Communication Equipment Watch List: Nokia Corporation (ADR) (NYSE:NOK), Technical Communications (NASDAQ:TCCO), I.D. Systems (NASDAQ:IDSY), Ikanos Communications (NASDAQ:IKAN), QUALCOMM (NASDAQ:QCOM)

Technology Stocks News 13

Nokia Corporation (ADR) (NYSE:NOK) plans to expedite its research and rapidly demonstrate the viability of high-frequency millimeter wave as an option for 5G radio access technology. “Our experimental 5G Proof-of-Concept system will be implemented using NI’s LabVIEW and PXI baseband modules, which is the state-of-art experimental system for rapid prototyping of 5G air interface available today,” said Lauri Oksanen, vice president of research and technology at Nokia. Nokia Corporation (ADR) (NYSE:NOK) stock performance was -0.14% in last session and finished the day at $7.23. Traded volume was 11,300,400 shares in the last session and the average volume of the stock remained 20.48 million shares. The beta of the stock remained 1.66. Nokia Corporation (ADR) (NYSE:NOK) insider ownership is 12%.

Technical Communications Corporation (NASDAQ:TCCO) on May 13, 2014 announced its results for the three and six months ended March 29, 2014. For the second quarter of the Company’s 2014 fiscal year, the Company reported a net loss of ($1,467,000), or ($0.80) per share, on revenue of $1,293,000, compared to a net loss of ($328,000), or ($0.18) per share, on revenue of $546,000 for the quarter ended March 30, 2013.Technical Communications Corporation (NASDAQ:TCCO) dropped 4.35 percent to $4.40 yesterday on volume of 22,900 shares. The intra-day range of the stock was $4.30 to $4.69. Technical Communications Corporation (NASDAQ:TCCO) has a market capitalization of $8.09 million.

I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. I.D. Systems, Inc. (NASDAQ:IDSY)’s stock on May 19, 2014 reported a decrease of -3.82% to the closing price of $4.03. Its fifty two weeks range is $4.00 -$6.84. The total market capitalization recorded $49.52 million. The overall volume in the last trading session was 74,300 shares. In its share capital I.D. Systems, Inc. (NASDAQ:IDSY) has 12.29 million outstanding shares.

Ikanos Communications, Inc. (NASDAQ:IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, on May 14, 2014 announced that Debajyoti Pal, Ikanos Chief Technology Officer, will speak at the G-Fast Summit 2014. On Monday, shares of Ikanos Communications, Inc. (NASDAQ:IKAN) dropped 2.22% to close the day at $0.440. Company return on investment (ROI) is 37.60% and its monthly performance is recorded as -47.62%. Ikanos Communications, Inc. (NASDAQ:IKAN) quarterly revenue growth is -50.00%.

QUALCOMM, Inc. (NASDAQ:QCOM), May 14, 2014 announced that its wholly owned subsidiary, Qualcomm Technologies, Inc. (QTI), in collaboration with Sohu.com, a leading Chinese online media, search, gaming, community and mobile service, has conducted the first announced live public demonstration of LTE-TDD Broadcast in China, featuring High Efficiency Video Coding (HEVC) and Dynamic Adaptive Streaming Over HTTP (DASH) technologies. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on May 19, 2014 reported an increase of 0.49% to the closing price of $79081. Its fifty two weeks range is $59.02 -$81.66. The total market capitalization recorded $134.71 billion. The overall volume in the last trading session was 5,427,200 shares. In its share capital QUALCOMM, Inc. (NASDAQ:QCOM) has 1.69 billion outstanding shares.

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