Morning Research: Nokia OYJ, Telefonaktiebolaget LM Ericsson, ARRIS Group Inc., and Motorola Solutions Inc.
Morning Research: Nokia OYJ, Telefonaktiebolaget LM Ericsson, ARRIS Group Inc., and Motorola Solutions Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 18, 2013 LONDON, October 18, 2013 /PRNewswire/ -- On Thursday, October 17, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the NASDAQ Composite gained 0.67% and 0.62%, respectively, while and the Dow Jones Industrial Average fell marginally by 0.01%. Shares in the communication equipment industry mostly ended on higher note, even as the broader market traded between gains and losses. The major movers included Nokia OYJ (NYSE: NOK), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), ARRIS Group Inc. (NASDAQ: ARRS), and Motorola Solutions Inc. (NYSE: MSI). AAAResearchReports.com has released full comprehensive research on NOK, ERIC, ARRS, and MSI. These free technical analyses can be downloaded by signing up at: http://www.aaaresearchreports.com/register/ On Thursday, Nokia OYJ's stock advanced, hitting a new 52-week high of $7.17. The company's shares closed the day at $7.12, up 1.28% from the previous day's price of $7.03. A total of 32.47 million shares were traded, which is below the daily average volume of 42.08 million. The company's shares have surged 13.56% in the last one month and 76.24% in the previous three months, outperforming the S&P 500 which has gained 1.67% and 3.11% during the respective periods. Furthermore, Nokia OYJ's stock is trading above its 50-day and 200-day moving averages of $5.55 and $4.21, respectively. Download free report on NOK upon registration at: www.AAAResearchReports.com/NOK101813.pdf Shares in Telefonaktiebolaget LM Ericsson gained 0.31% on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $13.04, after oscillating between $13.01 and $13.14. A total of 7.20 million shares were traded, which is above the daily average volume of 3.28 million. The company's shares have gained 1.24% in the previous three trading sessions and 7.06%in the last three months, compared to a gain of 1.35% and 3.11% in the S&P 500 during the respective periods. Additionally Telefonaktiebolaget LM Ericsson's stock is trading above its 50-day and 200-day moving averages of $12.93 and $12.13, respectively. ERIC technical report can be accessed for free by signing up at: www.AAAResearchReports.com/ERIC101813.pdf ARRIS Group Inc.'s stock declined on Thursday, even as the broader market ended on a mixed note. The company's shares traded between $16.36 and $16.85 before ending the day 2.15% lower at $16.40. A total of 4.63 million shares were traded, which is significantly above the daily average volume of 1.20 million. Despite Thursday's losses, the company's shares have advanced 5.94% in the previous three months, outperforming the S&P 500 which has gained 3.11% during the same period. Further, ARRIS Group Inc.'s stock is trading above its 200-day moving average of $16.19. The free report on ARRS can be downloaded by signing up now at: www.AAAResearchReports.com/ARRS101813.pdf On Thursday, Motorola Solutions Inc.'s stock closed at $60.92, up 0.35% from the previous day's closing price of $60.71. The company's shares vacillated between $60.25 and $60.97 during the trading session. A total of 1.99 million shares were traded, which is marginally below the daily average volume of 2.02 million. The company's shares have gained 4.53% in the last one month and 2.52% in the previous three months, compared to a gain of 1.67% and 3.11% in the S&P 500 during the respective periods. Moreover, Motorola Solutions Inc.'s stock is trading above its 50-day and 200-day moving averages of $58.32 and $58.89, respectively. A free report on MSI can be accessed by registering at: www.AAAResearchReports.com/MSI101813.pdf ---- EDITOR NOTES: 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 investing public. 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 pubco@EquityNewsNetwork.com. 5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 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. COMPLIANCE PROCEDURE 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 Institute. SOURCE AAA Research Reports Contact: Peter F. Jones + 1 (646) 396-9126 Email ID: firstname.lastname@example.org