Apple Inc. (NASDAQ:AAPL)’s stock is still a “Buy” for analysts as Piper Jaffray’s Gene Munster remains optimistic in his latest note to the investors. Apple Inc. (NASDAQ:AAPL) shares after opening at $541.39 moved to $542.50 on last trade day and at the end of the day closed at $538.79. Company price to sales ratio in past twelve months was calculated as 2.76 and price to cash ratio as 11.81. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.25%.
Johnson & Johnson (JNJ) announced it has entered a multi-year agreement to be the Official Healthcare Partner of the USO. The announcement was made during a ceremony to mark the opening of the USO’s Warrior and Family Center at Bethesda, located on the campus of Naval Support Activity Bethesda, home of Walter Reed National Military Medical Center. “Johnson & Johnson is committed to improving the health and wellness of our servicemen and women and their families, and this unique facility will enable our soldiers to rehabilitate while surrounded by their loved ones,” said Alex Gorsky, Chairman and Chief Executive Officer of Johnson & Johnson. The Warrior and Family Center will serve as a getaway from hospital living for healing heroes being treated at Walter Reed, and their families. Johnson & Johnson (NYSE:JNJ) shares advanced 0.03% in last trading session and ended the day on $98.26. JNJ return on equity ratio is recorded as 19.70% and its return on assets is 10.90%. Johnson & Johnson (NYSE:JNJ) yearly performance is 22.76%.
March 31 (Reuters) – U.S. conglomerate General Electric is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros ($2.75 billion), as it retreats from the finance sector, sources close to the matter told Reuters. GE Money Bank, established in the Nordic market in 1993, is part of General Electric’s (GE) financial arm GE Capital, which is working with Bank of America Merrill Lynch to review its options, three sources said. GE and Bank of America declined to comment.General Electric Company (NYSE:GE) shares moved up 0.73% in last trading session and was closed at $26.23, while trading in range of $26.05-$26.25. General Electric Company (NYSE:GE) year to date performance is -5.61%.
In this context, President of Pfizer Inc. (NYSE:PFE) Consumer Healthcare, Paul Sturman, said that switching drugs from prescription to non prescription status at appropriate times helps improve access and empowers consumers to take responsibility of their own health. He said that this is an important strategy for Pfizer. He said that the approval of Nexium® 24HR by the FDA is a major achievement in the execution of Pfizer Inc. (NYSE:PFE)’s plan. He further said that the company is continuously working closely with AstraZeneca and other retail partners to make the drug Nexium® 24HR available to its consumers in the U.S. It will also be made available in some markets in Europe as well by the end of this year or by the beginning of the next year. Pfizer Inc. (NYSE:PFE) weekly performance is 0.93%. On last trading day company shares ended up $32.40. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average is 2.69%. Analysts mean target price for the company is $34.09.
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