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Create a 2 pages page paper that discusses financial management. Project Management Table of Contents 0Data of stock prices movements for the last few days (nasdaq, . 3 2.0Overview of Microsoft and No

Create a 2 pages page paper that discusses financial management. Project Management Table of Contents 0Data of stock prices movements for the last few days (nasdaq, . 3 2.0Overview of Microsoft and Nokia 6 3.0The Deal6

4.0Projections7

References8

1.0 Data of stock prices movements for the last few days (nasdaq, 2014).

Nokia Corporation (NOK)

&nbsp.

&nbsp.

&nbsp.

Date

Open

High

Low

Close / Last

Volume

&nbsp.

&nbsp.

&nbsp.

&nbsp.

&nbsp.

&nbsp.

25/04/2014

7.42

7.435

7.2

7.27

12,892,990

24/04/2014

&nbsp.7.29

&nbsp.7.33

&nbsp.7.20

&nbsp.7.255

18,346,890

23/04/2014

7.39

7.39

7.27

7.3

9,527,170

22/04/2014

7.545

7.55

7.45

7.47

17,243,910

21/04/2014

7.35

7.45

7.3

7.43

16,083,400

17/04/2014

7.39

7.41

7.33

7.34

16,550,740

16/04/2014

7.2

7.33

7.19

7.3

22,252,780

15/04/2014

7.275

7.34

7.06

7.15

26,852,660

14/04/2014

7.31

7.36

7.25

7.34

18,081,620

11/04/2014

7.49

7.585

7.37

7.41

17,463,750

10/04/2014

7.81

7.84

7.57

7.64

17,022,960

09/04/2014

7.685

7.84

7.62

7.81

32,774,280

08/04/2014

7.59

7.78

7.52

7.58

69,648,840

07/04/2014

7.34

7.3899

7.14

7.22

25,555,560

Microsoft

&nbsp.

&nbsp.

&nbsp.

&nbsp.

&nbsp.

Date

Open

High

Low

Close / Last

Volume

&nbsp.

&nbsp.

&nbsp.

&nbsp.

&nbsp.

&nbsp.

25/04/2014

40.29

40.68

39.75

39.91

56,869,690

24/04/2014

&nbsp.39.74

&nbsp.39.97

&nbsp.39.30

&nbsp.39.435

41,840,750

23/04/2014

39.99

39.99

39.47

39.69

24,556,290

22/04/2014

39.96

40.14

39.83

39.99

27,052,740

21/04/2014

40.13

40.15

39.79

39.94

22,200,560

17/04/2014

40.01

40.195

39.51

40.01

36,688,000

16/04/2014

40.06

40.415

39.905

40.4

30,282,610

15/04/2014

39.34

39.96

39.05

39.75

33,966,410

14/04/2014

39.11

39.41

38.9

39.18

32,005,420

11/04/2014

39

39.79

39

39.209

34,329,160

10/04/2014

40.44

40.69

39.09

39.36

45,936,930

09/04/2014

39.93

40.55

39.88

40.47

27,331,630

08/04/2014

39.75

39.93

39.2

39.82

35,918,620

07/04/2014

39.96

40.27

39.74

39.8

37,543,980

&nbsp.

&nbsp.

Date

Nokia stock close prices in USD

7-Apr-14

7.22

8-Apr-14

7.58

9-Apr-14

7.81

10-Apr-14

7.64

11-Apr-14

7.41

14-Apr-14

7.34

15-Apr-14

7.15

16-Apr-14

7.3

17-Apr-14

7.34

21-Apr-14

7.43

22-Apr-14

7.47

23-Apr-14

7.3

24-Apr-14

7.26

25-Apr-14

7.27

Figure 1

Days in April 2014

Data source: (nasdaq, 2014).

date

Microsoft stock close prices in USD

7-Apr-14

39.8

8-Apr-14

39.82

9-Apr-14

40.47

10-Apr-14

39.36

11-Apr-14

39.209

14-Apr-14

39.18

15-Apr-14

39.75

16-Apr-14

40.4

17-Apr-14

40.01

21-Apr-14

39.94

22-Apr-14

39.99

23-Apr-14

39.69

24-Apr-14

39.44

25-Apr-14

39.91

Figure 2

Days in April 2014

Data source: (nasdaq, 2014).

