Nokia Corporation (ADR) (NYSE:NOK) has started a $100 million fund focused on improving the technology found in “smart” cars. In particular, NOK wants to advance vehicles’ mapping services, including their ability to detect nearby automobiles, for the sake of enhancing driver safety. Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.29 moved to $7.35 on last trade day and at the end of the day closed at $7.27 . Company price to sales ratio in past twelve months was calculated as 1.55 and price to cash ratio as 2.14. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 3.41%.
BlackBerry Ltd (NASDAQ:BBRY) is preparing to sell some of its real estate assets in Canada to San Francisco-based real estate investment company Spear Street Capital LLC for $278 million. BlackBerry said it would sell over 3 million square feet of space along with vacant lands. BlackBerry will also lease back a portion of the space. BlackBerry Ltd (NASDAQ:BBRY) shares fell -2.70% in last trading session and ended the day on $7.93. BBRY return on equity ratio is recorded as -8.67% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) yearly performance is -49.26%.
Microsoft Corporation (NASDAQ:MSFT) Director William H. Gates III sold 3,470,000 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $40.04, for a total value of $138,938,800.00. Following the sale, the director now directly owns 326,671,164 shares of the company’s stock, valued at approximately $13,079,913,407. Microsoft Corporation (NASDAQ:MSFT) shares moved down -0.66% in last trading session and was closed at $39.43 while trading in range of $39.30 – $39.64 – Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 6.19%.
Some of Twitter Inc. (NYSE:TWTR)’s biggest investors are hanging on to their stock, even as restrictions on selling the shares are set to lift. About 480 million shares from Twitter insiders will become eligible for sale tomorrow for the first time since the San Francisco-based company’s initial public offering in November. That’s more than four times the current amount available for trading, which could push the stock price down if those shareholders sell. Twitter Inc (NYSE:TWTR) weekly performance is -4.86%. On last trading day company shares ended up $38.75. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -19.18%. Analysts mean target price for the company is $44.73.
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