Kolkata, West Bengal -- (SBWIRE) -- 09/26/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Nokia Corporation (ADR)(NYSE:NOK), Zynga Inc(NASDAQ:ZNGA), Baidu.com, Inc. (ADR)(NASDAQ:BIDU).
Nokia Corporation (ADR)(NYSE:NOK) shares jumped 0.76% to $6.63. The company is expected to introduce six new devices during its special event dubbed Nokia World in Abu Dhabi on October 22, according to a report from The Verge based on information obtained from an anonymous source familiar with the issue on Sept. 25.
Additionally, When Nokia Corporation struck a deal to sell its devices division to Microsoft, the company actually contacted Finland’s prime minister about it. That shows just how important the company is to the Finnish economy. The Wall Street Journal’s Juhana Rossi spoke with Finnish Prime Minister Jyrki Katainen about the conversation he had with Nokia Chairman Risto Siilasmaa.
Should Investors Buy NOK After Yesterday’s Jump? Find Out Here
Zynga Inc(NASDAQ:ZNGA) shares increased 4.85% to $3.79. According to a Sept. 9 filing at a California state court, Zynga Inc (NASDAQ:ZNGA) and its former studio general manager reconciled a trade-secrets misappropriation case. Last October, San Francisco-based Zynga litigated Alan Patmore in San Francisco County Superior Court, blaming him for bringing companies files with him when he joined Zynga’s rival Kixeye.
How Should Investors Trade ZNGA After The Recent Volatility? Get Free Trend Analysis Here
Baidu.com, Inc. (ADR)(NASDAQ:BIDU) shares gained 0.37% to $150.68. Baidu Inc. (BIDU)’s travel-booking service Qunar.com Inc. is planning a U.S. initial public offering that may raise about $150 million, said two people with knowledge of the matter on Sept. 9.
Qunar, which runs China’s most popular mobile travel app, is working with Deutsche Bank AG and Goldman Sachs Group Inc. on the sale, said the people, who asked not to be identified because the process is private. An IPO may take place as early as in the fourth quarter, they said. Baidu, operator of China’s largest search engine, paid $306 million in 2011 for a majority stake in Qunar to tap the country’s growing travel market.
Should Investors Buy BIDU After Yesterday’s Jump? Find Out Here
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