A U.S. appeals court will consider Apple Inc. (NASDAQ:AAPL) request to put off a July trial to determine how much the iPad maker must pay in damages to customers in more than two dozen states over e-book price fixing. Apple Inc. (NASDAQ:AAPL) shares after opening at $564.53 moved to $571.99 on last trade day and at the end of the day closed at $571.94. Company price to sales ratio in past twelve months was calculated as 2.93 and price to cash ratio as 12.53. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 8.95%.
Tech giant Microsoft Corporation (NASDAQ:MSFT) has announced that its acquisition of Nokia Devices has been finalized. All in all, the sale will cost Microsoft upwards of $7.2 billion, depending on potential purchase price adjustments. Microsoft Corporation (NASDAQ:MSFT) shares advanced 0.13% in last trading session and ended the day on $39.91. MSFT return on equity ratio is recorded as 28.30% and its return on assets is 15.90%. Microsoft Corporation (NASDAQ:MSFT) yearly performance is 28.62%.
Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) shares are up high after the company announced it had acquired intellectual Property Assets of United Technologies Corporation for transportation and storage of related fuel cell. Acquired assets consist 800 patents and patent applications with other patent licenses and invention disclosures. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) shares moved up 5.17% in last trading session and was closed at $4.17, while trading in range of $4.04 – $4.35. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) year to date (YTD) performance is 174.34%.
SunPower Corporation (NASDAQ:SPWR) reported its earnings for the first quarter of fiscal year 2014 (1QFY14, ended March 30, 2014) after the closing bell yesterday. The solar energy company reported non-GAAP revenues of $683.7 million reflecting a 19% year-over-year (YoY) gain, falling short of analysts’ estimates of $686.7 million by 0.4%. SunPower Corporation (NASDAQ:SPWR) weekly performance is 28.84%. On last trading day company shares ended up $34.18. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is 7.04%. Analysts mean target price for the company is $34.31.
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