On 21 JUNE Facebook Inc (NASDAQ:FB) decided to visit emerging markets like Africa to learn what some of the pain points of its mobile apps are overseas. Facebook Inc (NASDAQ:FB) sent a team of product managers and engineers to different regions of Africa to learn about how people were using the service and the types of devices that they were using. Facebook Inc (NASDAQ:FB) net profit margin is 21.40%.On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 5.61%.
On 19 JUNE Twitter Inc (NYSE:TWTR) announced plans to acquire Snappy TV. Twitter Inc (NYSE:TWTR) shares advanced 0.87% in last trading session and ended the day on $39.24. TWTR Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR) quarterly performance is -22.94%.
Bank of America Corp (NYSE:BAC) announced that it will lower the threshold for consumers who qualify for discounts on loans and other benefits as the No. 2 U.S. bank seeks to win more business from existing customers. Bank of America Corp (NYSE:BAC) shares moved down -0.58% in last trading session and was closed at $15.45, while trading in range of $15.44 – $15.63. Bank of America Corp (NYSE:BAC) year to date (YTD) performance is -0.71%.
General Electric Company (NYSE:GE) said it will sell its railway signal business to Alstom, and set up three joint ventures with the French company. General Electric Company (NYSE:GE) ended the last trading day at $26.97. Company weekly volatility is calculated as 0.94% and price to cash ratio as 3.11. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.56%.
On 9 JUNE Sirius XM Holdings Inc. (NASDAQ:SIRI) reported all-round positive numbers in the latest quarter. Revenues in 1Q2014 were $998 million compared to $897 in 1Q2013 and $1.0 billion in 4Q2013. Subscriber revenues — accounting for 85% of 1Q2014 revenues — grew by 9% Year on Year to reach $851 million. Subscriber numbers grew by 6% to reach 25.8 million at the end of 1Q2014 compared to 24.4 million in 1Q2013. Sirius XM Holdings Inc. (NASDAQ:SIRI) net profit margin is 12.00% and weekly performance is 1.50%. On last trading day company shares ended up $3.39. Analysts mean target price for the company is $4.25. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 4.84%.
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