Top Stories: Nokia Corporation (ADR) (NYSE:NOK), Xerox Corp (NYSE:XRX), Super Micro Computer (NASDAQ:SMCI), SAP AG (ADR) (NYSE:SAP), adidas AG (ADR) (OTCMKTS:ADDYY)

Nokia Networks, a division of Finnish telecommunications equipment manufacturer Nokia Corporation (ADR) (NYSE:NOK) recently entered into a patent licensing deal with Wi-LAN. Nokia Networks will acquire licenses to a broad range of Wi-LAN’s wireless patent portfolio covering CDMA, WCDMA, GSM, HSPA and 4G LTE technologies. Similarly, Wi-LAN will also take possession of a portfolio of patent from Nokia. However, the financial terms of the deal have been kept under wraps. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is -0.92%. On last trading day company shares ended up $7.54. Analysts mean target price for the company is $8.23. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 3.10%.

Xerox Corp (NYSE: XRX) recently supported raids and prosecutions around the world to protect customers from counterfeit consumables and products, which unknowingly lead to damaged equipment, shoddy output and higher costs. Xerox Corp (NYSE:XRX) shares advanced 2.21% in last trading session and ended the day on $12.47. XRX gross Margin is 31.70% and its return on assets is 3.90%.Xerox Corp (NYSE:XRX) quarterly performance is 9.10%.

Equities research analysts at Stifel Nicolaus hoisted their price targetwallstcheatsheet.comprice target on shares of Super Micro Computer Inc. (NASDAQ:SMCI) from $23.00 to $30.00 in a research notewallstcheatsheet.comresearch note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 18.72% from the stock’s previous close. Super Micro Computer, Inc. (NASDAQ:SMCI) shares moved up 2.68% in last trading session and was closed at $24.90, while trading in range of $24.11 – $25.19. Super Micro Computer, Inc. (NASDAQ:SMCI) year to date (YTD) performance is 45.10%.

SAP AG (NYSE:SAP) on 1st July announced a co-innovation pilot with Volkswagen AG and further partners that intends to use mobility-and cloud services from SAP to help drivers locate parking and nearby food offers in Hannover, Germany. SAP AG (ADR) (NYSE:SAP) ended the last trading day at $78.51. Company weekly volatility is calculated as 0.66% and price to cash ratio as 15.45.SAP AG (ADR) (NYSE:SAP) showed a positive weekly performance of 1.43%.

As reported by a person familiar with the process, Adidas AG (ADR) (OTCMKTS:ADDYY) offered more than 60 million pounds (103 million dollars) on an yearly basis to Manchester United in return to the rights to supply the U.K. team’s sportswear, stealing the deal right under the nose of its major rival Nike Inc. On last trading day company shares ended up $49.20.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *