Today’s Trade Alerts include: Acme Packet Inc. (Nasdaq: APKT), Nokia Corp. (NYSE: NOK), Corning Inc. (NYSE: GLW), QUALCOMM Inc. (Nasdaq: QCOM), Broadcom Corp. (Nasdaq: BRCM), and Ericsson Telephone Company (Nasdaq: ERIC).
“Acme Packet Inc. (APKT) shares climbed 3.08% to $5.35 in Monday’s mid-morning trading. Acme Packet provides session border controllers (SBC) that enable service providers to deliver interactive communications voice, video and multimedia sessions across Internet protocol (IP) network borders...
“Acme Packet recently announced that Korea Telecom, Korea's largest integrated wired and wireless communications service provider, has selected Acme Packet Net-Net SBCs for its international VoIP peering service. With this latest selection, Acme Packet’s Net-Net SBCs are currently deployed to support five VoIP and IMS projects at KT…
“An Acme Packet customer since 2005, KT uses Acme Packet SBCs to support its residential and business VoIP services and domestic VoIP interconnects...”
“Nokia Corp. (NOK) shares were slightly up Monday morning, trading at $27.20. Nokia designs, manufactures and sells a range of mobile devices and networks with services and software worldwide…
“Nokia Growth Partners, a global private equity and venture capital management firm, recently said it received an additional $150 million commitment. According to the firm, commitment from Nokia Corp. increases funds under management for direct investments to $250 million…
“Nokia Growth Partners said it will ‘establish direct operations in India and China and augment investment activity in the United States and Europe.’ Target investments include companies creating innovative mobile applications and services that encourage rapid adoption of mobile solutions, such as context and location based services, mobile payments, mobile advertising, music and entertainment and other mobile services and software…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Acme Packet Inc. (Nasdaq: APKT). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
