Bank of America Corp. (NYSE:BAC) is cutting jobs across co-Chief Operating Officer Thomas Montag’s global trading and investment banking units, according to three people with direct knowledge of the decision. Bank of America Corp (NYSE:BAC) shares after opening at $17.16 moved to $17.49 on last trade day and at the end of the day closed at $17.44. Company price to sales ratio in past twelve months was calculated as 3.37 and price to cash ratio as 0.32. Bank of America Corp (NYSE:BAC) showed a positive weekly performance of 0.93%.
Facebook Inc. (NASDAQ:FB) game notifications are getting more detailed, slightly less annoying. Facebook Inc. (NASDAQ:FB) shares fell -1.37% in last trading session and ended the day on $68.24. FB return on equity ratio is recorded as 11.30% and its return on assets is 9.40%. Facebook Inc. (NASDAQ:FB) yearly performance is 157.02%.
A former employee of Microsoft Corp (NASDAQ:MSFT) is facing criminal charges after he allegedly passed trade secrets to a blogger in France, U.S. court documents showed. Microsoft Corporation (NASDAQ:MSFT) shares moved down -0.71% in last trading session and was closed at $39.27, while trading in range of $38.91 – $39.55. Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 5.76%.
Cisco Systems (NASDAQ:CSCO) EVP Pankaj Patel sold 11,955 shares of Cisco Systems stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $21.55, for a total transaction of $257,630.25. Following the completion of the transaction, the executive vice president now directly owns 657,497 shares in the company, valued at approximately $14,169,060. Cisco Systems, Inc. (NASDAQ:CSCO) weekly performance is -0.87%. On last trading day company shares ended up $21.63. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is -2.21%. Analysts mean target price for the company is $23.77.
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