Microsoft that was completed this week, parent company Nokia Corporation has announced that Rajeev Suri will become president and CEO of what’s left of the company. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.21 moved to $7.22 on last trade day and at the end of the day closed at $7.03. Company price to sales ratio in past twelve months was calculated as 1.50 and price to cash ratio as 2.06. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -5.38%.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) which is a China based travel accommodation and attendant logistic services provider for the corporate and enterprise sector announced yesterday that it has entered into a stake purchase agreement with Tongcheng Network Technology Share Co., Ltd, thanks to which it would become the second biggest share holding company in Tongcheng Network. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) shares fell -1.00% in last trading session and ended the day on $45.03. CTRP return on equity ratio is recorded as 13.20% and its return on assets is 6.50%. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) yearly performance is 102.66%.
For the first quarter Scorpio Tankers Inc. (NYSE:STNG) posted earnings of 1 cent a share, missing the Capital IQ Consensus Estimate of 3 cents a share by 2 cents. Revenue grew 70.8% from the year-ago quarter to $76.7 million, beating the consensus estimate of $74.84 million. The earnings include a gain of $51.4 million, or 27 cents a share, from the sale of seven Very Large Crude Carriers under construction. Scorpio Tankers Inc. (NYSE:STNG) shares moved up 4.07% in last trading session and was closed at $9.21, while trading in range of $8.99 – $9.72. Scorpio Tankers Inc. (NYSE:STNG) year to date (YTD) performance is -21.28%.
One of the largest producers of storage and consumer semiconductor, Marvell Technology Group Ltd. (NASDAQ:MRVL) is rapidly innovating to produce products that can meet the growing demand of semiconductors in various domains. Recently it has partnered with Swisscom to expand and extend its products and services to maximum consumers. However, there have been some glitches that the company needs to overcome to be assured of smooth advancement towards better services and products. Marvell Technology Group Ltd. (NASDAQ:MRVL) weekly performance is -0.51%. On last trading day company shares ended up $15.72. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average (SMA50) is 0.44%. Analysts mean target price for the company is $16.52.