Tyson Foods, Inc. (NYSE:TSN) won the auction for Hillshire Brands Co, but it ended up paying hundreds of millions of dollars more than necessary to beat the next-best offer. Tyson Foods, Inc. (NYSE:TSN) net profit margin is 2.80% and weekly performance is -13.59%. On last trading day company shares ended up $37.50. Analysts mean target price for the company is $44.50. Tyson Foods, Inc. (NYSE:TSN) distance from 50-day simple moving average (SMA50) is -9.47%.
Netflix, Inc. (NASDAQ:NFLX) reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. Analysts expect that Netflix will post $4.15 EPS for the current fiscal year. Netflix, Inc. (NASDAQ:NFLX) shares fell -1.64% in last trading session and ended the day on $423.09. NFLX Gross Margin is 30.20% and its return on assets is 3.10%. Netflix, Inc. (NASDAQ:NFLX) quarterly performance is -3.83%.
Wal-Mart Stores, Inc. (NYSE:WMT) has named its Latin American head Fernando Madeira as CEO of Walmart.com, the e-commerce division of Wal-Mart Stores. Madeira was previously the president and CEO of Latin America for Walmart.com. Madeira will now be the head of Walmart.com for the U.S., Latin America, and other regions. Madeira will be replacing Joel Anderson. Wal-Mart Stores, Inc. (NYSE:WMT) shares moved down -0.26% in last trading session and was closed at $77.01, while trading in range of $76.70 – $77.76. Wal-Mart Stores, Inc. (NYSE:WMT) year to date (YTD) performance is -0.89%.
eBay Inc (NASDAQ:EBAY) announced that PayPal President David Marcus is leaving the company on June 27 to lead Facebook’s messaging products. eBay Inc (NASDAQ:EBAY) ended the last trading day at $49.58. Company weekly volatility is calculated as 1.89% and price to cash ratio as 8.03. eBay Inc (NASDAQ:EBAY) showed a negative weekly performance of -1.80%.
Nestle SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS:NSRGY) said it would acquire the full commercial rights in the US and Canada to Valeant’s Restylane, Perlane and Emervel and Dysport, a range of skin filler and toxin products. Nestle SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS:NSRGY) on last trading day company shares ended up $77.10.
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