Finance

Communication Equipment Most Active Stocks: Nokia Corporation (NYSE:NOK), Alcatel Lucent (NYSE:ALU), QUALCOMM (NASDAQ:QCOM), Ericsson (NASDAQ:ERIC)

Nokia Corporation (ADR) (NYSE:NOK) Still Fighting to Get India Assets Transferred. Nokia says Indian tax authority action is part of Supreme Court appeal, Brett Young, spokesman for Nokia, says in e-mailed response to questions. Nokia Corporation (ADR) (NYSE:NOK) stock performance was -0.77% in last session and finished the day at $7.75. Traded volume was 13.95 million shares in the last session and the average volume of the stock remained 20.31 million shares. The beta of the stock remained 1.83. Nokia Corporation (ADR) (NYSE:NOK) insider ownership is -.

Alcatel Lucent SA (NYSE:ALU) was upgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $5.50 price target on the stock, up from their previous price target of $5.00. BMO Capital Markets’ price target would suggest a potential upside of 34.80% from the company’s current price. (ADR) (NYSE:ALU) $4.08 yesterday on volume of 8.87 million shares. The intra-day range of the stock was $3.98 – $4.08. Alcatel Lucent SA (ADR) (NYSE:ALU) has a market capitalization of 9.77 billion.

Qualcomm Incorporated (NASDAQ:QCOM)President Barack Obama will travel to California in May to raise money for House Democrats at the home of Qualcomm Inc. founder Irwin Jacobs. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on March 12, 2014 reported a higher of 0.34% to the closing price of $76.97. Its fifty two weeks range is $59.02 – $77.20. The total market capitalization recorded 129.93 billion. The overall volume in the last trading session was 6.90 million shares. In its share capital, QUALCOMM, Inc. (NASDAQ:QCOM) has 1.69 billion outstanding shares.

ICT plays a critical role in global disaster response, where efficient and effective emergency communications contribute to saving lives and alleviating suffering. Ericsson (NASDAQ:ERIC) and Save the Children yesterday announced that the parties have signed a partnership agreement for global disaster response. On Wednesday, shares of Ericsson (ADR) (NASDAQ:ERIC) advanced 0.08% to close the day at $12.88. Company return on investment (ROI) is 3.80% and its monthly performance is recorded as 3.37%. Ericsson (ADR) (NASDAQ:ERIC) quarterly revenue growth is 5.92%.