Qualcomm Inc (NASDAQ:QCOM) is in advanced talks to buy Israeli chipmaker Wilocity, financial news website TheMarker reported on Sunday. Qualcomm has proposed to acquire Wilocity, which makes fast speed chips, for around $300 million but the two sides have yet to agree to terms of all the provisions of the sale, TheMarker said. QUALCOMM, Inc. (NASDAQ:QCOM) net profit margin is 26.90% and weekly performance is -0.64%. On last trading day company shares ended up $79.50. Analysts mean target price for the company is $84.84. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 1.62%.
NRG Energy, Inc. (NYSE:NRG) and Unilever United States, Inc. announced the formation of a strategic partnership that revolutionizes the relationship between the energy and consumer products sectors, and further demonstrates the importance of collaboration to tackle global challenges. The partnership aligns with the Unilever Sustainable Living Plan, which is the company’s global blueprint for sustainable growth that aims to double the size of Unilever’s business while reducing the company’s environmental footprint and increasing its positive social impact. NRG Energy Inc (NYSE:NRG) shares fell -1.13% in last trading session and ended the day on $34.11. Gross Margin is 28.10% and its return on assets is -2.10%. NRG Energy Inc (NYSE:NRG) quarterly performance is 24.08%.
Consolidated Edison, Inc. (NYSE:ED) announced that Katherine Boden, vice president, Gas Operations of Consolidated Edison Company of New York, Inc. (CECONY), the principal subsidiary of Con Edison, and Scott Sanders, vice president and treasurer of Con Edison and CECONY, will speak at the 2014 AGA Financial Forum on Monday, May 19 at 3:15 p.m. Consolidated Edison, Inc. (NYSE:ED) shares moved down -2.11% in last trading session and was closed at $56.20, while trading in range of $56.11 – $57.99. Consolidated Edison, Inc. (NYSE:ED) year to date (YTD) performance is 2.86%.
Public Service Enterprise Group Inc. (NYSE:PEG) fell the most in more than two years after RBC Capital Markets cut the owner of New Jersey’s largest electricity utility to hold and said the sector is too expensive. Public Service fell 2.9 percent to $39.29 at 2:30 p.m. in New York, after dropping as much as 4.7 percent, the biggest intraday decline since August 2011. The 30-company Standard & Poor’s Utilities Index dropped the most intraday in 10 months. Public Service Enterprise Group Inc. (NYSE:PEG) ended the last trading day at $38.37. Company weekly volatility is calculated as 2.01% and price to cash ratio as 39.40. Public Service Enterprise Group Inc. (NYSE:PEG) showed a negative weekly performance of -1.34%.
On May 7, 2014, Duke Energy Corp (NYSE:DUK) announced first quarter 2014 adjusted diluted EPS of $1.17, compared to $1.02 for first quarter 2013, and a reported diluted net loss per share of 14 cents, compared to report diluted EPS of 89 cents for the same period last year. Regulated Utilities recognized first quarter 2014 adjusted segment income of $737 million, compared to $656 million in the first quarter 2013, an increase of $0.11 per share. Duke Energy Corp (NYSE:DUK) net profit margin is 10.80% and weekly performance is -1.21%. On last trading day company shares ended up $71.98. Analysts mean target price for the company is $76.18. Duke Energy Corp (NYSE:DUK) distance from 50-day simple moving average (SMA50) is 0.74%.