Why Investor Are Watching: Intel Corporation (NASDAQ:INTC), Nokia Corporation (ADR) (NYSE:NOK), Abbott Laboratories (NYSE:ABT), SolarCity Corp (NASDAQ:SCTY)

Posted by on Apr 16, 2014

Intel Corporation (NASDAQ:INTC), the world’s largest manufacturer of semiconductors and one of the more stable companies in a volatile tech sector, announced first quarter earnings results for fiscal 2014 (1QFY14; ended March 29, 2014) yesterday after the closing bell. Intel Corporation (NASDAQ:INTC) stock opened today at $26.98 and is currently trading at $26.84. The stock showed a negative weekly performance of -0.52%.

Nokia Corporation (ADR) (NYSE:NOK) received regulatory approval from China to sell its flagship business to Microsoft. It gives big relive for the Company to get a green signal across major markets without any compliance issues. The Company expects authorities across the U.S., Europe and China that may challenge Nokia’s compliance under standard essential patents (FRAND undertakings). Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.20, in current trading session and currently is at $7.26, by gaining 1.61%.The 52 week range of $3.02-$8.20.Company’s market capitalization is $26.97 billion.

Abbott Laboratories said its first-quarter earnings fell 31% as the health-care products company reported negative currency impacts masked modest overall sales growth. Abbott Laboratories (NYSE:ABT) stock is currently trading at $38.02.The EPS of the stock is 1.52.Company’s market capitalization is $58.67 billion.

The Shareholders Foundation announces that an investor, who purchased shares ofSolarCity Corp (NASDAQ:SCTY), filed a lawsuit in the U.S. District Court for the NorthernDistrict of California over alleged violations of Federal Securities Laws by SolarCity Corp in connection with certain allegedly false and misleading statements made between March 6, 2013 and March 18, 2014. SolarCity Corp (NASDAQ:SCTY) stock opened the session at $54.43, and now is at $54.86. The 52 week range of the SCTY stock remained $18.81-$88.35 and the day range was $52.76-$55.39.

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