Mike Lynch, the former chief executive officer and founder of Autonomy, the software maker acquired by Hewlett-Packard Company (NYSE:HPQ) for $11.1 billion in October 2011, once again defended the accounting practice of his former company in a letter to shareholders. Hewlett-Packard Company (NYSE:HPQ) shares after opening at $30.60 moved to $31.74 on last trade day and at the end of the day closed at $31.62. Company price to sales ratio in past twelve months was calculated as 0.54 and price to cash ratio as 3.73. Hewlett-Packard Company (NYSE:HPQ) showed a positive weekly performance of 6.86%.
Zacks reaffirmed their neutral rating on shares of Regions Financial Corp. (NYSE:RF) in a report issued on Tuesday, American Banking News.com reports. They currently have a $11.50 target price on the stock. Regions Financial Corporation (NYSE:RF) shares advanced 2.59% in last trading session and ended the day on $11.09. RF return on equity ratio is recorded as 7.20% and its return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) yearly performance is 35.41%.
KeyCorp (NYSE:KEY) has announced the dates of its first-quarter earnings, which is scheduled to take place on April 17′ 2014, before the opening of the market. The bank is slated to report its fourth quarter results on February 23, 2014. KeyCorp (NYSE:KEY) shares moved up 1.65% in last trading session and was closed at $14.20 while trading in range of $13.95 – $14.30. KeyCorp (NYSE:KEY) year to date (YTD) performance is 6.29%.
UnitedHealth Group (NYSE:UNH) Director William C. Ballard, Jr. unloaded 10,000 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $77.87, for a total transaction of $778,700.00. UnitedHealth Group Inc. (NYSE:UNH) weekly performance is 3.04%. On last trading day company shares ended up $79.96. UnitedHealth Group Inc. (NYSE:UNH) distance from 50-day simple moving average (SMA50) is 8.10%. Analysts mean target price for the company is $82.68.