Swiss pharmaceutical giant Novartis AG (ADR) (NYSE:NVS) announced a series of multibillion-dollar deals Tuesday with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally. Novartis AG (ADR) (NYSE:NVS) shares after opening at $84.71 moved to $85.50 on last trade day and at the end of the day closed at $85.46. Company price to sales ratio in past twelve months was calculated as 3.93 and price to cash ratio as 25.44. Novartis AG (ADR) (NYSE:NVS) showed a positive weekly performance of 3.37%.
GlaxoSmithKline plc (ADR) (NYSE:GSK) shares are leading the FTSE100 in the market open after the British drug maker revealed that it has sealed a multi-billion pound deal with Novartis to combine their consumer healthcare units. GlaxoSmithKline plc (ADR) (NYSE:GSK) shares advanced 1.16% in last trading session and ended the day on $53.12. GSK return on equity ratio is recorded as 114.20% and its return on assets is 17.70%. GlaxoSmithKline plc (ADR) (NYSE:GSK) yearly performance is 10.34%.
Zillow, Inc. (NASDAQ:Z) the leading real estate information marketplace, announced that online marketing and lead management software maker Boston Logic has joined Zillow® Tech Connect. Zillow Tech Connect allows technology companies to partner with Zillow to integrate their systems for the brokers and agents who use Zillow as a key component of their marketing efforts at no additional cost. Zillow Inc. (NASDAQ:Z) shares moved up 7.57% in last trading session and was closed at $103.00, while trading in range of $94.52 – $104.68. Zillow Inc. (NASDAQ:Z) year to date (YTD) performance is 26.02%.
Media reports released stated that SodaStream International Ltd. (NASDAQ:SODA) is involved in early discussions to sell a 10 to 16 percent stake in the company to a large strategic entity. Sodastream International Ltd (NASDAQ:SODA) weekly performance is 4.99%. On last trading day company shares ended up $40.64. Sodastream International Ltd (NASDAQ:SODA) distance from 50-day simple moving average (SMA50) is -0.48%. Analysts mean target price for the company is $44.29.
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