Apple Inc. (NASDAQ:AAPL) reportedly has a number of products lined up for release this year. Apple Inc. (NASDAQ:AAPL) shares after opening at $530.68 moved to $532.24 on last trade day and at the end of the day closed at $523.48. Company price to sales ratio in past twelve months was calculated as 2.68 and price to cash ratio as 11.47. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of -2.84%.
PepsiCo (NYSE:PEP) is partnering with Senomyx, an American biotechnology company, as the two parties plan to collaborate on Senomyx’s Salt Taste Program. Senomyx announced the new partnership on Wednesday via PR Newswire and explained that under the new agreement, Pepsi will provide research funding for the Salt Taste Program for 2014 and in return, earn non-exclusive rights to salt flavor modifiers discovered during the research funding period. Senomyx will also have the right to supply these flavor ingredients directly to Pepsi. PepsiCo, Inc. (NYSE:PEP) shares fell -0.35% in last trading session and ended the day on $83.62. PEP return on equity ratio is recorded as 29.40% and its return on assets is 8.80%. PepsiCo, Inc. (NYSE:PEP) yearly performance is 7.54%.
Altria Group Inc. (NYSE:MO), a manufacturer and marketer of cigarettes and smokeless products, announced the acquisition of Green Smoke Inc. Altria Group Inc. (NYSE:MO) shares moved down -0.84% in last trading session and was closed at $37.82, while trading in range of $37.76 – $38.56. Altria Group Inc. (NYSE:MO) year to date (YTD) performance is -0.18%.
Tesla Motors Inc. (NASDAQ:TSLA) will start selling its Model S sedans in China this month. The electric vehicle maker’s co-founder and CEO Elon Musk will fly to the world’s most populous country to kick off the effort. Tesla’s VP of marketing and communications Simon Sproule said in a Bloomberg Television interview that Elon Musk will personally make the “first customer deliveries.” Tesla Motors Inc. (NASDAQ:TSLA) weekly performance is -9.41%. On last trading day company shares ended up $204.19. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -6.12%. Analysts mean target price for the company is $227.42.
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