Nikkei reports that Apple Inc. (NASDAQ:AAPL) is negotiating with Renesas Electronics Corporation (TYO:6723). Renasas SP Drivers is actually a joint venture between Renasas Electronics, Sharp Corporation (TYO:6753) (OTCMKTS:SHCAY) and Powerchip. According to the report, Apple wants to buy all of Renesas Electronics’ 55% stake in the chip maker at a price of about 50 billion yen. Apple Inc. (NASDAQ:AAPL) shares after opening at $537.76 moved to $541.87 on last trade day and at the end of the day closed at $541.65. Company price to sales ratio in past twelve months was calculated as 2.78 and price to cash ratio as 11.87. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of 0.61%.
Mondelez International Inc. (NASDAQ:MDLZ) will hold its Annual Meeting of Shareholders at 9 a.m. CDT on Wednesday, May 21, 2014, at the North Shore Center for the Performing. Mondelez International Inc. (NASDAQ:MDLZ) shares advanced 0.78% in last trading session and ended the day on $34.82. Mondelez International Inc. (NASDAQ:MDLZ) return on equity ratio is recorded as 12.20% and its return on assets is 5.40%. Mondelez International Inc. (NASDAQ:MDLZ) yearly performance is 14.99%.
The car door security system of Tesla Motors Inc (NASDAQ:TSLA) is vulnerable to hackers, and they can use the same technique to access computers, according to a security researcher. Tesla Motors Inc. (NASDAQ:TSLA) shares moved up 4.09% in last trading session and was closed at $216.97, while trading in range of $ 208.58 – 218.16. Tesla Motors Inc. (NASDAQ:TSLA) year to date (YTD) performance is 44.23%.
The Coca-Cola Company (NYSE:KO) and other major soda companies have serious reasons to worry as carbonated beverage sales continue to decline in the U.S. with the rates increasing sharply year after year. The Coca-Cola Company. (NYSE:KO) weekly performance is -0.54%. On last trading day company shares ended up $38.41. The Coca-Cola Company. (NYSE:KO) distance from 50-day simple moving average (SMA50) is 0.79%. Analysts mean target Price for the company is $43.88.