Apple Inc. (NASDAQ:AAPL) shares swung higher Monday as investors remained upbeat on the US tech giant in the first day of trading after a 7-for-1 stock split. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 4.33%. On last trading day company shares ended up $93.70. Analysts mean target price for the company is $642.17. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 13.69%.
Merck & Co. will spend about $3.85 billion for Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) a small company developing hepatitis C medicines that, together with Merck’s experimental drugs, could produce lucrative combo therapies that quickly cure most patients with the blood-borne virus afflicting tens of millions. Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) shares advanced 229.05% in last trading session and ended the day on $23.79. IDIX return on assets is -120.10%. Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) quarterly performance is 241.81%.
In a disclosure filed to regulators late Friday, Carl Icahn said he and his affiliates have picked up a 9 percent stake in Family Dollar, Inc. (NYSE:FDO) a discount store, and plan to look for changes to boost the company’s value. Family Dollar’s stock jumped 13 percent. Family Dollar Stores, Inc. (NYSE:FDO) shares moved up 13.37% in last trading session and was closed at $68.62, while trading in range of $67.95 – $70.30. Family Dollar Stores, Inc. (NYSE:FDO) year to date (YTD) performance is 6.14%.
After being knocked around by Apple and Samsung for more than a decade, Sony Corp (ADR) (NYSE:SNE) is up against yet another tech rival, attempting to build the PlayStation 4 into an entertainment powerhouse and develop a virtual-reality headset for the gaming market. Sony Corp (ADR) (NYSE:SNE) ended the last trading day at $16.30. Company weekly volatility is calculated as 0.83% and price to cash ratio as 0.92.Sony Corp (ADR) (NYSE:SNE) showed a positive weekly performance of 0.06%.
After Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) Chinese handset maker Gionee Communication Equipment Co. Ltd has cautioned its customers against purchasing devices from e-commerce platforms and online shopping websites. On last trading day company shares ended up $24.85.
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