The governors of Maryland and Delaware on Thursday sent a letter to Pfizer Inc. (NYSE:PFE) Chief Executive Officer Ian Read “expressing deep concerns” about the pharmaceutical company’s bid to acquire London-based AstraZeneca Plc. Pfizer Inc. (NYSE:PFE) net profit margin is 80.30% and weekly performance is -5.51%. On last trading day company shares ended up $29.17. Analysts mean target price for the company is $34.05. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -6.34%.
Bank of America (NYSE:BAC) announced it would have to reduce its capital amounts and ratios after discovering an error related to an accounting adjustment involved certain structured notes. Bank of America Corp (NYSE:BAC) shares advanced 0.88% in last trading session and ended the day on $14.93. BAC return on assets is 0.40%. Bank of America Corp (NYSE:BAC) quarterly performance is -10.49%.
Microsoft Corp. (NASDAQ:MSFT), the world’s largest software company, is getting into the smart watch race, a newly published patent application indicates. Microsoft Corporation (NASDAQ:MSFT) shares moved up 0.55% in last trading session and was closed at $39.64, while trading in range of $38.97 – $39.90. Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 6.76%.
International Business Machines Corp. (NYSE:IBM) and Robert Bosch GmbH recently collaborated to create a new engineering platform to competently and correctly develop smart, interconnected products for automobiles. The continuous engineering platform can rapidly scale to thousands of clients, partners, technicians and engineers, being built on IBM design tools and open standards. The platform will enable stakeholders from various industries to collaborate, thus meeting Bosch’s vision for quickly generating increasingly smarter vehicles. International Business Machines Corp. (NYSE:IBM) ended the last trading day at $188.91. Company weekly volatility is calculated as 1.24% and price to cash ratio as 19.70. International Business Machines Corp. (NYSE:IBM) showed a negative weekly performance of -1.82%.
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