4 Tech Stock Stories To Kick Off the Trading Week

Nokia Corporation (NYSE: NOK) Current price $3.84

Shares were set for a higher open on Monday, reacting to positive comments from Danske Bank that were issued earlier. At the same time, Danske upgraded shares by two gradations from Sell to Buy,  and raised its price target by 80 percent to 3.60 euros. The firm’s analysts commented that “investors are becoming more positive on Nokia’s ability to raise debt as well as solve its problems. In addition, performance from its Nokia Siemens Networks joint venture is improving ahead of a potential deal, meaning a dramatic re-rating on Nokia’s share price is likely.”

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NOK Google (NASDAQ:GOOG): Current price $877.53

Google is continuing to lengthen the range of its Google+ platform, and on Monday the firm is introducing a new mobile content recommendation service run by Google+. These recommendations will surface as small widgets at the bottom of the screen, as users browse a news site that has made this service possible. Forbes is Google’s launch partner for this service, but others can implement these recommendations by simply adding a single line of code to their mobile sites. Google says that recommendations may appear regardless of whether users are signed in to Google+.

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GOOG BlackBerry (NASDAQ:BBRY): Current price $15.88

It is expected that the firm will promote the latest version of its IT software, BES 10, this week at its BlackBerry World user event this week. This year, BlackBerry is expected to garner roughly one third of its $13 billion in forecast revenue from mobile-device network services. Presently, Good Technology, of Sunnyvale, Calif., is widely thought the market leader, and other rivals include AirWatch and MobileIron. Gartner calculates that the cross-platform mobile-device management market was probably $784 million in 2012, but that it could rise to over $1.3 billion this year.

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BBRY ShoreTel (NASDAQ: SHOR): Current price $4.30

On Monday, the provider of unified communications platforms, among which include business phone systems, applications, and mobile UC solutions, announced that President and Chief Executive Peter Blackmore has informed the firm of his intention to retire as soon as a successor is announced.

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SHOR

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