Top Wall Street Stories: International Business Machines Corporation (NYSE:IBM), vTv Therapeutics Inc. (NASDAQ:VTVT), Nokia Corporation (NYSE:NOK), Potash Corporation (NYSE:POT), Galena Biopharma (NASDAQ:GALE)

On July 27, International Business Machines Corporation (NYSE:IBM) announced that it will invest $60 million in Africa, for development of the next generation technical experts in the next three years. For this initiative, the company plans to expand its Africa University Program, and the Africa Technical Academy, to more than 20 countries. International Business Machines Corporation (NYSE:IBM) belongs to Technology sector. Its net profit margin is 13.00% and weekly performance is -1.53%. On last trading day company shares ended up $157.60. International Business Machines Corporation (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -5.25%.

On July 30, Nasdaq (Nasdaq:NDAQ) announced that trading of vTv Therapeutics Inc. (NASDAQ:VTVT), a clinical-stage biopharmaceutical company, commenced on The Nasdaq Stock Market on July 30, 2015. vTv Therapeutics Inc. (NASDAQ:VTVT) shares advanced 0.40% in last trading session and ended the day at $10.04.

On 04 August, Nokia Corporation (ADR) (NYSE:NOK) announced an agreement to sell its HERE digital mapping and location services business to a consortium of leading automotive companies, comprising AUDI AG, BMW Group and Daimler AG (the “Consortium”). The transaction values HERE at an enterprise value of EUR 2.8 billion with a normalized level of working capital and is expected to close in the first quarter of 2016, subject to customary closing conditions and regulatory approvals. Upon closing, Nokia estimates that it will receive net proceeds of slightly above EUR 2.5 billion, as the purchaser would be compensated for certain defined liabilities of HERE currently expected to be slightly below EUR 300 million as part of the transaction. Nokia expects to book a gain on the sale and a related release of cumulative foreign exchange translation differences totaling approximately EUR 1 billion as a result of the transaction. Nokia Corporation (ADR) (NYSE:NOK) belongs to Technology sector. Its net profit margin is 45.00% and weekly performance is 3.78%. On last trading day company shares ended up $6.87. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -1.49%.

On July 30, Potash Corporation of Saskatchewan Inc. (NYSE:POT) said it may sell some assets, including equity stakes in associated fertilizer makers such as Israel Chemicals Ltd., as it seeks to grow through acquisitions. Potash Corporation of Saskatchewan Inc. (NYSE:POT) belongs to Basic Materials sector. Its net profit margin is 22.10% and weekly performance is -0.11%. On last trading day company shares ended up $27.29. Potash Corporation of Saskatchewan Inc. (NYSE:POT) distance from 50-day simple moving average (SMA50) is -8.19%.

Galena Biopharma Inc (NASDAQ:GALE) announced that the Company will report its second quarter 2015 financial results on Thursday, August 6, 2015 after the close of the financial markets. The company will host a webcast and conference call following the announcement at 2:00 p.m. P.T./5:00 p.m. E.T. Galena Biopharma Inc (NASDAQ:GALE) belongs to Healthcare sector. Its weekly performance is 1.24%. On last trading day company shares ended up $1.63. Galena Biopharma Inc (NASDAQ:GALE) distance from 50-day simple moving average (SMA50) is -7.10%.

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