The jury deciding Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. (005930)’s $2 billion patent-infringement case asked the judge for additional evidence about whether Google Inc. was mentioned when Steve Jobs, the iPhone maker’s co-founder, decided to sue. Apple Inc. (NASDAQ:AAPL) shares after opening at $592.64 moved to $599.43 on last trade day and at the end of the day closed at $590.09. Company price to sales ratio in past twelve months was calculated as 2.89 and price to cash ratio as 12.29. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 12.45%.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Pepco Holdings, Inc. (NYSE:POM) to Exelon Corporation (EXC). Under the terms of the proposed transaction, shareholders of Pepco will receive only $27.25 in cash for each share of Pepco common stock that they own. Pepco Holdings, Inc. (NYSE:POM) shares advanced 17.42% in last trading session and ended the day on $26.76. POM return on equity ratio is recorded as -15.00% and its return on assets is -4.30%. Pepco Holdings, Inc. (NYSE:POM) yearly performance is 25.16%.
Former American International Group Inc. (NYSE:AIG) Chairman Maurice Greenberg lost his bid for a jury trial in a nine-year-old accounting fraud lawsuit brought by New York’s attorney general. American International Group Inc (NYSE:AIG) shares moved up 0.61% in last trading session and was closed at $53.13 while trading in range of $52.38 – $53.20 – American International Group Inc (NYSE:AIG) year to date (YTD) performance is 4.32%.
RF Micro Devices, Inc. (NASDAQ:RFMD) a global leader in the design and manufacture of high-performance radio frequency solutions, reported financial results for the Company’s fiscal 2014 fourth quarter, ended March 29, 2014. RF Micro Devices, Inc. (NASDAQ:RFMD) weekly performance is 6.16%. On last trading day company shares ended up $8.44. RF Micro Devices, Inc. (NASDAQ:RFMD) distance from 50-day simple moving average (SMA50) is 12.14%. Analysts mean target price for the company is $8.63.