Nokia Considering HQ Sale and 4 Heavily Traded Shares Moving Today
Ford Motor Company (NYSE:F): The U.S. economy is now being helped by The auto sector, which was once considered its weakest link, is how helping the U.S. economy, according to Bloomberg. The industry sold cars and light trucks at an annualized rate of 14.9 million in September, also considering seasonal adjustments, states researcher Autodata Corp. This represents the best pace since March 2008, prior to the Lehman Brothers failure.
Microsoft Corporation (NASDAQ:MSFT): ComScore has revealed that 116.5 million U.S. citizens owned smartphones during the three months that ended in August, which is a 6 increase compared to May. Google Android (NASDAQ:GOOG) was the top ranked smartphone platform with 52.6 percent market share, and Apple’s (NASDAQ:AAPL) share saw a 2.4 percent rise to 34.3 percent. RIM had a third place ranking with 8.3 percent a share, followed by Microsoft at 3.6 percent, and Symbian (NYSE:NOK) at 0.7 perent. Samsung was ranked as the leading OEM with 25.7 percent of U.S. mobile subscribers, with LG following at 18.2 percent share. Apple still closes the gap to the #2 ranking with 17.1 percent of mobile subscribers, with Motorola behind with 11.2 percent and HTC with 6.3 percent.
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Intel Corporation (NASDAQ:INTC) investment arm Intel Capital announced that it will invest about $40 million in 10 technology start-ups and companies, which will include Hungama.com from India, according to the Economic Times. The company is investing in new technologies that are emerging in areas like cloud computing, consumer internet, and digital media.
Citigroup (NYSE:C): Traders and analysts have begun to leave big banks and are joining asset managers and other financial companies that have fewer constraints regarding risk-taking, states the Financial Times.
Nokia (NYSE:NOK) claims that it is considering selling its headquarters as a way to dispose of non-core assets. A spokeswoman for Nokia informed Reuters that Nokia is in the process of “evaluating different options for non-core parts, such as real estate holdings, and that includes the headquarters.” Finnish newspaper Ilta-Sanomatestimates claims that the sale has the potential to gain about 200-300 million euros, which is approximately $260-390 million.
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