Apple Inc. (NASDAQ:AAPL) has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990s that has all but disappeared on Wall Street. On Wednesday, the iPad maker and largest U.S. company by market value said it would do a seven-for-one split, knocking its share price down from the $500-plus level to something closer to $75. Apple Inc. (NASDAQ:AAPL) shares after opening at $564.53 moved to $571.99 on last trade day and at the end of the day closed at $571.94. Company price to sales ratio in past twelve months was calculated as 2.93 and price to cash ratio as 12.53. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 8.95%.
Nokia Corporation (ADR) (NYSE:NOK) yesterday completed the sale of its handset business to software giant Microsoft, keeping the Chennai manufacturing plant, one of its largest facilities, out of the deal. Nokia Corporation (ADR) (NYSE:NOK) shares fell -0.41% in last trading session and ended the day on $7.27. NOK return on equity ratio is recorded as -18.20% and its return on assets is -4.90%. Nokia Corporation (ADR) (NYSE:NOK) yearly performance is 120.30%.
Tesla Motors Inc. (NASDAQ:TSLA) Chief Executive Elon Musk was paid about $70,000 in 2013 in salary and stock options, only a fragment of what he stands to eventually receive in company stock, Tesla said in a filing on Thursday with U.S. securities regulators. Musk’s total cash compensation in 2013 officially was $33,280, which is aligned with the minimum wage in California, but he only takes $1 per year in pay. Tesla Motors Inc. (NASDAQ:TSLA) shares moved down -3.85% in last trading session and was closed at $199.85, while trading in range of $197.65 – $206.70. Tesla Motors Inc. (NASDAQ:TSLA) year to date (YTD) performance is 32.85%.
Investors would love to hear that BlackBerry Ltd (NASDAQ:BBRY) is making nice progress in its turnaround. However, everything is not turning around so fast for the embattled pioneer smartphone maker, at least going by the latest data that assessed the U.S. mobile operating system market. The company’s CEO John Chen recently stated that he expects BlackBerry to enter cash breakeven this year and profitability by next year. Moreover, the CEO stressed that the company currently enjoys solid cash position that makes it capable of financing its turnaround. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is 1.82%. On last trading day company shares ended up $7.28. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -17.75%. Analysts mean target price for the company is $10.90.
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