SYS-CON MEDIA Authors: Unitiv Blog, Michael Bushong, RealWire News Distribution, Kevin Remde, PR.com Newswire

News Feed Item

Communications Equipment Market Movers: Nokia, Telefonaktiebolaget LM Ericsson, Arris Group, and Motorola Solutions

LONDON, January 2, 2014 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Tuesday, December 31, 2013, the U.S. equity market advanced. The S&P 500 ended the day at 1,848.36, up 0.40%; the Dow Jones Industrial Average closed at 16,576.66, up 0.44%; and the NASDAQ Composite Index finished at 4,176.59, up 0.54%. The S&P 500 Information Technology Sector Index closed the session at 585.48, up 0.73%; and the S&P 500 Communications Equipment Industry Index gained 0.83% to close at 268.69. The S&P 500 Communications Equipment Industry Index has gained 3.76% in the previous one month and 1.89% in the last three trading sessions, outperforming the S&P 500, which has gained 2.36% and 0.34% during the respective periods. The major movers in the Information Technology sector included Nokia OYJ (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. Free technical research on NOK, ERIC, ARRS, and MSI can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Shares in Nokia OYJ gained 1.50% on Tuesday, hitting a new 52-week high of $8.18. The company's shares closed the day at $8.11, after oscillating between $8.01 and $8.18 during the trading session. A total of 13.77 million shares were traded, which is below the daily average volume of 27.73 million. The company's shares have gained 22.51% in the previous three months and 2.79% in the last three trading sessions, outperforming the S&P 500, which has gained 9.05% and 0.34% during the respective periods. Furthermore, Nokia OYJ's stock is trading above its 50-day and 200-day moving averages of $7.73 and $5.18, respectively. Sign up today to read free research report on NOK at:

http://www.AAAResearchReports.com/NOK010214.pdf

Telefonaktiebolaget LM Ericsson's stock advanced 1.16% on Tuesday, tracking gains in the broader market. The company's shares closed the day at $12.24, after vacillating between $12.11 and $12.25 during the trading session. A total of 2.84 million shares were traded, which is below the daily average volume of 3.61 million. The company's shares have advanced 1.66% in the previous three trading sessions, compared to a gain of 0.34% in the S&P 500 during the same period. Additionally, Telefonaktiebolaget LM Ericsson's stock is trading above its 50-day moving average of $12.22. Register to download free technical analysis on ERIC at:

http://www.AAAResearchReports.com/ERIC010214.pdf

ARRIS Group Inc.'s stock hit a new 52-week high of $24.40 on Tuesday, finishing the day 0.95% higher at $24.34, after fluctuating between $24.03 and $24.40 during the trading session. A total of 1.29 million shares were traded, which is below the daily average volume of 1.99 million. The company's shares have surged 43.26% in the previous three months and 18.62% in the last one month, outperforming the S&P 500, which has gained 9.05% and 2.36% during the respective periods. Moreover, ARRIS Group Inc.'s stock is trading above its 50-day and 200-day moving averages of $19.69 and $16.94, respectively. A free report on ARRS can be accessed by registering at:

http://www.AAAResearchReports.com/ARRS010214.pdf

On Tuesday, Motorola Solutions Inc.'s stock ended the day at $67.50, up 0.37% from the previous day's closing price of $67.25. The company's shares vacillated between $67.15 and $67.64 during the trading session. A total of 0.65 million shares were traded, which is below the daily average volume of 1.50 million. The company's shares have gained 10.86% in the previous three months and 2.46% in the last one month, outperforming the S&P 500, which has gained 9.05% and 2.36% during the respective periods. Further, Motorola Solutions Inc.'s stock is trading near its 52-week high of $67.67 and also above its 50-day and 200-day moving averages of $64.63 and $60.09, respectively. Register with AAA Research Reports and download the research on MSI for free at:

http://www.AAAResearchReports.com/MSI010214.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.

http://www.AAAResearchReports.com/

SOURCE AAA Research Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.