Trader’s Buzz: Nokia Corporation (ADR) (NYSE:NOK), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Vodafone Group Plc (ADR) (NASDAQ:VOD), Verizon Communications Inc. (NYSE:VZ)

Technology Stocks News 19

Finnish telecom company Nokia Corporation (ADR) (NYSE:NOK) today elected India-origin Vivek Badrinath among new members of its board whose term will end with next annual general meeting in 2015. Nokia Corporation (ADR) (NYSE:NOK) stock performance was 0.75% in last session and finished the day at $8.04. Traded volume was 15.64million shares in the last session and the average volume of the stock remained 20.05million shares. The beta of the stock remained 1.66.

Sprint Corporation (NYSE:S) has launched the online ConnectED application and information portal to help educational institutions and school districts in applying and receiving the Sprint Spark high-speed wireless broadband connectivity for up to four years, to further off-campus digital learning opportunities. The initiative will benefit up to 50,000 students across the U.S. Sprint Corporation (NYSE:S) rose 0.35 percent to $8.64 Tuesday on volume of 9.36million shares. The intra-day range of the stock was $8.56 to $8.73. Sprint Corporation (NYSE:S) has a market capitalization of $33.96billion.

AT&T Inc. (NYSE:T) will exclusively carry Amazon’s long-rumored smartphone that is expected to be launched on Wednesday, the Wall Street Journal reported, citing people familiar with the plans. AT&T Inc. (NYSE:T)’s stock on June 17, 2014 reported a increase of 0.11% to the closing price of $35.02. Its fifty two weeks range is $31.74 -$36.86. The total market capitalization recorded $181.75billion. The overall volume in the last trading session was 17.31million shares. In its share capital, T has 5.19billion outstanding shares.

Vodafone Group PLC (ADR) (NASDAQ:VOD) became India’s largest overseas corporate investor when it acquired Hutchison Whampoa’s Indian mobile assets in 2007 as part of its strategy of chasing growth in emerging markets. On Tuesday, shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) advanced 0.79% to close the day at $33.16. Company return on investment (ROI) is 12.70% and its monthly performance is recorded as -5.61%. Vodafone Group Plc (ADR) (NASDAQ:VOD) quarterly revenue growth is -8.57%.

Comcast and Verizon Communications Inc. (NYSE:VZ) contend Netflix should bear some of the cost for handling the heavy traffic caused by its 36 million U.S subscribers watching video over high-speed Internet connections. At peak viewing hours, Netflix accounts for about one-third of the Internet traffic in the U.S., according to the research firm Sandvine. Verizon Communications Inc. (NYSE:VZ) stock performance was -0.20% in last session and finished the day at $49.21. Traded volume was 11.09million shares in the last session and the average volume of the stock remained 20.31million shares. Verizon Communications Inc. (NYSE:VZ) insider ownership is 0.02%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone