Hot News: Nokia Corporation (ADR) (NYSE:NOK), STMicroelectronics NV (NYSE:STM), Radware Ltd. (NASDAQ:RDWR), Inuvo, Inc. (NYSEMKT:INUV), Biota Pharmaceuticals, Inc. (NASDAQ:BOTA)

Technology Stocks News 1

Microsoft has already made it clear that it’s planning to phase out the Nokia Corporation (ADR) (NYSE:NOK) name in its mobile products, and a newly leaked internal document confirms just that. The document, which was obtained by tech blog GeeksOnGadgets, reportedly says upcoming Nokia Lumia devices will soon be branded as just “Lumia.” Nokia Corporation (ADR) (NYSE:NOK) belongs to Technology sector. Its net profit margin is 13.40% and weekly performance is -0.36%. On last trading day company shares ended up $8.36. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 5.96%.

Robert W. Baird cut shares of STMicroelectronics NV (NYSE:STM) from an outperform rating to a neutral rating in a research report sent to investors on Wednesday morning. The firm currently has $8.00 price target on the stock, down from their previous price target of $11.00. STMicroelectronics NV (NYSE:STM) shares fell -0.73% in last trading session and ended the day at $8.11. STM Gross Margin is 33.00% and its return on assets is -1.80%. STMicroelectronics NV (NYSE:STM) quarterly performance is -14.90%.

Radware Ltd. (NASDAQ:RDWR), a leading provider of application delivery and application security solutions for virtual and cloud data centers, announced that yes Satellite, Israel’s leading provider of home entertainment with over 600,000 customers has recently deployed Radware’s Alteon(R) NG, a next-generation Application Delivery Controller (ADC), DefensePro(R) , a real-time behavioral based DDoS attack mitigation device and AppWall(R) , an ICSA certified web application firewall. On 10 September, Radware Ltd. (NASDAQ:RDWR) shares increased 0.24% and was closed at $17.00. RDWR EPS growth in last 5 year was 16.20%. Radware Ltd. (NASDAQ:RDWR) year to date (YTD) performance is -5.45%.

For the second quarter, Inuvo, Inc. (NYSEMKT:INUV) reported a revenue drop of 17% to $10.9 million. Earnings were flat at $0.02 per diluted share. Inuvo, Inc. (NYSEMKT:INUV) ended the last trading day at $1.49. Company weekly volatility is calculated as 9.49%and price to cash ratio as 10.30. Inuvo, Inc. (NYSEMKT:INUV) showed a weekly performance of -3.25%.

Biota Pharmaceuticals, Inc. (NASDAQ:BOTA) shares moved up 1.75% in last trading session and ended the day at $2.33. BOTA Gross Margin is 29.50% and its return on assets is -8.00%. Biota Pharmaceuticals, Inc. (NASDAQ:BOTA) shares increased 0.43% in last trading session and ended the day on $2.31. BOTA Gross Margin is 29.50% and its return on assets is -8.00%. Biota Pharmaceuticals, Inc. (NASDAQ:BOTA) quarterly performance is -24.76%.

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