TomTom NV (AMS:TOM2) rose the most in eight months as the Dutch navigation-device maker raised its earnings forecast after first-quarter results beat estimates and the company sold more profitable sports watches. TomTom NV (AMS:TOM2) shares after opening at EUR4.99 moved to EUR5.24 on last trade day and at the end of the day closed at EUR5.11.
Cisco Systems, Inc. (NASDAQ:CSCO) announced that it will make its service provider customer premise equipment (CPE) routing software available in open-source format. Among the beneficiaries will be the RDK Management, LLC for use with the Reference Design Kit (RDK) on future devices other than set-top boxes, such as modems, routers or converged gateways. Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 0.61% in last trading session and ended the day on $23.16. CSCO return on equity ratio is recorded as 14.20% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 13.81%
Ericsson (ADR) (NASDAQ:ERIC) missed the estimate by a penny when it recorded 14 cents (SEK 0.90) worth Non-IFRS revenues during the first three months of 2014.Ericsson is a Stockholm based Swedish company dealing in communications technology and associated services. Multiple reasons are affiliated for the sluggish performance of the communications giant. Primarily, slowdown in the support solutions division along with Network and International Services are cited for the current results which could not match up to the forecasted results. Ericsson (ADR) (NASDAQ:ERIC) shares moved up 1.43% in last trading session and was closed at $12.05 while trading in range of $11.98 – $12.08 – Ericsson (ADR) (NASDAQ:ERIC) year to date (YTD) performance is 2.03%.
Juniper Networks, Inc. (NYSE:JNPR) issued a press release in which they announced preliminary financial results for the quarter ended March 31, 2014. Juniper Networks, Inc. (NYSE:JNPR) weekly performance is -6.22%. On last trading day company shares ended up $24.28. Juniper Networks, Inc. (NYSE:JNPR) distance from 50-day simple moving average (SMA50) is -6.42%. Analysts mean target price for the company is $28.87.
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