Ericsson (ADR) (NASDAQ:ERIC) is a provider of communication networks, related services and multimedia solutions. Ericsson has recently announced the appointment of heads to their new business units. The units are named business unit Radio and business unit Cloud & IP. Ericsson (ADR) (NASDAQ:ERIC) stock performance was 0.90% in last session and finished the day at $12.36. Traded volume was 3.12million shares in the last session and the average volume of the stock remained 4.42million shares. The beta of the stock remained 1.01.
Sony Corp (ADR) (NYSE:SNE) aims to expand sales of its PlayStation 4 games console as the key driver of its fast-growing network and streaming services business, Chief Executive Kazuo Hirai said on Monday. Sony Corp (ADR) (NYSE:SNE) rose 3.29 percent to $16.64 Tuesday on volume of 2.47million shares. The intra-day range of the stock was $16.48 to $16.71. Sony Corp (ADR) (NYSE:SNE) has a market capitalization of $17.37billion.
In the discrete graphics space, only NVIDIA Corporation (NASDAQ:NVDA) and AMD remain as serious players. Both companies release products at about the same cadence, and both build their graphics products on similar manufacturing processes with similar transistor budgets. NVIDIA Corporation (NASDAQ:NVDA)’s stock on May 27, 2014 reported a increase of 1.78% to the closing price of $18.82. Its fifty two weeks range is $13..11 -$19.46. The total market capitalization recorded $10.50billion. The overall volume in the last trading session was 5.24million shares. In its share capital, NVDA has 557.97million outstanding shares.
In other news, ARM Holdings PLC (ADR) (NASDAQ:ARMH), a leading semiconductor intellectual property company, has inked a long-term lease at Encino Trace. The office park will serve as the new location for ARM Holdings’ Austin engineering design center. On Tuesday, shares of ARM Holdings plc (ADR) (NASDAQ:ARMH) advanced 3.90% to close the day at $46.63. Company return on investment (ROI) is 7.30% and its monthly performance is recorded as -2.26%. ARM Holdings plc (ADR) (NASDAQ:ARMH) quarterly revenue growth is -3.54%.