The Silver State Health Insurance Exchange board opted Thursday not to dump Xerox Corp. (NYSE:XRX), which was awarded a $75 million contract to develop and operate the state’s online insurance Web portal known as Nevada Health Link. Xerox Corp (NYSE:XRX) stock opened at $10.99 in last session, and closed at $10.99, while the day range of stock is $10.88 – $11.09. The stock showed a positive weekly performance of 2.37%.
The Riverbed Technology (NASDAQ:RVBD) Board of Directors unanimously rejected the $21.00 per share proposal from Elliott Management, announcing Friday it believes the offer undervalues Riverbed and is “not in the best interests of shareholders.” Riverbed Technology, Inc. (NASDAQ:RVBD) stock opened at $20.63, in last session and closed at $22.28, by gaining 7.89%. The 52 week range of the stock is $13.77 – $22.76. Company’s market capitalization is $3.56 billion.
International Business Machines (NYSE:IBM) has had a rough time in recent years as CEO Ginni Rometty tries to improve the company’s profitability in a market that has turned away from hardware towards cloud-based computing services. International Business Machines Corp. (NYSE:IBM) stock decreased -0.05% and finished the last session at $185.17. The EPS of the stock remained 15.16. Company’s market capitalization is $192.83 billion.
ServiceNow Inc (NYSE:NOW), the enterprise IT cloud company, announced that its president and chief executive officer, Frank Slootman, will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, Mar. 4, 2014 at 2:40 p.m. PST (10:40 GMT). ServiceNow Inc (NYSE:NOW) stock opened the session at $69.69, and closed the session at $68.06. The 52 week range of the stock remained $31.69 – $71.80 and the day range was $65.78 – $70.20.
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