Nokia Corp. (ADR) (NYSE:NOK) said on 15 May that 5,000 employees at its factory in the southern Indian city of Chennai have opted for a severance package after Wednesday’s deadline passed. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50%. On last trading day company shares ended up $7.24. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -2.62%.
Ciena® Corporation (NYSE:CIEN) expects to announce results for its fiscal second quarter ended May 3, 2014 on Thursday, June 5, 2014 before the open of the financial markets. Ciena Corporation (NYSE:CIEN) shares fell -0.11% in last trading session and ended the day on $18.95. CIEN gross Margin is 41.40% and its return on assets is -3.10%.Ciena Corporation (NYSE:CIEN) quarterly performance is -24.20%.
The Federal Circuit on Friday affirmed a lower court’s decision that upheld a Fujitsu Ltd. patent for optical communications technology but determined that Tellabs Inc. (NASDAQ:TLAB) Operations Inc. didn’t infringe the disputed intellectual property. In a per curiam ruling, the three-judge panel agreed with an Illinois federal judge’s January 2013 decision denying both Fujitsu and Tellabs judgment as a matter of law in one of a slew of patent infringement cases between the two parties. Tellabs, Inc. (NASDAQ:TLAB) shares in last trading session and was closed at $2.44.
ADTRAN®, Inc., (NASDAQ:ADTN), announced the introduction of the game-changing NetVanta 6360 Carrier Ethernet Customer Edge IP Business Gateway. ADTRAN, Inc. (NASDAQ:ADTN) ended the last trading day at $21.53. Company weekly volatility is calculated as 3.30% and price to cash ratio as 8.55.ADTRAN, Inc. (NASDAQ:ADTN) showed a negative weekly performance of -0.92%.
RWE AG (ADR) (OTCMKTS:RWEOY) cut its 2014 outlook to reflect the sale of its oil-and-gas production unit RWE Dea to a group of Russian investors and said first-quarter net profit fell 27%, as subsidized renewable energies continue to undermine its power generation business. On last trading day RWE AG (ADR) (OTCMKTS:RWEOY) shares ended up $36.54.