A Facebook Inc (NASDAQ:FB) video uploaded by actor Tyrese Gibson suggests that Apple’s acquisition of Beats Electronics is imminent, The Next Web reports. Apple has been rumored to be acquiring Beats Electronics for $3.2B. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -7.18%. On last trading day company shares ended up $56.76. Analysts mean target price for the company is $ 77.76. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -10.36%.
Two Bank of America Corp (NYSE:BAC) liquefied natural gas traders will join Noble Group Ltd. (NOBL) in July, according to three people familiar with the situation, who asked not to be identified because the move hasn’t been announced. 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%.
Apple Hires Nokia Corporation (ADR) (NYSE:NOK) Lumia Image Quality Lead, Ari Partinen. It’s been a busy week for Apple news, with rumors swirling of a big Beats acquisition and its long-time PR chief stepping down. Apple also confirmed it acquired power efficient LED company, LuxVue. Nokia Corporation (ADR) (NYSE:NOK) shares moved up 0.14% in last trading session and was closed at $7.30, while trading in range of $7.26 – $7.40. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -9.99%.
Lawmakers expressed concern about Comcast Corporation (NASDAQ:CMCSA)’s proposed acquisition of Time Warner Cable Inc., questioning executives of the companies about a deal that would combine the nation’s two largest cable providers. Comcast Corporation (NASDAQ:CMCSA) ended the last trading day at $51.10. Company weekly volatility is calculated as 1.60% and price to cash ratio as 24.35. Comcast Corporation (NASDAQ:CMCSA) showed a negative weekly performance of -1.94%.
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