Apple Inc. (NASDAQ:AAPL) issued $12-B of USD-denominated bonds Tuesday as seeks to reward shareholders locked in a cheaper alternative than overseas cash that is subject to repatriation taxes. The sale included $2.5-B of 3.45%, 10-yr Notes that pay 77 bpts, or 0.77% more than similar-maturity Treasurys. The spread was narrower than the approximately 90 bpts that was expected earlier in the day. Apple Inc. (NASDAQ:AAPL) shares after opening at $593.74 moved to $595.98 on last trade day and at the end of the day closed at $593.22. Company price to sales ratio in past twelve months was calculated as 2.90 and price to cash ratio as 12.34. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 11.40%.
Comcast Corporation (NASDAQ: CMCSA) and Charter Communications (NASDAQ: CHTR) announced that the companies have reached an agreement (the “Agreement”) on a series of tax-efficient transactions, whereby the combined Comcast-Time Warner Cable entity, following completion of Comcast’s previously announced merger with Time Warner Cable, will divest systems resulting in a net reduction of approximately 3.9 million video customers. Comcast Corporation (NASDAQ:CMCSA) shares fell -0.29% in last trading session and ended the day on $51.55. CMCSA return on equity ratio is recorded as 14.40% and its return on assets is 4.60%. Comcast Corporation (NASDAQ:CMCSA) yearly performance is 26.41%.
Shares of Walt Disney Co. (NYSE:DIS) declined -0.5% after the company reported that is not in active meetings to buy social news and entertainment website BuzzFeed, Chief Executive Officer Bob Iger told CNBC in an interview late Monday. When asked regarding a Fortune report that Disney was in meetings earlier this year to purchase BuzzFeed, Iger stated that the only thing that I will say is we had some conversations with BuzzFeed months back, there’s nothing active right now.” While Iger spoke greatly of BuzzFeed and that media space, the firm ended up purchasing Maker Studios last month for $500 million. The Walt Disney Company (NYSE:DIS) shares moved up 1.11% in last trading session and was closed at $78.64, while trading in range of $ 77.74 – 78.68. The Walt Disney Company (NYSE:DIS) year to date (YTD) performance is 2.93%.
Sirius XM Holdings Inc.(NASDAQ:SIRI) said it will offer the most comprehensive radio coverage available for the 2014 NBA Playoffs, featuring live play-by-play of every game, plus special programming on SiriusXM NBA Radio, channel 217. During the playoffs, subscribers will get live play-by-play broadcasts of every postseason game through the Finals on their satellite radios, through the SiriusXM Internet Radio App and at SiriusXM.com. Those listening through the app and online can also choose between the home and visiting team broadcasts for every game. Sirius XM Holdings Inc.(NASDAQ:SIRI) weekly performance is 3.07%. On last trading day company shares ended up $-4.06. Sirius XM Holdings Inc.(NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is -8.03%. Analysts mean target price for the company is $4.37.