Trader’s Alert: Nokia Corporation (NYSE:NOK), Ericsson (NASDAQ:ERIC), Amazon.com, (NASDAQ:AMZN), Yahoo! Inc. (NASDAQ:YHOO)

Nokia Corporation (ADR) (NYSE:NOK) wholly-owned subsidiary, Nokia Solutions and Networks (“NSN”), has decided to add more location-aware capabilities to its base stations. This will be done through enhancing the company’s Liquid applications for which NSN collaborated with ChinaCache. NSN is conducting trial runs with several wireless operators to test its liquid technology. Notable among them is SK Telecom Co. Ltd. (SKM). Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.40 on last trade day and at the end of the day closed at $7.17. Company price to sales ratio in past twelve months was calculated as 0.76 and price to cash ratio as 3.56. Nokia Corporation (ADR) (NYSE:NOK) showed a negative weekly performance of -4.91%.

March 18, 2014 — In Ericsson (ADR) (NASDAQ:ERIC) vision of the Networked Society there will be 50 billion connected devices by 2020, 15 billion of which will be video enabled. The proliferation of these devices, combined with consumer willingness to pay for high quality, premium content, is resulting in a new age of TV Anywhere. Today’s TV service providers must deal with an ever-growing level of infrastructure complexity to deliver high quality video anywhere, anytime and to any device, faster than their existing and new competitors. Ericsson (ADR) (NASDAQ:ERIC) shares advanced1.48% in last trading session and ended the day on $13.06. ERIC return on equity ratio is recorded as -0.60% and its return on assets is 0.30%. Ericsson (ADR) (NASDAQ:ERIC) yearly performance is 7.14%.

Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest online retailer, announced that it will build a fulfillment center in Kent, WA. This will be the company’s fourth fulfillment center in the state and join the ones already operational in Sumner and Bellevue and the DuPont facility, which is on the verge of completion. According to Amazon, the one million-square-foot center will create hundreds of full-time jobs in the town. Amazon.com, Inc. (NASDAQ:AMZN) shares moved down -2.26% in last trading session and was closed at $360.62, while trading in range of $358.40 – $372.84. Amazon.com, Inc. (NASDAQ:AMZN) year to date (YTD) performance is -9.57%.

Yahoo! Inc. (NASDAQ:YHOO) has unveiled a new platform for gaming, as the Web portal seeks to expand its user base and ultimately parlay that into higher revenue. The Yahoo Games Network will offer game developers ways to distribute and monetize games and even analyze user engagement. Yahoo! Inc. (NASDAQ:YHOO) weekly performance is 0.90%. On last trading day company shares ended up $37.94. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is 757%. Analysts mean target price for the company is $41.16.

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