Exxon Mobil, Corporation (NYSE:XOM) the nation’s largest oil company, reported another dip in quarterly net income on Thursday as its production of both oil and natural gas declined. For the fourth consecutive quarter, the Texas-based multinational’s net income was lower than in the same three-month period of the prior year. Its first-quarter 2014 net income, $9.1 billion, was down 4% from the first quarter of 2013 – due partly to its global production declines of 5.6% for oil and 9.1% for natural gas. Domestically, it produced slightly more oil than a year ago but less natural gas. Exxon Mobil Corporation (NYSE:XOM) shares after opening at $101.96 moved to $102.39 on last trade day and at the end of the day closed at $101.41 . Company price to sales ratio in past twelve months was calculated as 1.04 and price to cash ratio as 94.12. Exxon Mobil Corporation (NYSE:XOM) showed a positive weekly performance of 1.40%.
Google Inc (NASDAQ:GOOGL) launched a series of productivity apps, Google Docs and Sheets, for the iPhone and iPad users so that they can manage their documents anywhere. Through these new apps the users can view, edit and create files offline and online. The company mentioned in its blog that new app, Slides will soon be released on in the store. Google Inc (NASDAQ:GOOGL) shares advanced 0.68% in last trading session and ended the day on $538.53. GOOGL return on equity ratio is recorded as 15.30% and its return on assets is 12.00%. Google Inc (NASDAQ:GOOGL) yearly performance is 31.15%.
Sony Corp (ADR) (NYSE:SNE) the maker of Xperia smartphones and PlayStation consoles, posted a loss wider than forecast as Chief Executive Officer Kazuo Hirai’s turnaround founders amid slumping consumer electronics sales. Sony Corp (ADR) (NYSE:SNE) shares moved down -2.72% in last trading session and was closed at $17.16 while trading in range of $16.76- $17.49 – Sony Corp (ADR) (NYSE:SNE) year to date (YTD) performance is -0.75%.
Intel Corporation (NASDAQ:INTC) will invest around $6 billion in upgrading its Israeli production plant, according to Israeli Economy Minister Naftali Bennett. Around 20 billion shekels will be invested in Israel, which is one of the biggest investments in the country’s history, and the plant will be the most advanced in the world, according to the minister. Intel Corporation (NASDAQ:INTC) weekly performance is -1.12%. On last trading day company shares ended up $26.45. Intel Corporation (NASDAQ:INTC) distance from 50-day simple moving average (SMA50) is 3.39%. Analysts mean target price for the company is $26.79.
Leave a Reply