Boston, MA 02/04/2014 (wallstreetpr) – It is to be agreed that QUALCOMM, Inc. (NASDAQ:QCOM) has an ability to visualize the future of the mobile device space. It is evident from the company’s quick action to turn around just at the right time to beat the high-end smartphone slowdown in the developed markets. The company swiftly shifted its focus towards the emerging markets like China, where it engaged in manufacturing low-cost chips for low priced handsets in this region. While, on the other hand, it also slashed its operating expenses to manage its profitability. The efforts were clearly visible during the company’s recent first quarter results as it managed to keep its EPS of $1.26 per share ahead of analysts’ expectations. In a nutshell, inspite of a tough environment in China, QUALCOMM, Inc. (NASDAQ:QCOM) has more reasons to cheer than worry as it enjoys a dominant position in the LTE area in China.
Northstar Realty Finance Corp.(NYSE:NRF) recently made a disclosure that its Board of Directors has announced quarterly dividends to its Series A,B,C and D preferred stock. The quantum of dividend is fixed at $0.54688 per share for Series A, $0.51563 per share for Series B,$0.55469 per share for Series C and $0.53125 per share for Series D. The record date is fixed as February 10’2014 and the dividends are payable to shareholders on February 18, 2014.
As per the latest update, Socgen has initiated coverage for the stock of Mondelez International Inc (NASDAQ:MDLZ). On Friday, in its research report, Socgen has placed a ‘hold’ rating for the stock. A similar coverage has been started by SocieteGenerale too on Thursday. They too have placed a ‘hold’ rating on the stock. Mondelez, is a snack manufacturing company and produces and markets its food and beverage products across 165 countries. The shares of Mondelez International Inc (NASDAQ:MDLZ) traded down on Monday, recording a fall of 2.08%.
