Nokia Corporation (ADR) (NYSE:NOK) Looking To Restructure – (NASDAQ:QCOM), (NYSE:ALU), (NASDAQ:TLAB).
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Today’s focus is on: NOK, QCOM, ALU, TLAB
Indian IT businesses are attempting to collaborate with Nokia Corporation (ADR) (NYSE:NOK) and turn the local market to favor the company. Tata Consultancy Services (TCS) revealed that they have been selected as consultants for regulating the Finnish company’s internal framework.
According to TCS, they have gone into a long term commitment with the company in order to help it in restructuring, The consulting organization will also provide the following systems to NOK, which include enterprise resource planning (ERP), customer relationship management (CRM), product lifecycle management (PLM) and supply chain management (SCM).
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Along with restructuring, TCS will apply common sense in streamlining its local operations in the country with global ones. In the view of Amit Bajaj, head of the Nordic and Baltic region at TCS, his company is a strong name in the world of Tech consultation they will use the Nokia Corporation (ADR) (NYSE:NOK) platform for bringing in Next gen mobile technology in India.
Nokia Corporation (ADR) (NYSE:NOK) stock reported the loss of -0.88% and closed at $4.53 with the total traded volume of 54.94 million shares.
The stock owned by Financial Institutions was 12.11%. Its earning per share was -$1.57. Its market capitalization is $16.96 billion.
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QUALCOMM, Inc. (NASDAQ:QCOM) percentage change jumped +0.53% to close at $65.14 with the total traded volume of 7.73 million shares, less than average volume of 12.39 million.
Its earning per share was $3.06 with the net profit margin of 27.63% and its operating margin was 29.28%. It gained 17.64% return on equity. Its 52 weeks price change was 15.82%. Its market capitalization is $110.99 billion.
How Should Investors React To QCOM Now? Find Out in this Trend Analysis Report
Alcatel Lucent SA (ADR) (NYSE:ALU) increased +2.42% to close at $1.69 with the overall traded volume of 7.63 million shares.
Alcatel Lucent SA’s 5 years revenue rate remained 4.53%. Its total outstanding shares are 2.33 billion with the market capitalization of $3.83 billion.
Its current ratio is 1.34 and debt to equity was 1.43. Its beta value stands at 2.36 times and return on investment was -1.13%.
Will ALU continue moving higher? Find out where ALU is headed next with a FREE TREND ANALYSIS REPORT
Tellabs, Inc. (NASDAQ:TLAB) reported no change for the day to close at $2.23 with the overall traded volume of 2.66 million shares. Its market capitalization was $819.59 million. Its debt to equity ratio was 0.14.
Tellabs, Inc has the total of 367.53 billion outstanding shares, as compared to 333.69 million shares that were floated in the market. Its beta value stands at 0.61 times and return on equity was -9.69%.
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