US pharmaceutical giant Pfizer Inc. (NYSE:PFE) is reported to have made a tentative $101-billion (£60 billion) takeover offer for British rival AstraZeneca Plc, according to a media report. Pfizer Inc. (NYSE:PFE) shares after opening at $30.15 moved to $30.40 on last trade day and at the end of the day closed at $30.25. Company price to sales ratio in past twelve months was calculated as 3.75 and price to cash ratio as 5.97. Pfizer Inc. (NYSE:PFE) showed a negative weekly performance of -1.18%.
AstraZeneca Pharma India rose 4.29% on reports US-based Pfizer has approached London-based AstraZeneca plc (ADR) (NYSE:AZN) for a 60 billion pound takeover. According to reports, Pfizer Inc. considered buying London-based AstraZeneca plc (ADR) (NYSE:AZN) in informal talks held several months ago. AstraZeneca plc (ADR) (NYSE:AZN) shares fell -0.0.6% in last trading session and ended the day on $63.49. AstraZeneca plc (ADR) (NYSE:AZN) return on equity ratio is recorded as 19.10% and its return on assets is 8.10%. AstraZeneca plc (ADR) (NYSE:AZN) yearly performance is 30.18%.
Facebook Inc. (NASDAQ:FB) could soon launch its own advertising network for mobile devices, following other technology giants such as Google Inc. (NASDAQ:GOOG) and Yahoo! Inc. (NASDAQ:YHOO), a new report said on Sunday. Facebook Inc (NASDAQ:FB) shares moved down -1.31% in last trading session and was closed at $58.94, while trading in range of $58.72 – $60.58. Facebook Inc (NASDAQ:FB) year to date (YTD) performance is 7.85%.
Tesla Motors Inc. (NASDAQ:TSLA) is poised to begin deliveries of the Model S sedan in China as Chief Executive Officer Elon Musk tests the reluctance of consumers in the world’s largest auto market to buy electric cars. Tesla Motors Inc (NASDAQ:TSLA) weekly performance is -2.97%. On last trading day company shares ended up $198.12. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -9.77%. Analysts mean target price for the company is $227.42.
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