According to Spherix, most of Cisco Systems, Inc. (NASDAQ:CSCO)’s $43 billion revenue in the past five years in the routers and switching business has been generated by infringing Spherix patents. Cisco Systems, Inc. (NASDAQ:CSCO) shares after opening at $22.09 moved to $22.54 on last trade day and at the end of the day closed at $22.33. Company price to sales ratio in past twelve months was calculated as 2.47 and price to cash ratio as 2.51. Cisco Systems, Inc. (NASDAQ:CSCO) showed a positive weekly performance of 3.19%.
Sirius XM Holdings (NASDAQ:SIRI) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has a $4.00 price objective on the stock. Barclays’ price target points to a potential upside of 28.00% from the company’s current price. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares advanced 0.96% in last trading session and ended the day on $3.15. SIRI return on equity ratio is recorded as 15.70% and its return on assets is 5.60%. Sirius XM Holdings Inc. (NASDAQ:SIRI) yearly performance is 2.44%.
Microsoft Corporation (NASDAQ:MSFT) yesterday scrapped a policy which allowed it to peek at Hotmail messages to plug leaks or investigate intellectual property theft. Microsoft Corporation (NASDAQ:MSFT) shares moved up 2.39% in last trading session and was closed at $40.30, while trading in range of $39.68 – $40.63. Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 8.54%.
Citigroup Inc. (NYSE:C) has failed the US Federal Reserve’s annual stress test, following which its capital plan has been rejected by the central bank. Citigroup Inc. (NYSE:C) weekly performance is -5.65%. On last trading day company shares ended up $47.25. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is -3.86%. Analysts mean target price for the company is $59.97.
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