CBS Corporation (NYSE:CBS) said it plans to divest itself of the 81% stake in billboard-advertising company CBS Outdoor Americas Inc., which split off from the media giant earlier this year. The exchange offer, expected to be tax-free for participating shareholders in the U.S., is likely to be the final step in the separation of CBS Outdoor, which began trading as a stand-alone company in late March. CBS Corporation (NYSE:CBS) stock opened today at $62.00 and is currently trading at $62.36. The stock showed a positive weekly performance of 2.74%.
The Boeing Company (NYSE:BA)Business Jets (BBJ) today announced the order of a BBJ 777-300ER (Extended Range) airplane to an undisclosed customer. The Boeing Company (NYSE:BA) stock opened at $135.25, in current trading session and currently is at $133.94, by losing -2.44%. The 52 week range of $96.31 – $144.57. Company’s market capitalization is $97.64 billion.
Shares of Rambus Inc. (NASDAQ:RMBS) surged after the company, which says it develops technology to improve users’ experience of electronics, on Wednesday lifted guidance for second-quarter revenue. The company now expects sales to come in between $75 million and $77 million, higher than the initial forecast of between $69 million and $74 million. Rambus Inc. (NASDAQ:RMBS) stock opened the session at $13.00, and now is at $13.23. The 52 week range of the RMBS stock remained $7.95 – $12.76 and the day range was $12.80 – $13.35.
Amazon.com, Inc. (NASDAQ:AMZN) isn’t accepting pre-orders for Warner Bros. movies on its website, the latest of the online retailer’s contract feuds to spill into public view. Amazon.com, Inc. (NASDAQ:AMZN) stock is open at $336.00 and currently trading at $340.09. The EPS of the stock is 0.64. Company’s market capitalization is $156.68 billion.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) said Wednesday morning the FDA delayed its decision on the drug for three months as the regulator and the company work out post-marketing safety monitoring requirements. Orexigen Therapeutics, Inc. (NASDAQ:OREX) stock opened the session at $5.72, and now is at $5.74. The 52 week range of the OREX stock remained $4.59 – $7.84 and the day range was $5.45 – $5.89.