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Nokia Corporation (NYSE:NOK) dropped in previous session as analysts anticipates HERE’s value at $2.2B to $4.4B. Talks among automakers and Nokia more than the sale of its mapping business HERE have allegedly cooled off. Citing nameless sources, Reuters released on Wednesday that a consortium of German automakers–Daimler, BMW, and Audi–is having difficulties reaching a contract over the sale price and structure of a potential deal. Talks with the other interested parties, which include Uber and China’s Baidu, and a group led by Chinese social network Tencent, have reportedly dropped off. “Talks have not broken down, but they are at a delicate stage of brinkmanship,” said one of Reuters’ sources about the potential deal with the automakers. Shares of Nokia Corporation (NYSE:NOK) traded at $6.45 by moving up 2.06% with price volatility of 2.63% for a week and 1.92% for a month. Its beta stands at 1.74 times.
Mattson Technology Inc. (NASDAQ:MTSN) released that its newest dry strip product, the Suprema XP, has been installed and reported for high volume production at multiple memory production facilities. “Building our next generation dry strip system on our Suprema design, we have increased the process operating range and further increased the throughput capability with the Suprema XP. This enables our customers to manufacture their most advanced technologies, in high volume production,” highlighted Ryan Pakulski, General Manager of Mattson Technology’s Plasma Products Group. Mattson Technology Inc. (NASDAQ:MTSN) stock hit highest price at $3.45, beginning with a price of $3.39 and reported a decrease of -2.68% to close at $3.27 with a day range of $3.25-$3.45.
Tenneco Inc. (NYSE:TEN) released that Jaguar Land Rover has chosen Tenneco’s high-performance suspension technology for its all-new XE sports sedan. The vehicle’s lightweight, high-pressure gas monotube shock absorbers offer excellent vehicle stability and handling as a result of innovative valve technology. The special design provides more mounting options, higher potential damping levels and a better response compared with twin tube shocks. Tenneco Inc. (NYSE:TEN) stock has highest price of $53.38 in last session, beginning with a price of $53.29 and reported a gain of 0.63% to close at $52.43 with a day range of $52.25-$53.38. The stock is going forward its 52-week low with 12.41% and moving down from its 52-week high price with -24.26%.