Facebook Inc. (NASDAQ:FB) unveiled its mobile ad network yesterday at the F8 Developers conference in San Francisco. The Audience Network, which the mobile ad network is being called, will allow advertisers to target users across third-party apps using data provided by Facebook. Facebook Inc (NASDAQ:FB) shares after opening at $60.43 moved to $62.28 on last trade day and at the end of the day closed at $61.15 . Company price to sales ratio in past twelve months was calculated as 17.58 and price to cash ratio as 12.41. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 0.46%.
Bank of America Corp. (NYSE:BAC) said it made an “incorrect adjustment” on investments acquired along with Merrill Lynch five years ago. The result: The Federal Reserve told the bank to suspend plans to buy back shares and raise its dividend. Bank of America said it expected its capital deployment this year to be “less than previously proposed.” Bank of America Corp (NYSE:BAC) shares fell -0.33% in last trading session and ended the day on $15.09. BAC return on equity ratio is recorded as 3.90% and its return on assets is 0.40%. Bank of America Corp (NYSE:BAC) yearly performance is 24.61%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced that its subsidiary, Sirius XM Radio Inc., intends to offer $750 million of Senior Notes due 2024 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S of the Securities Act. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved up 0.79% in last trading session and was closed at $3.21 while trading in range of $3.17 – $3.23 – Sirius XM Holdings Inc. (NASDAQ:SIRI) year to date (YTD) performance is -7.88%.
Rite Aid Corporation (NYSE:RAD) $7.90 rising after the company reported a 5 percent gain in April comps. April front-end same store sales increased 4.7 percent, with 4.6 percent of the increase attributable to a shift in the timing of Easter, which fell on April 20 this year compared to March 31 last year. Pharmacy same store sales, which included an approximate 138 basis points negative impact from new generic introductions, increased 5.2 percent. Prescription count at comparable stores increased 2.3 percent over the prior-year period. Rite Aid Corporation (NYSE:RAD) weekly performance is 8.15%. On last trading day company shares ended up $7.70. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is 14.72%. Analysts mean target price for the company is $7.95.
Leave a Reply