International Business Machines Corp. (NYSE:IBM) unfairly changed its U.K. pension plan in a bid to reduce a deficit of 890 million pounds ($1.48 billion), a judge in London ruled, handing a victory to a group of employees who had opposed the move by the company. International Business Machines Corp. (NYSE:IBM) shares after opening at $193.12 moved to $193.97 on last trade day and at the end of the day closed at $191.77. Company price to sales ratio in past twelve months was calculated as 2.00 and price to cash ratio as 18.05. International Business Machines Corp. (NYSE:IBM) showed a positive weekly performance of 0.69%.
Conrad Clemson, vice president of business development at Cisco Systems Inc. (NASDAQ:CSCO), said that his company plans to be a good RDK partner, and that Cisco Cisco Systems Inc. (NASDAQ:CSCO) will have significant RDK code contributions to announce within the next 90 days. Cisco Systems, Inc. (NASDAQ:CSCO) shares fell -1.64% in last trading session and ended the day on $22.71. Cisco Systems, Inc. (NASDAQ:CSCO) return on equity ratio is recorded as 14.20% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 13.62%.
Big-cap tech companies are active in the business like Oracle Corporation (NASDAQ:ORCL) and Hewlett-Packard Company (NYSE:HPQ), it is the smaller niche players that have demonstrated the outstanding growth rates and dominated their specific areas. Oracle Corporation (NYSE:ORCL) shares moved down -0.67% in last trading session and was closed at $39.98, while trading in range of $39.66 – $40.73. Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 4.82%.
Salesforce.com (NYSE:CRM), which has been an awful stock, still has a $33 billion market cap (with financial statements that belong in the cloud because they are so damn confusing). salesforce.com, inc. (NYSE:CRM) weekly performance is -2.40%. On last trading day company shares ended up $54.41. salesforce.com, inc. (NYSE:CRM) distance from 50-day simple moving average (SMA50) is -9.78%. Analysts mean target price for the company is $70.47.
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