Large Cap Active Runners: Nokia Corporation (ADR) (NYSE:NOK), Citigroup Inc (NYSE:C), Micron Technology (NASDAQ:MU), Yahoo! Inc. (NASDAQ:YHOO)

Technology Stocks News 11

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is going through some big changes right now with the sale of its devices division. Morgan Stanley analyst Francois Meunier and his team have raised their price target for the company to €6 a share from €5.20 a share but maintained their Equal-Weight rating on the stock. Nokia Corporation (ADR) (NYSE:NOK) stock performance was 0.70% in last session and finished the day at $7.22. Traded volume was 75,800.00million shares in the last session and the average volume of the stock remained 21.03million shares. The beta of the stock remained 1.83.

Citigroup Inc. (NYSE: C) and Toyota Motors Corp. (NYSE:TM) are said to be making history with the first “green bond” of asset-backed securities in the auto industry. Green bonds are securities or contracts where the proceeds are applied exclusively toward projects and activities that promote climate or other environmental sustainability initiatives. Citigroup and 12 other banks introduced new Green Bond Principles earlier in 2014. Citigroup Inc (NYSE:C) dropped -0.06 percent to $50.05 Monday on volume of 21.15million shares. The intra-day range of the stock was $49.78 to $50.65. Citigroup Inc (NYSE:C) has a market capitalization of $152.07billion.

Micron Technology, Inc. (NASDAQ:MU) has teamed with Idaho-based Discover Technology to launch a new STEM Mobile Discovery Lab ”” a bus specially designed with hands-on, interactive science exhibits for elementary and middle school students in southwestern Idaho near Micron’s corporate headquarters. Micron Technology, Inc. (NASDAQ:MU)’s stock on Mar 24, 2014 reported a decrease of -0.76% to the closing price of $23.48. Its fifty two weeks range is $9.04 -$25.68. The total market capitalization recorded $24.91billion. The overall volume in the last trading session was 23.74million shares. In its share capital, MU has 1.05billion outstanding shares.

Groupon (NASDAQ:GRPN) recently announced the liquidation of all assets of Groupon Korea, and a plan to focus all its efforts to promote its recent acquisition Ticket Monster (a.k.a. TMON) in Asia’s third largest e-commerce market. Groupon now joins the long list of global companies that have failed to capture market share in South Korea. In December 2012, Yahoo (NASDAQ:YHOO) also shut down its Korean operations as profitability became an issue. On Monday, shares of Yahoo! Inc. (NASDAQ:YHOO) dropped -3.32% to close the day at $36.68. Company return on investment (ROI) is 3.10% and its monthly performance is recorded as -1.64%. Yahoo! Inc. (NASDAQ:YHOO) quarterly revenue growth is -8.76%.

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