During the last quarter of 2013, Apple Inc. (NASDAQ:AAPL) upped its share of the Chinese smartphone market to 7 percent on positive demand for the flagship iPhone 5s, but still trails other vendors with cheaper offerings. Apple Inc. (NASDAQ:AAPL) in last trading activity ended up at $545.99 with day range of $545.61 – $551.19. Company weekly performance is 3.21%.
Actavis, the world’s second largest generic drug maker by market value, is set to acquire drug company Forest Laboratories Inc. (NYSE:FRX) for $25 billion, it emerged on Tuesday, a further sign of consolidation in the global pharmaceutical industry. On Tuesday shares of Forest Laboratories, Inc. (NYSE:FRX) opened at $92.80 and closed at $91.04.
Investment analysts at Litchfield Hills Research raised their price objective on shares of Tesla Motors (NASDAQ:TSLA) from $188.00 to $222.00 in a note issued to investors on Tuesday, Analyst Ratings News reports. On last trading day Tesla Motors Inc (NASDAQ:TSLA) ended up 2.76% higher to close at $203.70 while trading in the range of $201.36 – $206.00. Its return on assets is -9.40% while return on investment (ROI) is -66.70%. Tesla Motors Inc (NASDAQ:TSLA) monthly performance is 19.14%.
BlackBerry Ltd (NASDAQ:BBRY) is holding another one of the BlackBerry Jam Direct Virtual Conferences next week on February 26th at 10:30AM ET. This one is focused on enterprise development and building cross platform applications. BlackBerry Ltd (NASDAQ:BBRY) has a market capitalization of 4.98 B and has 15.01% insider ownership. In last trading activity company’s stock closed at $9.46 while opening price was $9.36.