Bank of America Corp. (NYSE:BAC) announced an adjustment to its regulatory capital numbers Monday and as a result the Fed has forced the bank to suspend its dividend increase and share repurchase plan. Bank of America Corp (NYSE:BAC) shares after opening at $15.04 moved to $15.30 on last trade day and at the end of the day closed at $15.24. Company price to sales ratio in past twelve months was calculated as 2.98 and price to cash ratio as 0.26. Bank of America Corp (NYSE:BAC) showed a negative weekly performance of -6.45%.
AstraZeneca’s plc (ADR) (NYSE:AZN) shares soared 12.16% after a statement was released by Pfizer (PFE) confirming that it had discussions with the former regarding a possible merger. Pfizer confirmed that in Jan 2014, it had submitted a preliminary, non-binding and conditional proposal regarding a possible offer for AstraZeneca. AstraZeneca plc (ADR) (NYSE:AZN) shares advanced 0.13% in last trading session and ended the day on $77.1. AZN return on equity ratio is recorded as 19.10% and its return on assets is 8.10 %. AstraZeneca plc (ADR) (NYSE:AZN) yearly performance is 54.75%.
Barclays upped their price target on shares of Zynga Inc (NASDAQ:ZNGA) from $4.50 to $5.00 in a research note issued on Thursday, AnalystRatingsNetwork reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target would indicate a potential upside of 22.55% from the stock’s previous close. Zynga Inc (NASDAQ:ZNGA) shares moved upown 1.28 % in last trading session and was closed at $3.95 while trading in range of $3.82 – $4.00 – Zynga Inc (NASDAQ:ZNGA) year to date (YTD) performance is 3.95%.
Newmont Mining Corporation (NYSE:NEM) released results of the Company’s Annual Meeting of Stockholders held on April 23, 2014. The following matters were voted upon at the meeting: (1) the election of Directors; (2) the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for 2014; (3) the advisory vote on the compensation of the Named Executive Officers; and (4) a stockholder proposal regarding additional disclosure on political spending. Newmont Mining Corp weekly performance is -0.08%. On last trading day company shares ended up $ 25.02. Newmont Mining Corp (NYSE:NEM) distance from 50-day simple moving average (SMA50) is 2.91%. Analysts mean target price for the company is $25.86.
Sohu.com Inc (NASDAQ:SOHU): the registrant announced its unaudited financial results for the first quarter ended March 31, 2014. Sohu.com Inc (NASDAQ:SOHU) shares after opening at $ 54.01 moved to $55.93 on last trade day and at the end of the day closed at $55.62 . Company price to sales ratio in past twelve months was calculated as 1.52 and price to cash ratio as 1.56. Sohu.com Inc (NASDAQ:SOHU) showed a negative weekly performance of -11.55%.
Sprint Corporation (NYSE:S) announced a partnership with Taiwanese handset maker HTC, the global music service Spotify and audio company Harman on a custom version of the HTC One flagship targeted at for music lovers. The device, called the HTC One (M8) Harman Kardon edition, is a Sprint exclusive. It will be available at www.sprint.com starting May 2 and will hit Sprint retail stores a week later. Sprint Corporation (NYSE:S) shares advanced 11.31% in last trading session and ended the day on $8.27. S return on equity ratio is recorded as -12.80% and its return on assets is -4.10%. Sprint Corporation (NYSE:S) yearly performance is 16.15%.
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