Facebook Inc (NASDAQ:FB) got Buy rating at Stifel Nicolaus. The firm raised FB’s price target from $72 to $82. Facebook Inc (NASDAQ:FB) stock performance was 4.03% in last session and finished the day at $71.57. Traded volume was 74,487,424 million shares in the last session and the average volume of the stock remained 64.51 million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.60%. Facebook Inc (NASDAQ:FB) stock opened at $71.88 in last session, and closed at $70.84, while the day range of FB stock is $70.25-$71.89.The stock showed a positive weekly performance of 2.76%.
Intel Corporation (NASDAQ:INTC)’s proposition for foundry is “premium pricing” in exchange for tech leadership – this can only work if they can deliver at least a one-year lead on each process node, since the cost of engaging with Intel is quite high given designs are not portable to any other foundry, in our view. We believe 14nm delay (process or foundry) may be a worry for prospective Intel customers, since 14nm was where Intel had a clear edge over Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), in our view. Intel still has some time to fix these issues, but we think the window of opportunity is shortening. Intel Corporation (NASDAQ:INTC) stock opened at $24.57, in last session and closed at $24.63, by gained 0.53%.The 52 week range was $20.75-$27.12.Company’s market capitalization is $122.46 billion.
Brisson joined Hockey Night in Canada Radio on Sirius XM Holdings Inc (NASDAQ:SIRI) hosts Rob Pizzo and David Amber Wednesday to talk about what fuelled Luongo’s trade to the Florida Panthers Tuesday. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock gained 0.14% and finished the last session at $3.56. The EPS of the stock remained 0.06. Company’s market capitalization is $21.65 billion.
Moody’s Investors Service has decided against raising its credit ratings on debt of Banamex, the Mexican subsidiary of Citigroup Inc (NYSE:C), because of the bank’s disclosure last week of losses on some $400 million on fraudulent loans to an oilfield services company. Positive credit trends at Banamex that on Feb. 12 prompted Moody’s to put the bank on review for an upgrade have “been offset by the more recent negative effects” of Banamex’s charge to 2013 earnings for the alleged fraud, the ratings services said in an announcement on Wednesday. Moody’s said it has confirmed its current ratings on Banamex and finished the review. Citigroup said on Friday that it discovered $400 million in fraudulent loans at Banamex and said employees may have been in on the crime. Citigroup Inc (NYSE:C) stock opened the session at $49.90, and closed the session at $49.70. The 52 week range of the C stock remained $41.60-$55.28 and the day range was $49.60-$50.19.
Leave a Reply