Tech Runners: Nokia Corporation (ADR) (NYSE:NOK), Groupon Inc (NASDAQ:GRPN), Cisco Systems, Inc. (NASDAQ:CSCO), Micron Technology, Inc. (NASDAQ:MU), Sprint Corporation (NYSE:S)

Nokia Corporation (ADR) (NYSE:NOK), has introduced a full time security unit, in a bid to improve its services and security devices. The new division will function under the Mobile Broadband group, which is a significant division of the company’s Nokia Solutions and Networks (NSN) sector. Nokia Corporation (ADR) (NYSE:NOK), net profit margin is -9.50% and weekly performance is 3.32%. On last trading day company shares ended up $8.10. Analysts mean target price for the company is $34.27. Nokia Corporation (ADR) (NYSE:NOK), distance from 50-day simple moving average (SMA50) is 9.07%.

Groupon Inc (NASDAQ:GRPN)’s shares dropped 2.21% to $5.75. In an effort to make sustainability more affordable than ever, Groupon and SolarCity have created the first online offer of its kind for solar power systems. Groupon (GRPN) will work with SolarCity (SCTY), the nation’s largest solar power provider, to offer deals on solar systems in the Groupon marketplace. SolarCity makes it possible for many homeowners to pay less for solar electricity than they pay for utility power. For a limited time, customers can benefit from additional savings with a deal from Groupon by paying $1 for $400 off home solar power. Groupon Inc (NASDAQ:GRPN), fell 6.46% in last trading session and ended the day on $5.50. GRPN, Gross Margin is 55.30% and its return on assets is -6.30%. Groupon Inc (NASDAQ:GRPN), quarterly performance is -34.91%.

Cisco Systems, Inc. (NASDAQ:CSCO), Director M Michele Burns unloaded 10,000 shares of the stock on the open market in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $24.68, for a total value of $246,800.00. Following the sale, the director now directly owns 59,864 shares in the company, valued at approximately $1,477,444. Cisco Systems, Inc. (NASDAQ:CSCO), shares moved up 0.65% in last trading session and was closed at $24.78, while trading in range of $ 24.56 – 24.80. Cisco Systems, Inc. (NASDAQ:CSCO), year to date (YTD) performance is 12.28%.

Aptina has now entered an agreement to acquire Color Filter Array (CFA) processing & probe- imaging assets from Micron Technology, Inc. (NASDAQ:MU). Apart from this, Aptina will also lease from the latter its Nampa; Idaho fabrication-facility called Fab 9D where CFA processing is situated. Micron Technology, Inc. (NASDAQ:MU), ended the last trading day at $28.66. Company weekly volatility is calculated as 2.25% and price to cash ratio as 6.81. Micron Technology, Inc. (NASDAQ:MU), showed a positive weekly performance of 4.87%.

Softbank Corp, the parent company of Sprint Corporation (NYSE:S), is clearly making the planned efforts to enhance the growth for the company. It is making all the best efforts to finalize the acquisition deal with T-Mobile US Inc (NYSE:TMUS). Even the street is expecting the positive results in the coming days. The anticipated deal is driving the stocks higher. Sprint Corporation (NYSE:S), net profit margin is -7.80% and weekly performance is 5.09%. On last trading day company shares ended up $9.71. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S), distance from 50-day simple moving average (SMA50) is 9.72%.

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