Nokia Corporation’ (NYSE:NOK) OZO VR Ecosystem of Technologies Chosen By Youku- Centene Corporation (CNC)

Nokia Corporation (NYSE:NOK) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.12% to close at $4.95 with the total traded volume of 3.43 Million shares. Nokia (NOK) reported that Youku, China’s leading digital entertainment platform, has chosen the Nokia OZO VR ecosystem of technologies to bring the most immersive VR content to the more than 500 million monthly active users engaged in its premier online video platform which has daily views of more than 1.1 billion.

By utilizing Nokia’s industry-leading, comprehensive OZO VR solution, Youku users and content creators will be able to experience and share the highest quality VR content including natively captured spatial audio.”China is one of the most progressive VR markets in the world with an appetite for high-quality virtual reality experiences that is enormous and growing,” said Paul Melin, vice president of digital media at Nokia Technologies.

“Our collaboration with Youku enables millions more people to enjoy incredibly immersive video and audio VR content through a well-known and trusted platform.” The firm has institutional ownership of 5.40%. Its price to sales ratio ended at 1.32. NOK attains analyst recommendation of 2.40 with week’s performance of 2.08%.

Centene Corporation (NYSE:CNC) [Trend Analysis] surged reacts as active mover, shares an advance 0.45% to trade at $60.42 and the percentage gap between open changing to regular change was -0.12%. Centene Corporation (NYSE: CNC) declared recently that its Pennsylvania subsidiary, Pennsylvania Health & Wellness, has been selected by the Pennsylvania Department of Human Services to serve Medicaid recipients enrolled in the HealthChoices program in three zones. Pending regulatory approval and successful completion of readiness review, the three-year contract is expected to commence June 1, 2017. In April, Centene was originally selected to provide services in three zones for HealthChoices. Recently’s award is in response to a re-issue of the HealthChoices award.

“We are pleased to be selected recently for the HealthChoices program,” said Michael F. Neidorff, Chairman, President and CEO for Centene. “This tremendous opportunity, along with the Community HealthChoices award in August of this year will allow Centene to make a major investment of more than a thousand local Pennsylvania jobs and deliver innovative programs to work towards improving the lives of the members we will be fortunate to serve.”  The firm past twelve months price to sales ratio was 0.30 and price to cash ratio remained 3.47. As far as the returns are concern, the return on equity was recorded as 8.70% and return on investment was 10.80% while its return on asset stayed at 2.50%. The firm has total debt to equity ratio measured as 0.80.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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