Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Wipro (NYSE:WIT), Syngenta (NYSE:SYT), Kimco Realty (NYSE:KIM), FMC Corp (NYSE:FMC)

Technology Stocks News 1

Nokia Corporation (ADR) (NYSE:NOK), troubled tech titan is also moving higher today, rising around 1.7% by midday trading, after Raymond James upgraded the stock from its previous rating of Underperform to Market Perform. Raymond James analysts have cited higher potential from IP monetization as a result of the sale of Nokia’s handset unit to Microsoft Corporation (MSFT). Nokia Corporation (ADR) (NYSE:NOK) stock performance was 1.81% in last session and finished the day at $7.89. Traded volume was 10.36million shares in the last session and the average volume of the stock remained 20.27million shares. The beta of the stock remained 1.66.

Wipro Limited (ADR) (NYSE:WIT) was downgraded by Zacksfrom an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday. They currently have a $13.00 price target on the stock. Zacks‘s price objective points to a potential upside of 11.78% from the company’s current price. Wipro Limited (ADR) (NYSE:WIT) dropped -1.98 percent to $11.40 Monday on volume of 1.91million shares. The intra-day range of the stock was $11.36 to $11.57. Wipro Limited (ADR) (NYSE:WIT) has a market capitalization of $27.94billion.

Agricultural products giant Monsanto Co. ( MON ) recently explored a takeover of $34 billion Swiss crop chemicals firm Syngenta AG (ADR) (NYSE:SYT) in a transaction that would have allowed the U.S. firm to move its tax location to Switzerland, Bloomberg reported. Syngenta AG (ADR) (NYSE:SYT)’s stock on June 23, 2014 reported a increase of 7.00% to the closing price of $79.59. Its fifty two weeks range is $67.25-$83.57. The total market capitalization recorded $36.51billion. The overall volume in the last trading session was 2.26million shares. In its share capital, SYT has 466.36million outstanding shares.

Kimco Realty Corp (NYSE:KIM)‘s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on Thursday. They currently have a $24.00 target price on the stock. Zacks‘s target price suggests a potential upside of 2.08% from the stock’s previous close. On Monday, shares of Kimco Realty Corp (NYSE:KIM) dropped -0.17% to close the day at $23.47. Company return on investment (ROI) is 2.20% and its monthly performance is recorded as 1.56%. Kimco Realty Corp (NYSE:KIM) quarterly revenue growth is 10.60%.

FMC Corp. cut its 2014 profit forecast and blamed prolonged winter weather in North America and drought in Brazil for hurting sales of its herbicide and insecticide. Earnings before one-time items will be $4.10 to $4.30 a share, the Philadelphia-based company said, compared with a previous projection of $4.35 to $4.55. FMC Corp (NYSE:FMC) stock performance was -4.88% in last session and finished the day at $71.10. Traded volume was 3.39million shares in the last session and the average volume of the stock remained 971.81K shares. The beta of the stock remained 1.12. FMC Corp (NYSE:FMC) insider ownership is 0.50%.

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