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Research Reports on Communication Equipment Equities -- Nokia, QUALCOMM, Ericsson, and CienaNEW YORK, September 1, 2016 /PRNewswire/ -- The Communication Equipment industry includes companies that manufactures broadcasting and other wireless communication devices such as antennas, set-top boxes, GPS systems, cell phones, satellite uplink technologies, and radio and TV broadcasting equipment. Stock-Callers.com looks at how the following equities fared over the last few trading sessions: Nokia Corp. (NYSE: NOK), QUALCOMM Inc. (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), and Ciena Corp. (NYSE: CIEN). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration Nokia Espoo, Finland headquartered Nokia Corp.'s shares dropped 1.22%, closing Wednesday's trading session at $5.67. The stock recorded a trading volume of 7.52 million shares. Shares of the Company have advanced 1.07% in the last month and 5.81% in the previous three months. The stock is trading 0.30% above its 50-day moving average. Additionally, shares of Nokia, which together with its subsidiaries, provides network infrastructure and related services worldwide, have a Relative Strength Index (RSI) of 51.01. On August 12th, 2016, Nokia and China Telecom signed an agreement to expand the deployment of 4G technology in 19 provinces in China, allowing China Telecom to enhance coverage and capacity as well as the quality of experience for subscribers, while paving the way toward the introduction of 5G technology. The agreement with Nokia will also lay the foundation for China Telecom's intended launch of Voice over LTE services in 2017. Free research report on NOK is available at: http://stock-callers.com/registration/?symbol=NOK
On Wednesday, shares in San Diego, California headquartered QUALCOMM Inc. recorded a trading volume of 6.52 million shares. The stock rose 0.21%, ending the day at $63.07. The Company's shares have advanced 4.96% in the last month, 15.90% over the previous three months, and 29.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.55% and 22.49%, respectively. Furthermore, shares of QUALCOMM, which develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the US, and internationally, have an RSI of 73.36. On August 31st, 2016, QUALCOMM announced that its subsidiary, Qualcomm Technologies, Inc., has collaborated with NETGEAR to develop the new Orbi™ Tri-band Wi-Fi System by NETGEAR. Designed to deliver high-speed Wi-Fi in every corner of the home, the Orbi Tri-band Wi-Fi System is the first commercially announced mesh Wi-Fi system to utilize QTI's tri-radio 802.11ac chipsets, and the full suite of Wi-Fi Self-Organizing Network technologies designed to offer unprecedented Wi-Fi performance and simplicity. The complimentary research report on QCOM can be downloaded at:
Stockholm, Sweden headquartered Telefonaktiebolaget LM Ericsson's stock finished the day 2.60% lower at $7.1 with a total trading volume of 3.00 million shares. Shares of the Company, which provides telecommunications equipment and related services to mobile and fixed network operators, are trading below their 50-day moving average by 4.53%. The stock has an RSI of 36.86. On August 30, 2016, Ericsson and Cisco announced an agreement to supply and install IP networks for C&W Communications, which operates the retail brand Flow, in three Caribbean markets. The plans include an upgrade to the IP backbone network in the Bahamas to improve performance and support an increase of traffic, and a new business-to-business IP/MPLS network in Jamaica and Barbados. Visit us today and access our complete research report on ERIC at: http://stock-callers.com/registration/?symbol=ERIC
Shares in Hanover, Maryland headquartered Ciena Corp. ended yesterday's session 1.29% lower at $21.45. The stock recorded a trading volume of 4.49 million shares, which was above its three months average volume of 3.11 million shares. The Company's shares have advanced 14.34% in the last one month, 7.09% over the previous three months, and 3.67% on an YTD basis. The stock is trading 6.79% and 10.50% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Ciena, which provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have an RSI of 60.59. On August 17th, Ciena announced that it will release results for its fiscal Q3 ended July 31st, 2016 on September 1st, 2016 before the open of the financial markets. In conjunction with the announcement, Ciena's management will host a live audio web broadcast beginning at 8:30 AM (ET) on September 1st, 2016 accessible via http://www.ciena.com. On August 29th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $17 a share to $18.50 a share. Get free access to your research report on CIEN at: http://stock-callers.com/registration/?symbol=CIEN -- Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/ CONTACT
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