Verizon Communications Inc. (NYSE:VZ) has announced that it is enhancing 4G Long Term Evolution (:LTE) network coverage in Shapleigh, Maine. The company said customers in this area can now use 4G compatible devices to experience 4G services that offer 10 times faster speed than 3G networks. Verizon Communications Inc. (NYSE:VZ) shares after opening at $47.71 moved to $48.46 on last trade day and at the end of the day closed at $47.47. Company price to sales ratio in past twelve months was calculated as 1.63 and price to cash ratio as 3.63. Verizon Communications Inc. (NYSE:VZ) showed a negative weekly performance of -0.25%.
Equities research analysts at UBS AG hoisted their price target on shares of Regions Financial (NYSE:RF) from $10.50 to $11.00 in a research note issued to investors on Tuesday, American Banking & Market News reports. Regions Financial Corporation (NYSE:RF) shares fell -3.74% in last trading session and ended the day on $10.29. RF return on equity ratio is recorded as 7.20 % and its return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) yearly performance is 26.72%.
Oracle Corporation (NYSE:ORCL) introduced Oracle Mobile Authenticator, a token-based authentication application that enables organizations to cost-effectively provide strong authentication and prevent unauthorized access to vital company and customer data. Oracle Corporation (NYSE:ORCL) shares moved down -2.67% in last trading session and was closed at $39.79 while trading in range of $39.48 -$41.05 – Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 4.63%.
Bank of America Corporation (NYSE:BAC) reached a settlement with US regulators yesterday, over allegations that it misled more than a million customers into buying credit card protection products they did not need. Under the terms of the settlement, the financial giant will pay a total of $772 million in penalties, of which $45 million will be paid in fines, while $727 million will be refunded to customers. Bank of America Corp (NYSE:BAC) weekly performance is -6.01%. On last trading day company shares ended up $16.12. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is -4.39%. Analysts mean target price for the company is $17.54.
Leave a Reply