Reports say AT&T Inc. (NYSE:T) is in talks with DirecTV about buying the satellite broadcaster for $40 million. A person with knowledge about the conversations, who also asked for anonymity, said that there is no guarantee that the deal will be made, according to Dallas Morning News. AT&T Inc. (NYSE:T) shares after opening at $35.70 moved to $35.80 on last trade day and at the end of the day closed at $35.63. Company price to sales ratio in past twelve months was calculated as 1.42 and price to cash ratio as 51.21. AT&T Inc. (NYSE:T) showed a positive weekly performance of 3.31%.
EMC Corporation (NYSE:EMC) announced a new addition to the VNXe product line, an entry-level VNXe3200 storage array that starts out under $12,000. Available in Q2 of 2014, the new VNXe3200 is touted to be three times the performance of the previous VNXe models. It is designed to take advantage of new flash technology via the EMC FAST (Fully-Automated Storage Tiering) software which makes it well suited for virtual applications. EMC Corporation (NYSE:EMC) shares advanced 0.27% in last trading session and ended the day on $25.69. EMC return on equity ratio is recorded as 12.10% and its return on assets is 6.00%. EMC Corporation (NYSE:EMC) yearly performance is 14.08%.
The Nokia Corporation (ADR) (NYSE:NOK) India Employees Union has urged Tamil Nadu chief minister J Jayalalithaa to ensure job security for the employees at its handset manufacturing facility in Sriperumbudur near here. Nokia Corporation (ADR) (NYSE:NOK) shares moved down -1.34% in last trading session and was closed at $7.35, while trading in range of $7.34 – $7.45. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -9.37%.
As Banco Santander Brasil SA (ADR) (NYSE:BSBR) buys out shareholders from its Brazil bank, it will offer the shareholders about 5.8 percent stake in its Spanish business where performance track record is good. Banco Santander Brasil SA (ADR) (NYSE:BSBR) weekly performance is 16.40%. On last trading day company shares ended up $6.67. Banco Santander Brasil SA (ADR) (NYSE:BSBR) distance from 50-day simple moving average (SMA50) is 24.32%. Analysts mean target price for the company is $6.10.
Citigroup Inc. (NYSE:C) and Shearman & Sterling LLP will assess alternatives, also including a sale or spinoff of some businesses, said B/E, which has a market value of about $9.4 billion. Citigroup Inc. (NYSE:C) shares moved down -0.06% in last trading session and was closed at $47.73, while trading in range of $47.49 – $48.21. Citigroup Inc. (NYSE:C) year to date (YTD) performance is -8.37%.