On Wednesday, Nokia Corporation (ADR) (NYSE:NOK)’s shares declined -1.25% to $7.12. With its recent share price change, NOK market value has reached roughly $29.06 billion. Its most recent quarter balance sheet showed the company is standing at a 2.10 current ratio and possess 0.32 as debt to equity ratio. The company has a Profit Margin (ttm) of 10.60% and has 42.40% gross margins. The operating profit margin is 14.30%. The stock’s performance in 1 month is -1.25% and its volatility for the same period is 1.10%.
The initial offer period in Nokia’s public exchange offer (the “Offer”) for Alcatel-Lucent securities in both France and the United States has now closed. Accordingly, holders of Alcatel-Lucent shares, American Depositary Shares (“ADSs”) and OCEANEs may no longer tender into the Offer and may not withdraw Alcatel-Lucent shares, ADSs or OCEANEs that have already been tendered.
Nokia anticipates that the interim results of the initial public exchange offer will be published by the French stock market authority, Autorite des Marches Financiers (the “AMF”), on January 4, 2016, with the final results to be published on January 5, 2016. Assuming that the Offer is successful, it will be reopened. The AMF will publish the timetable of the reopened Offer, which is predictable to start on January 14, 2016 and close on February 3, 2016.
The completion of the Offer is subject to the voluntary minimum tender condition that the Alcatel-Lucent securities tendered into the Offer represent more than 50% of the shares of Alcatel-Lucent on a fully diluted basis upon the closing of the Offer. In accordance with the applicable rules and regulations of the AMF and the U.S. Securities and Exchange Commission, and if the mandatory minimum acceptance threshold set at more than 50% of the Alcatel-Lucent share capital or voting rights on a non-diluted basis (taking into account Alcatel-Lucent convertible bonds tendered into the exchange offer) is crossed, Nokia reserves the right to waive the voluntary minimum tender condition of the Offer. A decision regarding any waiver will be made by Nokia’s Board of Directors should that situation arise.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. T
Walt Disney Co (NYSE:DIS)’s shares dropped -0.70% to $106.33. The last trading range of Walt Disney Co (NYSE:DIS) ranges between $106.25 and $107.21. The EPS of the company stands at $4.90. The 52-week range shows that the stock reached higher at $122.08 while its lower range is $90.00 in the last 52-weeks. The average volume of the company is at 10.19 million with the Outstanding Shares of 1.65 billion. The market capitalization of the company is $177.02 billion. The Beta of the company stands at 1.35 with the RSI (Relative Strength Index) of 39.06.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations.
Brocade Communications Systems, Inc. (NASDAQ:BRCD)‘s shares showed no change to $9.23. Brocade Communications Systems, Inc. (NASDAQ:BRCD) is now worth about $3.78 billion. The share price has made a 5.97% gain in the past 5 days and has lost -22.04% since 2015 kicked off. Analysts are forecasting EPS growth of 0.79% for next fiscal year and 7.93% growth in the next 5 years. The stock trades with a beta of 0.84. The stock price is below by -14.46% as contrast to the average price over the last 200 days. The company has 67.50% gross margins.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol (IP) networking solutions for businesses and organizations worldwide. It operates through three segments: SAN Products, IP Networking Products, and Global Services.
