Finnish telecom giant Nokia Corporation (ADR) (NYSE:NOK) on Thursday 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 -3.08%. On last trading day company shares ended up $7.88. Analysts mean target price for the company is $8.10. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average is 5.31%.
Youku Tudou Inc (NASDAQ:YOKU) has received an average recommendation of “Hold” from the twelve ratings firms that are presently covering the company. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have issued a buy recommendation on the company. Youku Tudou Inc (ADR) (NYSE:YOKU) shares fell -0.05% in last trading session and ended the day on $19.04. YOKU Gross Margin is 17.90% and its return on assets is -5.40%. Youku Tudou Inc (ADR) (NYSE:YOKU) quarterly performance is -46.53%.
Analysts at Pacific Crest cut their price target on shares of . YY Inc (ADR) (NASDAQ:YY) from $105.00 to $93.00 in a research note on Tuesday. YY Inc (ADR) (NASDAQ:YY) shares moved down -0.30% in last trading session and was closed at $65.21, while trading in range of $64.23-$66.00. YY Inc (ADR) (NASDAQ:YY) year to date performance is 29.70%.
International Business Machines Corp. (NYSE:IBM) and Lenovo are reported to have sought an extension of time in the U.S. review of their proposed deal. The move would give the Committee on Foreign Investment in the U.S. (CFIUS) more time to look into the U.S. national security issues in the deal, and that could also benefit the two companies that are plotting the deal. International Business Machines Corp. (NYSE:IBM) ended the last trading day at $186.37. Company weekly volatility is calculated as 0.91% and price to cash ratio as 19.44. International Business Machines Corp. (NYSE:IBM) showed a positive weekly performance of 1.09%.
Oracle Corporation (NYSE: ORCL) announced that its fourth quarter fiscal year 2014 results will be released on Thursday, June 19th, after the close of the market. Oracle will host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss the financial results. Oracle Corporation (NYSE:ORCL) net profit margin is 29.30% and weekly performance is 1.45%. On last trading day company shares ended up $42.63. Analysts mean target price for the company is $42.25. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average is 4.42%.
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