Facebook Inc (NASDAQ:FB) rolled out a new service that it envisions will distribute ads across a network of mobile applications, opening the door to a new source of revenue for the Internet social network. Facebook Inc (NASDAQ:FB) shares after opening at $60.43 moved to $62.28 on last trade day and at the end of the day closed at $61.15 . Company price to sales ratio in past twelve months was calculated as 17.58 and price to cash ratio as 12.41. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 0.46%.
Bank of America Corp. (NYSE:BAC) the second-largest U.S. lender, cut its net exposure to Russia by 22 percent in the first quarter amid mounting tensions with Ukraine. Net country exposure to Russia fell to $5.2 billion as of March 31, Charlotte, North Carolina-based Bank of America said in its quarterly regulatory filing. The firm’s risk was concentrated in oil and gas companies and commercial banks, according to the filing. Bank of America Corp (NYSE:BAC) shares fell -0.33% in last trading session and ended the day on $15.09. BAC return on equity ratio is recorded as 3.90% and its return on assets is 0.40 %. Bank of America Corp (NYSE:BAC) yearly performance is 24.61%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced that Coldplay’s concert at the legendary Beacon Theatre in New York City on Monday, May 5 will air live exclusively on SiriusXM’s Alt Nation channel. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved up 0.79% in last trading session and was closed at $3.21 while trading in range of $3.17 – $3.23 – Sirius XM Holdings Inc. (NASDAQ:SIRI) year to date (YTD) performance is -7.88%.
Pfizer Inc. (NYSE:PFE)’s $106 billion bid for AstraZeneca Plc (AZN) faces increased resistance as the unwilling target’s chairman listed the reasons the offer was rejected and British lawmakers began efforts to block the buyout attempt. Pfizer Inc. (NYSE:PFE) weekly performance is 1.43%. On last trading day company shares ended up $31.15. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -1.35%. Analysts mean target price for the company is $34.09.
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