Microsoft Corp. (NASDAQ:MSFT) and Voxx Electronics Corp. (formerly, Audiovox Electronics Corp.) announced a worldwide patent licensing agreement providing Voxx Electronics with broad coverage under Microsoft’s patent portfolio for devices running the Android OS, including rear-seat entertainment devices, tablets and other consumer devices. Microsoft Corporation (NASDAQ:MSFT) stock opened at $37.39 in last session, and closed at $37.62, while the day range of MSFT stock is $37.33 – $37.78. The stock showed a positive weekly performance of 2.90%.
General Electric Company (NYSE:GE)’s aircraft leasing division, the world’s largest, may add helicopters to its portfolio of rental assets amid rising competition in the market for financing commercial jetliners. General Electric Company (NYSE:GE) stock opened at $25.47, in last session and closed at $25.74, by gaining 1.18%. The 52 week range of GE is $21.11 – $28.09. Company’s market capitalization is $260.42billion.
Pharmaceutical giant Pfizer Inc. (NYSE:PFE), which has its largest worldwide research site in Groton, is the third best-performing company so far this year among the 30 bellwether stocks that comprise the Dow Jones Industrial Average. Pfizer Inc. (NYSE:PFE) stock advanced 0.76% and finished the last session at $31.94. The EPS of the stock remained 1.70. Company’s market capitalization is $207.01billion.
Exxon Mobil Corp. (NYSE:XOM) has reported the start of natural gas production at the Damar field off the east coast of Peninsular Malaysia. ExxonMobil subsidiary, ExxonMobil Exploration and Production Malaysia Inc., has a 50% interest in the project. Exxon Mobil Corporation (NYSE:XOM) stock opened the session at $91.81, and closed the session at $94.11. The 52 week range of the XOM stock remained $84.79 – $101.74 and the day range was $91.60 – $94.43.
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