Apple Inc. (NASDAQ:AAPL) was the biggest drag on both the benchmark S&P 500 index and the Nasdaq 100 on news that it is close to paying a record USD 3.2 billion for Beats Electronics, an expensive foray into music streaming and headphone gear, two people with knowledge of the matter said. Some analysts questioned whether Beats, valued at USD 1 billion during its last funding round in September, was worth that price. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is -0.64%. On last trading day company shares ended up $585.54. Analysts mean target price for the company is $622.15. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 8.33%.
Rocket Fuel Inc. (NASDAQ:FUEL) , a leading provider of artificial intelligence (AI) advertising solutions for digital marketers, announced that company CEO George John will give a keynote address to members of the investment community at the Credit Suisse 3rd Annual Disruptive Technology Conference. Rocket Fuel Inc. (NASDAQ:FUEL) shares fell -21.50% in last trading session and ended the day on $21.83. FUEL gross Margin is 47.80% and its return on assets is -13.20%.Rocket Fuel Inc. (NASDAQ:FUEL) quarterly performance is -57.17%.
Ford Motor Company (NYSE:F) is recalling more than 750,000 vehicles, most of them Escape sport utility vehicles, in North America to address possible software and door-handle problems. The No. 2 U.S. automaker is recalling 692,487 Escape SUVs and C-Max hybrids from model years 2013 and 2014 for a potential software problem that could delay deployment of the side curtain rollover airbags in certain accidents. Ford Motor Company (NYSE:F) shares moved down -0.25% in last trading session and was closed at $15.77, while trading in range of $15.73 – $15.90. Ford Motor Company (NYSE:F) year to date (YTD) performance is 3.82%.
RadioShack Corporation (NYSE:RSH) previously announced that it was seeking consent from its lenders under the 2018 Credit Agreement and 2018 Term Loan to pursue a program to close up to 1,100 stores. The terms on which the lenders are currently willing to provide this consent are not acceptable to the Company. While the Company may continue to have discussions with its lenders regarding the proposed store closure program, the Company is continuing with a plan to close fewer stores and pursuing other cost reduction measures permitted under the existing terms of the 2018 Credit Agreement and 2018 Term Loan. RadioShack Corporation (NYSE:RSH) ended the last trading day at $1.33. Company weekly volatility is calculated as 7.34% and price to cash ratio as 0.76.RadioShack Corporation (NYSE:RSH) showed a negative weekly performance of -1.48%.
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