Apple Inc. (NASDAQ:AAPL) is planning to acquire stake in Japan-based Renesas Electronics Corporation’s subsidiary, Renesas SP Drivers, which produces display-related chips for smartphones and tablets. Apple Inc. (NASDAQ:AAPL) shares after opening at $542.38 moved to $543.48 on last trade day and at the end of the day closed at $542.55. Company price to sales ratio in past twelve months was calculated as 2.78 and price to cash ratio as 11.89. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.51%.
Senators accused General Motors Company (NYSE:GM) of “criminal deception” over a decade-long ignition problem linked to 13 deaths, as the US automaker’s boss faced a second straight day of congressional anger. General Motors Company (NYSE:GM) shares advanced 1.57% in last trading session and ended the day on $34.88. GM return on equity ratio is recorded as 24.60% and its return on assets is 4.70%. General Motors Company (NYSE:GM) yearly performance is 26.56%.
MannKind Corporation(NASDAQ:MNKD) can breathe a little easier now that the U.S. Food and Drug Administration (FDA) has approved the drug Afrezza to the general market on Tuesday, which may have saved the company from sinking. MannKind Corporation (NASDAQ:MNKD) shares moved up 73.88% in last trading session and was closed at $6.99, while trading in range of $6.83 – $8.08. MannKind Corporation (NASDAQ:MNKD) year to date (YTD) performance is 34.42%.
Silicon Valley’s Tesla Motors Inc. (NASDAQ:TSLA) sold 1,493 Model S sedans in March alone to a country that numbers just over five million denizens. This despite the fact that Tesla’s CEO Elon Musk was forced to apologize just last month to Norwegian consumers for a Tesla adapter that didn’t properly interact with the Norwegian grid for charging. Tesla Motors Inc. (NASDAQ:TSLA) weekly performance is 8.14%. On last trading day company shares ended up $230.29. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is 8.36%. Analysts mean target price for the company is $227.18.
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