Nokia Corp. (ADR) (NYSE:NOK) received a third upgrade to its debt rating this week, with Standard & Poor’s Ratings Services boosting the Finnish company’s long-term credit rating closer to investment grade following the €5.4 billion ($7.4 billion) sale of its handset business to Microsoft Corp. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is -2.82%. On last trading day company shares ended up $7.23. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -2.60%.
Barclays reissued their equal weight rating on shares of VimpelCom Ltd (ADR) (NYSE:VIP) in a research report sent to investors on Friday morning. The firm currently has a $9.50 price target on the stock, down from their previous price target of $10.30. VimpelCom Ltd (ADR) (NASDAQ:VIP) shares advanced 1.94% in last trading session and ended the day on $7.88. VIP gross Margin is 71.70% and its return on assets is 3.80%.VimpelCom Ltd (ADR) (NASDAQ:VIP) quarterly performance is -22.21%.
Koninklijke KPN N.V. (ADR)(OTCMKTS:KKPNY) Q1 revenues 1,996 million euro, Q1 profit for the period (net profit) 3 million euro, Adjusted adjusted ebitda down 21 percent to 621 million euros versus. 785 million euros last year. Koninklijke KPN N.V. (ADR)(OTCMKTS:KKPNY) shares moved up 0.82% in last trading session and was closed at $3.71, while trading in range of $3.69 – $3.73.
Marvell (NASDAQ:MRVL) on 14 may announced that its ARMADA® Mobile PXA1088LTE (also known as PXA1920) and PXA1801 completed the Verizon Wireless Chipset Certification Process for 4G LTE data devices. The high performance, award winning, 5-mode ARMADA Mobile PXA1088LTE single-chip System-on-Chip (SoC) and PXA1801 modem have been verified and now are acceptable for use on the Verizon’s 4G LTE network, continuing the chip sets wide adoption by top mobile operators worldwide. Both chipsets currently are shipping globally. Marvell Technology Group Ltd. (NASDAQ:MRVL) ended the last trading day at $15.62. Company weekly volatility is calculated as 2.60% and price to cash ratio as 3.99.Marvell Technology Group Ltd. (NASDAQ:MRVL) showed a negative weekly performance of -0.13%.
The war of words between Cisco Systems Inc. and VMware Inc. (NYSE:VMW) continued apace this week on the cusp of the big Cisco Live conference in San Francisco, where more sparks might fly. VMware, Inc. (NYSE:VMW) net profit margin is 19.30% and weekly performance is 0.24%. On last trading day company shares ended up $95.23. Analysts mean target price for the company is $110.44. VMware, Inc. (NYSE:VMW) distance from 50-day simple moving average (SMA50) is -6.08%.