As usual, Groupon Inc (NASDAQ:GRPN) call traders are more active than their bearish counterparts this afternoon. Nevertheless, the July 6 put is actually GRPN’s most active strike, with more than 4,100 contracts on the tape. Groupon Inc (NASDAQ:GRPN) shares after opening at $7.03 moved to $7.09 on last trade day and at the end of the day closed at $6.99 Company price to sales ratio in past twelve months was calculated as 1.85 and price to cash ratio as 3.84. Groupon Inc (NASDAQ:GRPN) showed a negative weekly performance of -5.80%.
In a sign of the changing times, Apple Inc. (NASDAQ:AAPL) is on the brink of passing Nokia’s feature phone sales with sales of its iPhone smartphone. The figures released by Strategy Analytics are important not only because of Nokia’s historical interest as one of the world’s largest mobile phone sellers for close to half a century, but because they ring the knell of an entire form factor of electronics. Nokia sold 47 million telephones in total during a quarter in which Apple (AAPL) sold 43.7 million. All of Apple’s sales were iPhones, while Nokia’s sales were mostly feature phones and encompassed a large range of different models. These ranged as low as $60 new in price, meaning that sales were declining even for those mobile phones far cheaper than the famous Apple flagship product. Apple Inc.(NASDAQ:AAPL) shares after opening at $592.64 moved to $599.43 on last trade day and at the end of the day closed at $590.09. Company price to sales ratio in past twelve months was calculated as 2.89 and price to cash ratio as 12.29. Apple Inc.(NASDAQ:AAPL) showed a positive weekly performance of 12.45%.
According to The New York Times, Yahoo! Inc. (NASDAQ:YHOO) CEO Marissa Mayer received a substantial pay package as CEO of the company so far. Mayer’s pay from Yahoo! totaled an estimated $214 million through stock grants and options. When Mayer was hired, Yahoo!’s stock was at $15.78 per share. Because of the rise in the stock price, Equilar calculated that Mayer’s $56 million package grew to around $186 million as of the end of last year. Yahoo! Inc.(NASDAQ:YHOO) shares moved up 0.33% in last trading session and was closed at $35.95, while trading in range of $ 35.25 – 36.44 . Yahoo! Inc.(NASDAQ:YHOO) year to date (YTD) performance is -11.10%.
Cisco Systems, Inc. (NASDAQ:CSCO) has invested $150 million in early-stage organizations connected to the Internet of Things market. Cisco is starting with investments in two startups and an accelerator. Cisco Investments participated in funding rounds of Evrythng, Ayla Networks, and Alchemist Accelerator. Cisco Systems, Inc.(NASDAQ:CSCO) weekly performance is -1.66%. On last trading day company shares ended up $23.11. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 3.91%. Analysts mean target price for the company is $23.84.
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