Worth Watching Stocks Under Consideration: Ross Stores, Inc. (NASDAQ:ROST), Nokia Corp (ADR) (NYSE:NOK)

On Tuesday, Shares of Ross Stores, Inc. (NASDAQ:ROST), included 1.49% and shut at $68.94 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $68.55 and $69.81. Ross Stores, Inc. (ROST) recently stated earnings per share for the third quarter ended October 29, 2016 of $.62, a 17% increase on top of a robust 15% gain in the prior year.  Net earnings grew to $245 million, up from $216 million last year.   Sales for the 2016 third quarter rose 11% to $3.1 billion, with comparable store sales up 7% as compared to a 3% gain in the prior year.

For the first nine months of fiscal 2016, earnings per share were $2.06, up 11% on top of a 15% increase last year. Net earnings were $817 million, up from $757 million in the prior year.  Sales for the first nine months of 2016 rose 8% to $9.4 billion, with comparable store sales up 4% on top of a 4% gain in 2015.

Shares of Nokia Corp (ADR) (NYSE:NOK), added 0.48% and shut at $4.19 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $4.16 and $4.20. The association’s commercial center capitalization is $24.30 Billion with the general uncommon loads of 5.77 billion. Nokia and the UAE’s GCAA to develop end-to-end ecosystem to support regular commercial use of an unmanned aerial system (UAS) in the UAE

Nokia’s unmanned aerial vechicle (UAV) Traffic Administration concept will give GCAA ability to track and manage all UAS in UAE airspace, supporting use of automated drones for both commercial and government applications

Project will facilitate the UAE to become the world’s first country to allow UAS usage in safe and secure environment and embrace drone technology as part of smart city operations

21 November 2016

Dubai, UAE – Nokia and the United Arab Emirates General Civil Aviation Authority (GCAA) have reached a planned partnershipto drive the development of an end-to-end UAS ecosystem that will make the UAE the first country in the world to allow the operation of drones by both businesses and government agencies in a safe, secure and managed environment. The project is part of an program by the GCAA to make Dubai one of the world’s smartest cities by 2017, and will allow Dubai government security network operator Nedaa to develop a next generation network for mission-critical and smart city services within the GCAA regulatory framework.

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