| The KUIK Closing Market Report for Wednesday, October 22: | |||||||
| Markets were down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (154) | points | 16,461 | 4:56 PM | ||
| S&P500 | Down | -0.7% | percent | 1,927 | (14.17) | ||
| Nasdaq Composite | Down | -0.8% | percent | 4,383 | (36.63) | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.00 | Annual Yield | ||
| Reuters reports Microsoft looks like it has ditched the Nokia name from its Lumia smartphones. According to a post on Nokia France’s Facebook page, the page will change its name to Microsoft Lumia “in the coming days.” The $7.2 billion deal was struck in September 2013 and completed last April. , Microsoft acquired Nokia’s handset business but not not the Nokia name. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.reuters.com/article/2014/10/22/us-microsoft-nokia-idUSKCN0IB2AY20141022 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||