Early Morning Insight: Nokia Corp., Telefonaktiebolaget LM Ericsson, Motorola
Solutions Inc., and ARRIS Group Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 23, 2013
LONDON, September 23, 2013 /PRNewswire/ --
The U.S. equity market ended the day lower on Friday, September 20, 2013. The
Dow Jones Industrial Average closed at 15,451.09, down 1.19%; the S&P 500
closed at 1,709.91, down 0.72%; and the NASDAQ Composite finished at 3,774.73,
down 0.39%. The communication equipment industry ended on a mixed note as the
broader market edged lower. The major movers in the industry included Nokia
Corp. (NYSE: NOK), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), ARRIS Group
Inc. (NASDAQ: ARRS), and Motorola Solutions Inc. (NYSE: MSI). All these
companies are tracked by AAAResearchReports.com. Download free technical
analysis and charting reports on NOK, ERIC, ARRS, and MSI now at:
Nokia Corp.'s stock fell sharply by 1.64% on Friday, tracking losses in the
broader market. The company's shares vacillated between $6.52 and $6.74 before
finishing the day at $6.58. A total of 38.72 million shares were traded, which
is below the daily average volume of 41.77 million. Despite Friday's pullback,
Nokia Corp.'s shares have rallied 59.71% in the last one month and 67.43% in
the previous three months, outperforming the S&P 500 which has gained 2.79%
and 7.38% during the respective periods. Furthermore, the company's stock is
trading near its 52-week high of $6.78 as well as above its 50-day and 200-day
moving averages of $4.60 and $3.96, respectively. Download free research on
NOK today by registering at:
On Friday, Telefonaktiebolaget LM Ericsson's stock fell sharply to close
at$13.81, which is 2.23% lower than the previous day's closing price
of$14.12. The company's shares oscillated between $13.76 and $13.92 during
the trading session. A total of 6.09 million shares were traded, which is
above the daily average volume of 2.94 million. The company's shares have
surged 14.00% in the last one month and 23.48% in the previous three months,
compared to a gain of 2.79% and 7.38% in the S&P 500 during the respective
periods. Additionally, Telefonaktiebolaget LM Ericsson's stock is trading near
its 52-week high of $14.22 as well as above its 50-day and 200-day moving
averages of $12.40 and $11.82, respectively. Sign up and have access to our
free report on ERIC at:
Shares in ARRIS Group Inc. rose marginally on Friday, extending the gains from
the previous trading session. The company's shares ended the day 0.06% higher
at $16.77 after fluctuating between $16.71 and $16.86. A total of 1.60 million
shares were traded, which is above the daily average volume of 1.19 million.
The company's shares have gained 14.55% in the previous three months and 1.57%
in the last three trading sessions, outperforming the S&P 500 which has gained
7.38% and 0.30% during the respective periods. Moreover, ARRIS Group Inc.'s
stock is trading above its 50-day and 200-day moving averages of $15.94 and
$15.98, respectively. Sign up and read the complimentary report on ARRS at:
Motorola Solutions Inc.'s shares rose sharply on Friday, even as the broader
market finished on a lower note. The company's shares vacillated between
$59.88 and $60.77 before finishing the day 1.17% higher at $60.39. A total of
8.43 million shares were traded, which is above the daily average volume of
2.13 million. The company's shares have advanced 8.19% in the previous three
months and 7.21% in the last one month, compared to a gain of 7.38% and 2.79%
in the S&P 500 during the respective periods. Additionally, Motorola Solutions
Inc.'s stock is trading above its 50-day and 200-day moving averages of $57.17
and $58.38, respectively. The free report on MSI can be downloaded by signing
up now at:
1.This is not company news. We are an independent source and our views do
not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are
only human and are prone to make mistakes. If you notice any errors or
omissions, please notify us below.
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.If you wish to have your company covered in more detail by our team, or
wish to learn more about our services, please contact us at
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Ananya Ghosh, CFA, has
only reviewed the information provided by Equity News Network in this article
or report according to the Procedures outlined by Equity News Network. Equity
News Network is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is 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 by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE AAA Research Reports
Contact: Peter F. Jones, +1(646)396-9126, email@example.com.
Press spacebar to pause and continue. Press esc to stop.