4 Tech Stock Stories for Thursday Downloading

AT&T (NYSE:T): Current price $36.71

Samsung’s Galaxy S 4 will go for $250 on AT&T along with a two-year contract, and will be available for pre-orders beginning April 16. The latter has yet to announce an actual release date for Samsung’s next flagship phone. Beyond that, it remains unclear as to how much storage will be available in AT&T’s version of the S 4. Samsung will offer 16-, 32- and 64-gigabyte versions with a microSD card slot for more storage, but AT&T has not yet indicated whether it will carry the full range.

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T

BlackBerry (NASDAQ:BBRY): Current price $14.45

Analyst Stuart Jeffrey at Nomura Securities anticipates that BlackBerry’s better-than-expected fourth quarter profitability to inspire broad increases in consensus forecasts, pushed by higher margin expectations. Still, Jeffrey maintained a Neutral, and a downside $10 price target at this point. The analyst said that the main highlight was the 40 percent gross margin, commenting that “This suggests that hardware gross margins rose from around -2 percent in fiscal third quarter to 11 percent in the fiscal fourth. It’s not clear how much of this was due to the Z10 being priced for a healthy gross margin and how much was BlackBerry ending its excess promotions of BB7 devices.”

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BBRY

eBay (NASDAQ:EBAY): Current price $54.29

Company executives said Thursday that eBay is targeting $110 billion worth of sales volume on its marketplace in 2015 by expanding worldwide, getting more local inventory online and using mobile tech to work more with shoppers. President of eBay’s Marketplaces business in North America Devin Wenig made the new projection, which compares with gross merchandise volume, of $75 billion in 2012. That particular yardstick is a closely-monitored measure of eBay’s performance. Analyst Doug Anmuth at J.P. Morgan was expecting a 2015 GMV of $101 billion.

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EBAY

Nokia Corporation (NYSE:NOK): Current price $3.29

The mobile phone maker is shrugging off a multi-billion rupee tax demand from India, explaining that it is not required to pay any part of the demand as of  now and would continue to fight the claim. Tax officials demanded Nokia pay 20.8 billion rupees in upaid taxes, accelerating claims against foreign firms, although the Delhi High Court has issued a stay on the demand. If it were enforced, the order would increase pressure on Nokia’s finances which are already impacted by falling sales. The firm cut out its annual dividend payment for the first time ever to reinforce its cash position.

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NOK

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