2.0 Overview of Microsoft and Nokia

Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide (Local news now, 2014). Nokia is a leader in the fields of network infrastructure, location-based technologies and advanced technologies (Nokia, 2013).

3.0 The Deal

There was a deal which was completed in April 25th 2014 where Microsoft and the Nokia Devices and Services business are coming together as one to deliver a family of devices and services that will delight consumers and empower businesses. The acquisition has been approved by Nokia shareholders and by governmental regulatory agencies around the world. The completion of the acquisition marks the first step in bringing these two organizations together as one team (Microsoft, 2014).

Where do Nokia and Microsoft go from here? Since the deal was first announced last September, it was evident that this was a win-win situation for both sides. Nokia can get on with growing its solutions and networks division without the albatross of its money-losing mobile phone unit around its neck (fool.com, 2014).

For Microsoft, a late transition to&nbsp.the 21st&nbsp.century will be realized in the next couple of days. Its about time. The completion of the Nokia Devices and Services business acquisition April 25 will enable Microsoft to accelerate its share of smart phones and feature phones in developed and emerging markets, and increase its role as a devices and services company. (Local news now, 2014).

Microsoft will target the affordable mobile devices market, a $50 billion annual opportunity, delivering the first mobile experience to the next billion people while introducing Microsoft services to new customers around the world (Microsoft, 2014).&nbsp. Microsoft will continue to deliver new value and opportunity, and it will work closely with a range of hardware partners, developers, operators, distributors and retailers, providing platforms, tools, applications and services that enable them to make exceptional devices. With a deeper understanding of hardware and software working as one, the company will strengthen and grow demand for Windows devices overall (marketwatch, 2014).

4.0 Projections

Industry watchers thought it was a "win-win solution" for both of the enterprises. "Microsoft has always been trying to expand its mobile Internet market, and Nokia, whose manufacturing technology for handsets is advanced, urgently needs to look for a savior," Cao Yujie, director of consultants for IT market research agency CCW Research, told the Global Times. Forgoing the manufacturing operations in South Korea, and likely doing the same in India, will have an impact. Based on little to no stock price movements of&nbsp.Microsoft and Nokia in the last couple days, investors appear to be relieved more than excited (fool.com, 2014). Analysts argue that this will not affect prices in short term since mobile phone market is undergoing a period of integration (globaltimes, 2014).

Already from our data used to plot the stock movements, the prices of Microsoft have gone up and the volume has also surged. The Nokia stock prices have decreased and also the stock volumes have decreased slightly (nasdaq, 2014).

References

fool.com. 2014. fool.com/investing/general/2014/04/23.[Online]. Available at: http://www.fool.com/: http://www.fool.com/investing/general/2014/04/23/time-to-tweak-the-microsoft-corporation-nokia-deal.aspx[Accessed on:April, 2014]

globaltimes. 2014. globaltimes.cn.[Online]. Available at:http://www.globaltimes.cn/content: Available at:http://www.globaltimes.cn/content/808475.shtml#.U1tht3CLBXw[Accessed on:September,2014]

Local news now. 2014. Localnews now.org. [Online]. Available at: http://www.localnewsnow.org/invest-stocks-microsoft-corporation: http://www.localnewsnow.org/invest-stocks-microsoft-corporation-msft.html#.U1pZx3CLBXw [Accessed on: April, 2014]

marketwatch. 2014. marketwatch.com/story/.[Online]. Available at: http://www.marketwatch.com/: http://www.marketwatch.com/story/microsoft-officially-welcomes-the-nokia-devices-and-services-business-2014-04-25[Accessed on:April,2014]

Microsoft. 2014. microsoft.com/en-us/news/press/2014. [Online].Available at: http://www.microsoft.com/: http://www.microsoft.com/en-us/news/press/2014/apr14/04-25nokiapr.aspx[Accessed on:26 April, 2014]

nasdaq. 2014. nasdaq.com. [Online] Available at:http://www.nasdaq.com/symbol: http://www.nasdaq.com/symbol/nok/historical[Accessed on:26 April, 2014]

nasdaq. (2014, April 26). nasdaq.com. [Online]. Available at: http://www.nasdaq.com/symbol/msft: http://www.nasdaq.com/symbol/msft/historical#ixzz2zpI6qM82[Accessed on:26 April, 2014]

Nokia.2013.company.nokia.com/en/about-us/our-company.[Online].Available at: http://company.nokia.com/:http://company.nokia.

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