Sprint Corporation (NYSE:S) CEO Dan Hesse won’t comment on speculation his company is preparing to merge with T-Mobile, but he will say that having a third large U.S. mobile company that could rival the size of AT&T and Verizon would be a good thing. Sprint Corporation (NYSE:S) shares moved down -0.59% in last trading session and was closed at $8.41, while trading in range of $8.23-$8.56. Sprint Corporation (NYSE:S) year to date performance is -21.77%.
Merck & Co., Inc. (NYSE:MRK) wants to acquire Idenix for the Hepatitis C treatment it is developing, specifically, IDX21437, which Merck wants to use in combination with its own Hepatitis C pipeline.
Merck & Co., Inc. (NYSE:MRK) net profit margin is 14.00% and weekly performance is 1.17%. On last trading day company shares ended up $58.92. Analysts mean target price for the company is $59.44. Merck & Co., Inc. (NYSE:MRK) distance from 50-day simple moving average (SMA50) is 3.75%.
Much like apartments that advertise free utilities, development officials are holding out discounted electricity in hopes of landing the highly touted Tesla Motors Inc (NASDAQ:TSLA) battery factory that has five states competing. Nevada recently passed a state law that could discount electricity 30 percent for the project. Meanwhile, the San Antonio utility has a rarely used “economic development” rate that discounts power as much as 50 percent, which has helped that region land Toyota Motor Corp. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 11.22%. On last trading day company shares ended up $229.59. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 12.31%.
Plug Power Inc. (NASDAQ:PLUG) weekly performance is 15.66%. On last trading day company shares ended up $4.80. Analysts mean target price for the company is $4.88. Plug Power Inc. (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -1.65%.
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