Facebook Inc (NASDAQ:FB) said it is aiming to make more money off its international users, which make up the majority of members. Instagram ad sales will be a key part of Facebook Inc (NASDAQ:FB)’s mobile strategy, which now includes several applications such as Messenger and Paper, and messaging program WhatsApp Inc. after the US$19 billion acquisition closes. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -0.32%. On last trading day company shares ended up $62.88. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.46%.
Rite Aid Corporation (NYSE:RAD) reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.06. The company had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts predict that Rite Aid will post $0.35 earnings per share for the current fiscal year. Rite Aid Corporation (NYSE:RAD) shares fell -4.40% in last trading session and ended the day on $7.38. RAD Gross Margin is 28.70% and its return on assets is 3.10%. Rite Aid Corporation (NYSE:RAD) quarterly performance is 14.77%.
Intel Corporation (NASDAQ:INTC) has announced about a collaboration with ANSYS Simulation Solutions to forge custom-made ways to avail myriad reference flow model for EM, Power and Reliability-Sign-Off for its exquisite 14nm Tri-Gate product. Intel Corporation (NASDAQ:INTC) shares moved down -0.92% in last trading session and was closed at $27.91, while trading in range of $27.83 – $28.42. Intel Corporation (NASDAQ:INTC) year to date (YTD) performance is 9.45%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced its Q1-2014 operating and financial results. Quarterly revenues surged up by $998 million, increasing from its Q1-2013 estimate of $897, thus increasing by 11%, year-over-year. Sirius XM Holdings Inc. (NASDAQ:SIRI) ended the last trading day at $3.37. Company weekly volatility is calculated as 1.57% and price to cash ratio as 167.77. Sirius XM Holdings Inc. (NASDAQ:SIRI) showed a positive weekly performance of 2.74%.
General Electric Company (NYSE:GE) announced a quarterly dividend on Friday, June 6th. Stockholders of record on Monday, June 23rd will be paid a dividend of 0.22 per share on Friday, July 25th. This represents a $0.88 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Thursday, June 19th. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 2.27%. On last trading day company shares ended up $27.44. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 3.92%.