Tag: General Electric

  • Tech Movers: Facebook (NASDAQ:FB), Sirius XM Holdings (NASDAQ:SIRI), Alcoa (NYSE:AA), General Electric (NYSE:GE)

    When Facebook Inc (NASDAQ:FB) announced its plans to acquire the popular messaging app Whatsapp in February, many in the tech world were shocked by the $19 billion price that Facebook was willing to spend in the largest acquisition in company history. At the same time, privacy groups were up in arms given the belief that Facebook Inc (NASDAQ:FB) would collect the (limited) user data that WhatsApp collects in order to use it for targeted ads. Facebook Inc (NASDAQ:FB) shares after opening at $57.60 moved to $60.31 on last trade day and at the end of the day closed at $58.53. Company price to sales ratio in past twelve months was calculated as 19.06 and price to cash ratio as 9.31. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 3.14%.

    Shares of Sirius XM Holdings (NASDAQ:SIRI) saw some unusual options trading activity on Friday. Stock investors bought 10,250 put options on the stock, American Banking News.com reports. This represents an increase of approximately 100% compared to the typical daily volume of 5,121 put options. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares advanced 1.94% in last trading session and ended the day on $3.16. SIRI return on equity ratio is recorded as 15.70% and its return on assets is 5.60%.Sirius XM Holdings Inc. (NASDAQ:SIRI) yearly performance is 2.60%.

    Equities research analysts at Jefferies Group boosted their price target on shares of Alcoa (NYSE:AA) from $10.00 to $12.50 in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. Jefferies Group’s price target suggests a potential downside of 1.57% from the stock’s previous close. Alcoa Inc (NYSE:AA) shares moved down -1.26% in last trading session and was closed at $12.54, while trading in range of $12.34 – 12.61. Alcoa Inc (NYSE:AA) year to date (YTD) performance is 18.30%.

    General Electric Company (NYSE:GE) has chosen Greater Cincinnati as the location for its new U.S. Global Operations Center, GE will be adding 1,400 much-needed jobs to the Ohio economy. It already employs 15,000 people in Ohio. General Electric Company (NYSE:GE) weekly performance is -2.27%. On last trading day company shares ended up $25.43. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is-0.04 %. Analysts mean target price for the company is $28.73.