Finland’s Nokia Corporation (ADR) (NYSE:NOK), has taken an initial step towards seeking international arbitration to resolve the multi-million dollartax disputes related to its manufacturing plant in Chennai, sending a letter to the Prime Minister under the bilateral treaty between the two countries. Nokia Corporation (ADR) (NYSE:NOK), net profit margin is -9.50% and weekly performance is -0.14%. On last trading day company shares ended up $7.28. Analysts mean target price for the company is $8.07. Nokia Corporation (ADR) (NYSE:NOK), distance from 50-day simple moving average (SMA50) is -2.33%.
On May 13, 2014, Telecom Italia SpA (ADR) (NYSE:TI), said first-quarter core profit (EBITDA) fell 8.4 percent to 2.20 billion euros (1.79 billion pounds), matching a Thomson Reuters I/B/E/S consensus of 2.21 billion euros. Telecom Italia SpA (ADR) (NYSE:TI), advanced 1.16% in last trading session and ended the day on $12.21. TI, Gross Margin is 56.70% and its return on assets is -6.00%. Telecom Italia SpA (ADR) (NYSE:TI), quarterly performance is 4.99%.
On May 13, 2014, JinkoSolar Holding Co., Ltd. (NYSE:JKS), a global leader in the solar modules (PV) industry, announced that it has won contracts to supply 100 MV of PV modules for two projects in Chile. The projects are expected to generate 132 megawatts and 88 megawatts of energy respectively every year. With increase in demand for renewable energy sources and demand from emerging market, JinkoSolar is busy pacing up to the industry demands. JinkoSolar Holding Co., Ltd. (NYSE:JKS), shares moved down 2.67% in last trading session and was closed at $26.26, while trading in range of $26.18 – 27.32. JinkoSolar Holding Co., Ltd. (NYSE:JKS), year to date (YTD) performance is -10.38%.
On May 06, 2014, ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic (“PV”) products, announced it has been contracted to provide 1.6MW in solar modules and 1MW in mounting systems to Consolidated Energy & Economic Engineering Co. (“Consolidated Energy”) to power a series of residential and commercial rooftop projects in Jordan. ReneSola Ltd. (ADR) (NYSE:SOL), ended the last trading day at $2.55. Company weekly volatility is calculated as 7.05% and price to cash ratio as 2.99. ReneSola Ltd. (ADR) (NYSE:SOL),showed a negative weekly performance of -3.77%.
On May 08, 2014, Magyar Telekom Tavkozlesi Nyrt (ADR) (OTCMKTS:MYTAY), personally or by mail with a cheque deposit accounts after 142 transaction fee reported to clients. The decision of the appeal court in the capital, according to the practice of the telecommunications company fogyasztóellenes was therefore unfairly collected fees to pay back those affected. Magyar Telekom Tavkozlesi Nyrt (ADR) (OTCMKTS:MYTAY), on last trading day company shares ended up $7.33.
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