Europe’s second-highest court will rule next month on U.S. chipmaker Intel Corp (NASDAQ:INTC) challenge to a record 1.06-billion-euro ($1.47 billion) fine levied by EU antitrust regulators five years ago, a court official said on Tuesday. The penalty, which represented 4.15 percent of Intel’s 2008 turnover versus a possible maximum of 10 percent, came after an eight-year investigation by the European Commission which decided Intel had engaged in anti-competitive practices to block a rival. Intel Corporation (NASDAQ:INTC) shares after opening at $26.16 moved to $26.38 on last trade day and at the end of the day closed at $26.20. Company price to sales ratio in past twelve months was calculated as 2.47 and price to cash ratio as 6.85. Intel Corporation (NASDAQ:INTC) showed a negative weekly performance of -0.19%.
On May 1, 2014, the Board of Directors of Verizon Communications Inc. (NYSE:VZ) amended the Company’s Bylaws effective on that date to change the reference to “presiding director” in Section 4.08 of the Bylaws to “lead director.” Verizon Communications Inc. (NYSE:VZ) shares advanced 0.17% in last trading session and ended the day on $47.47. VZ return on equity ratio is recorded as 44.80% and its return on assets is 5.40%. Verizon Communications Inc. (NYSE:VZ) yearly performance is -4.77%.
Walt Disney Co. (NYSE:DIS) reported a 27% increase in net income for its fiscal second quarter, lifted by the strong performance of its film studio. The Burbank Company posted net income of $1.917 billion for the quarter that ended March 29, up from $1.513 billion a year earlier. Revenue rose 10% to $11.649 billion. The Walt Disney Company (NYSE:DIS) shares moved down -0.23% in last trading session and was closed at $81.03, while trading in range of $80.80 – $81.63. The Walt Disney Company (NYSE:DIS) year to date (YTD) performance is 6.06%.
Vodafone Group Plc (NASDAQ:VOD) is now reportedly offering 4G roaming services to its British customers traveling to Spain, Italy and Portugal. The company began 4G roaming services last year in Greece for its customers in UK and since then, has been fast expanding this service to various other European countries. Vodafone Group Plc (ADR) (NASDAQ:VOD) weekly performance is 1.20%. On last trading day company shares ended up $37.96. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average (SMA50) is 0.97%. Analysts mean target price for the company is $65.70.
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