An International Business Machines Corp. (NYSE:IBM), shareholder withdrew a lawsuit claiming the company’s cooperation with a National Security Agency eavesdropping program caused a drop in its China sales. International Business Machines Corp. (NYSE:IBM), shares after opening at $191.05 moved to $191.49 on last trade day and at the end of the day closed at $191.26. Company price to sales ratio in past twelve months was calculated as 1.96 and price to cash ratio as 19.95. International Business Machines Corp. (NYSE:IBM), showed a negative weekly performance of 0.97%.
salesforce.com, inc. (NYSE:CRM), Director Craig Conway unloaded 1,600 shares of the stock on the open market in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $52.26, for a total transaction of $83,616.00. Following the completion of the sale, the director now directly owns 12,656 shares of the company’s stock, valued at approximately $661,403. salesforce.com, inc. (NYSE:CRM), shares advanced 2.31% in last trading session and ended the day on $53.65. salesforce.com, inc. (NYSE:CRM), return on equity ratio is recorded as -8.30% and its return on assets is -2.90%. salesforce.com, inc. (NYSE:CRM), yearly performance is 27.01%.
Verizon Communications Inc. (NYSE:VZ), has urged U.S. regulators not to restrict how much it can buy in next year’s auction of wireless spectrum, saying such a limit would subsidize the smallest national carriers and their foreign owners. Verizon Communications Inc. (NYSE:VZ), shares moved up 0.57% in last trading session and was closed at $47.39, while trading in range of $ 47.03 – 47.43. Verizon Communications Inc. (NYSE:VZ), year to date (YTD) performance is -1.44%.
On April 29, 2014, Sprint Corporation (NYSE:S), announced earnings results for the first quarter of its fiscal 2014 (1QFY14; ended March 31, 2014), before the opening bell, and beat consensus earnings estimates. Its stock is trading more than 5% higher, after being down about the same yesterday. Sprint Corporation (NYSE:S), weekly performance is 17.90%. On last trading day company shares ended up $8.76. Sprint Corporation (NYSE:S), distance from 50-day simple moving average (SMA50) is 0.57%. Analysts mean target Price for the company is $7.28.
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