Apple Inc. (NASDAQ:AAPL), is striking a new chord with a US$3 billion acquisition of Beats Electronics, a headphone and music streaming specialist that also brings the swagger of rapper Dr. Dre and recording impresario Jimmy Iovine. Apple Inc. (NASDAQ:AAPL), net profit margin is 21.40% and weekly performance is 3.19%. On last trading day company shares ended up $624.01. Analysts mean target price for the company is $628.33. Apple Inc. (NASDAQ:AAPL), distance from 50-day simple moving average (SMA50) is 11.79%.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), announced that it will provide an overview of the Company’s business at three upcoming investor conferences; The Jefferies Global Healthcare Conference in New York City. Timothy P. Clackson, Ph.D., president of research and development and chief scientific officer, will present on Wednesday, June 4 at 2:30 p.m. (ET). The William Blair Growth Stock Conference in Chicago. Timothy P. Clackson, Ph.D., president of research and development and chief scientific officer, will present on Tuesday, June 10 at 12:50 p.m. (CT). The Goldman Sachs 35th Annual Global Healthcare Conference in Rancho Palos Verdes, CA. Harvey J. Berger, M.D., chairman and chief executive officer, will present on Wednesday, June 11 at 2:40 p.m. (PT). Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), fell 1.85% in last trading session and ended the day on $6.37. ARIA, Gross Margin is 79.20% and its return on assets is -66.50%. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), quarterly performance is -25.50%.
Toll Brothers Inc (NYSE:TOL), reported second-quarter fiscal 2014 results before markets opened Wednesday. The luxury homebuilder reported quarterly diluted earnings per share (EPS) of $0.35 on revenues of $860.4 million. In the same period a year ago, Toll Brothers reported EPS of $0.14 on revenue of $516 million. Second-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.26 and $827.83 million in revenue. Toll Brothers Inc (NYSE:TOL), shares moved up 2.08% in last trading session and was closed at $36.38, while trading in range of $36.02 – 37.20. Toll Brothers Inc (NYSE:TOL), year to date (YTD) performance is -1.68%.
On May 27, 2014, The stock of National Bank of Greece (ADR) (NYSE:NBG), recently received an upgrade from equity analysts at Piraeus Securities given the improvement in the bank’s risk/return profile. The analysts upgraded the stock to an “outperform” rating from their previously assigned “neutral” rating. Analyst at Piraeus Securities, Natasha Roumantzi recent upgrade follows JP Morgan’s upgrade on the stock where analysts confirmed an “overweight” rating for National Bank of Greece. Previously, analysts at JP Morgan had assigned a “neutral” rating on the stock. National Bank of Greece (ADR) (NYSE:NBG), ended the last trading day at $3.44. Company weekly volatility is calculated as 3.72% and price to cash ratio as 0.74. National Bank of Greece (ADR) (NYSE:NBG), showed a positive weekly performance of 16.61%.
On May 27, 2014, Cerner Corporation (NASDAQ:CERN), announced that its board of directors approved an amendment to its stock repurchase program on May 23, 2014, at its regularly scheduled Board meeting, authorizing the repurchase of up to an additional $100 million of its common stock. This expands the $217 million repurchase program that was approved on Dec. 12, 2013, bringing the total to $317 million. The company plans to repurchase shares from time-to-time in the open market, by block purchase, or possibly through other transactions managed by broker-dealers. No time limit was set for completion of the program. Cerner Corporation (NASDAQ:CERN), net profit margin is 13.50% and weekly performance is 6.17%. On last trading day company shares ended up $54.53. Analysts mean target price for the company is $62.00. Cerner Corporation (NASDAQ:CERN), distance from 50-day simple moving average (SMA50) is 1.80%.