Tech Movers: Nokia Corporation (ADR) (NYSE:NOK), Taiwan Semiconductor Mfg. (NYSE:TSM), Verizon Communications Inc. (NYSE:VZ), Micron Technology, Inc. (NASDAQ:MU)

Posted by on Apr 17, 2014

Nokia Corporation (ADR) (NYSE:NOK) received regulatory approval from China to sell its flagship business to Microsoft. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.20 moved to $7.33 on last trade day and at the end of the day closed at $7.30. Company price to sales ratio in past twelve months was calculated as 0.79 and price to cash ratio as 3.69. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -6.53%.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) orders machinery equipment worth T$553.9 million. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares fell -1.76% in last trading session and ended the day on $20.15.TSM return on equity ratio is recorded as 15.80% and its return on assets is 10.70%. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) yearly performance is 21.24%.

Verizon Wireless Communications Inc. (NYSE:VZ) Enhances Network Coverage in Alton Bay, New Hampshire. Verizon Communications Inc. (NYSE:VZ) shares moved up 0.38% in last trading session and was closed at $47.10, while trading in range of $46.70 – $47.16. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is -2.04%.

EVA Dimensions upgraded shares of Micron Technology (NYSE:MU) from a hold rating to an overweight rating in a research report released on Tuesday morning, Analyst Ratings Network reports. Micron Technology, Inc. (NASDAQ:MU) weekly performance is -0.53%. On last trading day company shares ended up $22.48. Micron Technology, Inc. (NASDAQ:MU) distance from 50-day simple moving average (SMA50) is -5.94%. Analysts mean target price for the company is $28.36.

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