On Tuesday, Shares of Facebook Inc (NASDAQ:FB), added 1.84% and closed at $117.20 in the last trading session. The last trading range of the stock ranges between $113.55 and $119.13. Facebook, Inc. operates as a mobile application and Website that facilitates people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that facilitates people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which facilitate people to reach others instantly, in addition to facilitate businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance program, in addition to support and expand the development of the social enterprise sector in India.
Nokia Corp (ADR)(NYSE:NOK), dropped -3.94% and closed at $4.14 in the last trading session. The last trading range of the stock ranges between $4.04 and $4.15. The company’s Market capitalization is $23.64 Billion with the total Outstanding Shares of 5.77 Billion. Nokia Corporation to repurchase own shares in line with its capital structure optimization program
Espoo, Finland – In line with the EUR 7 billion capital structure optimization program declared earlier, the Nokia Board of Directors has resolved to begin a share repurchase program (the “Program”) under the authorization granted by the Nokia Annual General Meeting on June 16, 2016 (the “AGM”).
The Board has resolved to repurchase a maximum of 575 million Nokia shares up to an equivalent of EUR 1 billion.
The shares may be repurchased by way of a directed repurchase from sellers in marketplaces where the rules allow companies to trade with their own shares. The purchase price will be based on the current market price of Nokia shares in such marketplaces. The volumes to be repurchased may not exceed 25% of the daily average volume of the shares on the marketplace where the purchase is carried out. The daily average volume is based on the daily average volume traded during the month preceding the month of this disclosure.
Brinker International, Inc. (NYSE:EAT), jumped 0.02% and closed at $54.90 in the last trading session. The last trading range of the stock ranges between $54.17 and $55.28. During the 52-week trading session the minimum price at which share price traded, registered at $43.20 and reached to max level of $55.28. Brinker International, Inc., together with its auxiliaries, owns, develops, operates, and franchises casual dining restaurants worldwide. As of June 29, 2016, it had 1,660 company-owned and franchised restaurants comprising 1,609 restaurants under the Chili’s Grill & Bar brand name; and 51 restaurants under the Maggiano’s Little Italy brand name.