TOTAL S.A. (NYSE:TOT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.60% to close at $46.13 with the total traded volume of 1.51 Million shares. Total (TOT) together with Corbion reported that they have formed a 50/50 joint venture to produce and market polylactic or PLA polymers. “I’m very happy with this joint venture, which aims to become a major player in the growing bioplastics market.This investment is consistent with our One Total ambition of expanding in biofuels and bioplastics, in addition to our more traditional oil- and gas-based products,” commented Bernard Pinatel, President of Total Refining & Chemicals.
The two partners plan to build a PLA polymerization plant with a capacity of 75,000 tons per year at Corbion’s site in Thailand that already has a lactide (PLA monomer) production unit that will become part of the joint venture. Corbion will supply the lactic acid necessary for the production of the PLA and the lactide. The new firm will be based in the Netherlands and will launch operations in the first-quarter of 2017, subject to regulatory authorization s. The firm has institutional ownership of 6.40%, while insider ownership included 8.30%. Its price to sales ratio ended at 0.96. TOT attains analyst recommendation of 2.40 with week performance of -3.03%.
Nokia Corporation (NYSE:NOK) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.48% to $4.12. Smartwatches haven’t exactly been shining in terms of adoption since their arcontender a few years ago. Nokia, the erstwhile top mobile phone maker that was bought and then subsequently written off by Microsoft previous year, has been long-rumoured to have developed a smartwatch codeappointed‘Moonraker’ which never saw the light of day on a store shelf, but is now visible to the world thanks to a YouTube video.
The Moonraker’s face appears to be same in appearance to the LG G Watch; one of the first Android Wear smartwatches to hit the market, while the strap is reminiscent of the Apple Watch Sport. There’s a button below the display, which appears to function the same as a home button on a smartphone. Towards the end of the video you’ll also see the golden contacts at the back of the watch, which are used to charge in conjunction with a magnetically-latching cable. There also appears to be NFC compatibility. The share price of NOK attracts active investors, as stock price of week volatility recorded 1.84%. The stock is going forward to its 52-week low with 1.98% and lagging behind from its 52-week high price with -42.36%.