Get Cash Back and $0 Commissions
+ The Power of TradeStation
Today's Research Reports on Stocks to Watch: Microsoft and Nokia
[End Subhead]
[Start Distributor]
Accesswire 7-Jul-2017 8:00 AM
[End Distributor]
NEW YORK, NY / ACCESSWIRE / July 7, 2017 / Microsoft Corporation and Nokia both saw shares close in the green territory on Wednesday after some positive developments and announcements. Nokia revealed how much it plans to save by the end of fiscal 2018 and also received a reiterated "outperform" rating by a Credit Suisse analyst. Microsoft Corporation announced that Workplace Analytics is now available and that the company has also built a keyboard that has fingerprint identification on it.
Microsoft Corporation https://ub.rdinvesting.com/news/?ticker=MSFT
Nokia Corporation https://ub.rdinvesting.com/news/?ticker=NOK
Microsoft's shares declined 0.74 percent to close at $68.57 a share on Thursday. The stock traded between $68.12 and $68.78 on volume 21.12 million shares traded. The company made a big announcement that it has made Workplace Analytics available for the general public. The tool was designed to give managers and executives a means to understand their employee's productivity across departments based on Microsoft Graph data. According to Alym Rayani, the director for Office 365, "Even when you have quantifiable outcomes, inputs and behaviors are not always well understood. It's important to know what "good" is. It's even harder to [identify] the underlying behaviors that will drive that employee satisfaction." The company has recently announced that it has built a keyboard that has a built-in fingerprint reader. It's called Microsoft Modern keyboard with Fingerprint ID. It lets you log into a Windows 10 machine with just the tap of your finger and costs $129.99.
Access RDI's Microsoft Corporation Research Report at: https://ub.rdinvesting.com/news/?ticker= MSFT
Nokia's shares declined 1.29 percent to close at $6.14 a share on Thursday. The stock traded between $6.11 and $6.18 on volume 14.17 million shares traded. The company has revealed that it is expecting to save 1.2 billion euros by the end of fiscal 2018 as well as save 250 million euros in the first quarter of 2017. Last year the company had saved 550 million euros. In another positive note, the stock has received a reiterated "outperform" rating from Credit Suisse'sKulbinder Garcha. Garcha has a $5.75 price target on the stock. The reiterated rating came after Nokia's announcement that it has signed a deal with Xiaomi, a Chinese privately held mobile technology upstart, to license one another's patents over the course of the next few years. Garcha noted "this is the first patent deal for Nokia in China," and that it "clearly shows that Nokia continues to make progress in signing patents with smartphone vendors."
Access RDI's Nokia Research Report at: https://ub.rdinvesting.com/news/?ticker=NOK
Our Actionable Research on Microsoft Corporation (NASDAQ: MSFT) and Nokia Corporation (NYSE: NOK) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011
Email:
contact@rdinvesting.com
CFA and Chartered Financial Analyst are registered trademarks owned by CFA Institute.
SOURCE: RDInvesting.com