Finnish telecom giant Nokia Corporation (ADR) (NYSE:NOK) said it has completed the acquisition of the Australian company Mesaplexx Pty Limited in order to boost its radio capabilities in the networks business. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 1.52%. On last trading day company shares ended up $8.04. Analysts mean target price for the company is $89789. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average is 7.66%.
Oracle Corporation (NYSE:ORCL) is one of the leading tech companies of the modern era. Despite having not so consistent global market conditions, ORCL is trying to increase its market share. It recently announced the acquisition of providence company GreenBytes. There are mixed reactions in the market about it.Oracle Corporation (NYSE:ORCL) shares advanced 0.96% in last trading session and ended the day on $42.10. ORCL Gross Margin is 81.90% and its return on assets is 13.10%. Oracle Corporation (NYSE:ORCL) quarterly performance is 7.02%.
Cisco operations in China have been thrown into disarray after the country’s state media alleged that the company is complicit with the U.S Spying. Cisco Systems, inc. (NASDAQ:CSCO) has vehemently denied the allegations maintaining it always maintains professionalism with its operations. The state media through a publication on the China youth daily stated that Cisco carries own intimately with the U.S government as well as the military in the act of exploiting market advantage in the Chinese information networks. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved up 0.82% in last trading session and was closed at $24.70, while trading in range of $24.41-$24.74. Cisco Systems, Inc. (NASDAQ:CSCO) year to date performance is 11.92%.
Lululemon Athletica inc. (NASDAQ:LULU) was upgraded by investment analysts at Sterne Agee from an “underperform” rating to a “neutral” rating in a note issued to investors on Thursday. Lululemon Athletica inc. (NASDAQ:LULU) ended the last trading day at $42.87. Company weekly volatility is calculated as 2.52% and price to cash ratio as 8.93. Lululemon Athletica inc. (NASDAQ:LULU) showed a negative weekly performance of -3.51%.
Amazonica Corp (OTCBB:AMZZ) is in the development stage with no revenue and limited operating history. Amazonica Corp (OTCBB:AMZZ) On last trading day company shares ended up $0.0190.
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