QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis] retains strong position in active trade, as shares scoring 0.44% to $67.86 in a active trade session, while looking at the shares volume, around 554227 shares have changed hands in this session. While government is pushing for digital payments through mobile phones, chipset maker Qualcomm said that wallets and mobile banking applications in India are not using hardware-level security which can make online transactions more secure.”You will be surprised because most of the banking or wallet apps around the world don’t use hardware security.
They actually run completely in Android mode and users password can be stolen. Users use fingerprint which might be captured… in India that is the case for most of all digital wallets and mobile banking apps,” Qualcomm Senior Director Product Management SyChoudhury told reporters. He said that even most famous digital payment application in India is not using hardware level security. The firm has institutional ownership of 80.10%, while insider ownership included 0.17%. QCOM attains analyst recommendation of 2.30 with week’s performance of -1.14%. Investors looking further ahead will note that the Price to next year’s EPS is 5.25%.
Shares of Mondelez International, (NASDAQ:MDLZ) [Trend Analysis] swings enthusiastically in regular trading session, it an increase of 3.71% to close at $44.42. Mondelez International Inc declared that it has not heard from Kraft Heinz Co about any potential acquisition, people familiar with the matter said on Wednesday, after Swiss magazine Bilanz declared that the latter was planning a bid.
Mondelez has no reason to believe there is truth to the Bilanz report, the sources said, asking for anonymity to discuss the matter. Kraft-Heinz and Mondelez, two of the world’s largest packaged food producers, offered no comment. Moving forward to saw long-term intention, the experts calculate Return on Investment of 19.10%. The stock is going forward its fifty-two week low with 25.40% and lagging behind from its 52-week high price with -4.27%. MDLZ last month stock price volatility remained 1.92%.