Nokia Corporation (ADR) (NYSE:NOK)’s tax troubles in Indian only seem to worsen.The special audit against Nokia (NOK) India would be a comprehensive one, as the department suspects “considerable suppression” of income by the firm, sources said. India’s income tax department has now ordered a special audit of the accounts of the Finnish handset manufacturer’s local subsidiary for assessment year 2010-11. Scrutiny of transactions between Nokia India and Nokia Finland will be part of the audit, they added. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.64 moved to $7.65 on last trade day and at the end of the day closed at $7.35. Company price to sales ratio in past twelve months was calculated as 0.82 and price to cash ratio as 3.80. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 0.14%.
Alcatel Lucent SA (NYSE:ALU) was upgraded by stock analysts at Natixis from a “neutral” rating to a “buy” rating in a report issued on Wednesday, Analyst Ratings News reports Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell -4.36% in last trading session and ended the day on $3.95. ALU return on equity ratio is recorded as -182.30% and its return on assets is -15.00%. Alcatel Lucent SA (ADR) (NYSE:ALU) yearly performance is 196.99%.
Yahoo! Inc. (NASDAQ: YHOO) is trying to get into the content and programming business. And in a really big way. Sources say Yahoo! Inc. (NASDAQ:YHOO) is ready to pull the trigger on an order for four web series. These are not short-form web-only type series, but are full-blown 10-episode, half-hour comedies with budgets of up to a few million dollars per episode. Yahoo! Inc. (NASDAQ:YHOO) shares moved down -4.19% in last trading session and was closed at $34.26, while trading in range of $33.83-$36.05.Yahoo! Inc. (NASDAQ:YHOO) year to date performance is -15.28%.
T-Mobile Inc. chief executive John Legere is now offering BlackBerry Ltd (NASDAQ:BBRY) customers a US$100 credit, after the Waterloo, Ont. smartphone maker announced this week that it won’t be renewing its seller license with the U.S. carrier. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is -4.89%. On last trading day company shares ended up $8.00. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average is -15.83%. Analysts mean target price for the company is $10.90.
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