New York, December 11, 2013 / Accesswire/ - Market Buzz Report, which provides technical analysis on small cap stocks, issues notable stocks reports for Nokia Corporation (ADR)(NYSE:NOK), Sprint Corporation(NYSE:S), Avanir Pharmaceuticals Inc(NASDAQ:AVNR), BlackBerry Ltd(NASDAQ:BBRY).
Multiple sources tell The Verge Nokia Corporation
(ADR)(NYSE:NOK) phone unit has been working on a low-end Android phone even as
the business gets set to be sold to Microsoft (MSFT). A 2014 launch is said to
be planned.The phone, codenamed Normandy, reportedly features (like Amazon's
Kindle Fire line) a non-Google-approved version of Android. That means it can't
feature Google Play, or commonly pre-installed Google apps/services such as
YouTube, Maps, Gmail, and Now. Sources compare the product to Nokia's Asha
feature phones. The NYT previously reported Nokia worked on Android phones before
the Microsoft deal was announced. However, the deal prohibits Nokia from
selling phones under the Nokia brand until 2016. Moreover, maintaining a phone
business, and the patent cross-licenses needed for it, could undercut Nokia's
efforts to better monetize its IP.Thus, Microsoft will probably have the final
call on whether to sell the phone. Thanks in large part to the Lumia 520 and
Free Urgent Insider Catalyst Report For NOK Available Here: http://marketbuzzreport.com/index.php?code=NOK (Or Copy and paste the URL into your browser)
Windows Phone has made decent gains in the low-end smartphone market. But it hasn't yet reached the unsubsidized price points (well below $100) delivered by the cheapest Android phones. In the meantime, those Android phones are eating into Nokia's feature phone business.
By leveraging spectrum found in three different bands (including city-friendly 2.5GHz. spectrum acquired from Clearwire), Sprint Corporation(NYSE:S) Spark 4G LTE service will offer download speeds of 50-60Mbps in the near-term and (with the help of carrier aggregation) possibly 150-180Mbps in two years, says CEO Dan Hesse at a UBS conference.Sprint is in the midst of rolling out Spark in a handful of major cities (service was just launched in Chicago), but Hesse promises much wider availability next year. He also admits Sprint's breakneck LTE buildout has caused some near-term service quality issues; Consumer Reports recently ranked Sprint dead last among U.S. mobile carriers in a customer service survey.Verizon, which continues to have a 4G coverage edge over rivals, is in the midst of tripling its 4G capacity in major markets.
Free Urgent Insider Catalyst Report For S Available Here: http://marketbuzzreport.com/index.php?code=S
(Or Copy and paste the URL into your browser)
Avanir Pharmaceuticals Inc(NASDAQ:AVNR) shares plunge 13.8% AH after the company announces that AVP-923, its MS drug candidate, did not meet the primary efficacy endpoint in its phase II PRIME clinical trial."[T]here was no difference between the treatment arms and placebo," the company disclosed, attributing results to a higher-than-expected placebo response.See also: Avanir Pharmaceuticals EPS in-line, misses on revenue.
Free Urgent Insider Catalyst Report For AVNR Available Here: http://marketbuzzreport.com/index.php?code=AVNR (Or Copy and paste the URL into your browser)
Failing smartphone maker BlackBerry Ltd(NASDAQ:BBRY) has been keeping a low profile since the firm hired turnaround artist John Chen to run the company early in November. Shares of the company’s stock are down 11% since Chen’s appointment, not exactly what BlackBerry’s board was hoping for. And it gets worse - the stock hit a 10-year low today.
Free Urgent Insider Catalyst Report For BBRY Available Here: http://marketbuzzreport.com/index.php?code=BBRY (Or Copy and paste the URL into your browser)
Chen was hired to replace former CEO Thorstein Hein after Blackberry failed to find a buyer for the company. The same day Chen’s appointment was announced BlackBerry also said that it had received a cash infusion of $1 billion from an unnamed group of institutional investors including the company’s former board chairman Prem Watsa.
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