Nokia Corporation (ADR) (NYSE:NOK), which is set to close the sale of its phone business to Microsoft, will on April 29 name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business. Nokia Corporation (ADR) (NYSE:NOK) finished the day at $7.30. Traded volume was 18.35million shares in the last session and the average volume of the stock remained 21.48million shares. The beta of the stock remained 1.76.
The New York-based telecommunications company completed its acquisition of the 45 percent stake in its wireless division from Vodafone Group Plc (ADR) (NASDAQ:VOD) in February. Vodafone Group Plc (ADR) (NASDAQ:VOD) rose 1.39 percent to $36.42 Thursday on volume of 500.00million shares. The intra-day range of the stock was $36.04 to $36.42. Vodafone Group Plc (ADR) (NASDAQ:VOD) has a market capitalization of $96.29billion.
Celanese Corporation (NYSE:CE) has announced plans to build a compounding facility for its “Fortron” polyphenylene sulphur (PPS) compounds at the group’s integrated production complex in Nanjing / China. Phil McDivitt, vice president and general manager of the engineered materials business (formerly Ticona), said the expansion – for which capacity was not disclosed – is in response to “impressive growth” in demand in China and the broader Asian region. Celanese Corporation (NYSE:CE)’s stock on Apr 24, 2014 reported a decrease of -0.65% to the closing price of $59.20. Its fifty two weeks range is $43.57 -$61.82. The total market capitalization recorded $9.23billion. The overall volume in the last trading session was 860.2K shares. In its share capital, CE has 155.93million outstanding shares.
CP announced in January that it would sell the west end of its DM&E line to Genesee & Wyoming Inc. (NYSE:GWR), which is based in Darien, Conn., and owns regional freight railroads in the United States, Canada, Australia, the Netherlands and Belgium. On Thursday, shares of Genesee & Wyoming Inc (NYSE:GWR) dropped -0.15% to close the day at $97.25. Company return on investment (ROI) is 8.90% and its monthly performance is recorded as 0.20%. Genesee & Wyoming Inc (NYSE:GWR) quarterly revenue growth is 4.39%.