Tag: WPCS International Incorp

  • Top Morning News: Nokia Corporation (ADR) (NYSE:NOK), WPCS International Incorporated (NASDAQ:WPCS), Telecom Argentina (NYSE:TEO), Cbeyond, Inc. (NASDAQ:CBEY), Iridium Communications (NASDAQ:IRDM)

    On 27 MAY Nokia Corporation (ADR) (NYSE:NOK)’s network unit, Nokia Solutions and Networks (“NSN”) sealed a five-year deal with Telenor – a multinational telecommunications company – to provide the latter with radio access equipment and accomplished services. The financial terms of the contract have, however, been kept under wraps. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 3.94%. On last trading day company shares ended up $7.92. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 6.89%.

    On 15 MAY WPCS International Incorporated (NASDAQ:WPCS) reminded shareholders of the special meeting of the stockholders to be held on May 30, 2014. The board of directors recommends that shareholders vote “FOR” all the proposals at the special meeting. WPCS International Incorporated (NASDAQ:WPCS) shares fell -7.25% in last trading session and ended the day on $0.640. WPCS Gross Margin is 26.70% and its return on assets is -83.00%. WPCS International Incorporated (NASDAQ:WPCS) quarterly performance is -60.74%.

    Telecom Argentina S.A. (ADR) (NYSE:TEO) recently announced a annual dividend, which is scheduled for Tuesday, June 17th. Shareholders of record on Monday, June 9th will be paid a dividend of $0.3846 per share. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, June 5th. Telecom Argentina S.A. (ADR) (NYSE:TEO) shares moved up 5.16% in last trading session and was closed at $21.62, while trading in range of $20.40 – $21.62. Telecom Argentina S.A. (ADR) (NYSE:TEO) year to date (YTD) performance is 27.78%.

    On 7 MAY Cbeyond, Inc. (NASDAQ:CBEY) announced its first quarter results. First quarter 2014 total revenue of $108.5 million compared with $119.9 million in the first quarter of 2013 and $111.5 million in the fourth quarter of 2013. Cbeyond, Inc. (NASDAQ:CBEY) 2.0 revenue was $24.5 million, or 22.5% of total revenue in the first quarter of 2014, an increase of 78.1% from the first quarter of 2013 and an increase of 19.0% from the fourth quarter of 2013. Average monthly revenue per customer (ARPU) of $661 during the first quarter of 2014 compared with $656 in the first quarter of 2013 and $658 in the fourth quarter of 2013 (see selected quarterly operating metrics table for ARPU definition). Cbeyond, Inc. (NASDAQ:CBEY) ended the last trading day at $9.89. Company weekly volatility is calculated as 0.61% and price to cash ratio as 11.65. Cbeyond, Inc. (NASDAQ:CBEY) showed a negative weekly performance of -0.30%.

    On 5 MAY Iridium Communications Inc. (NASDAQ:IRDM) announced that it has entered into a stock purchase agreement pursuant to which Iridium will issue 7,692,308 shares of Iridium’s common stock directly to certain Baron funds at a price of $6.50 per share for aggregate gross proceeds of $50,000,002. Iridium Communications Inc. (NASDAQ:IRDM) net profit margin is 14.60% and weekly performance is 8.11%. On last trading day company shares ended up $8.13. Analysts mean target price for the company is $8.80. Iridium Communications Inc. (NASDAQ:IRDM) distance from 50-day simple moving average (SMA50) is 12.00%.