Baupost Group LLC, the Boston-based hedge-fund firm run by Seth Klarman, sold its stake in Oracle Corp. (NYSE:ORCL) and trimmed its holdings of Micron Technology Inc. (MU:US) in the fourth quarter. Oracle Corporation (NYSE:ORCL) stock opened at $38.33 in last session, and closed at $37.98, while the day range of ORCL stock is $37.92 – $38.33. The stock showed a positive weekly performance of 2.12%.
Adobe Systems Incorporated (NASDAQ:ADBE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Bank of America in a research note issued to investors. Adobe Systems Incorporated (NASDAQ:ADBE) stock opened at $67.48, in last session and closed at $68.34, by gaining 1.94%. The 52 week range of ADBE is $38.09 – $68.49. Company’s market capitalization is $33.94 billion.
Carl Icahn reported slightly higher holdings in Nuance Communications Inc. (NASDAQ:NUAN), a provider of voice and language solutions for businesses and consumers, as of December 31, 2013, according to a regulatory filing Friday. Nuance Communications Inc. (NASDAQ:NUAN) stock decreased -0.54% and finished the last session at $14.81. The EPS of the stock remained -0.47. Company’s market capitalization is $4.70 billion.
Companies including Netflix Inc., Aetna Inc., Dell Inc. and Salesforce.com Inc. (NYSE:CRM) have joined an industry consortium that’s trying to standardize online authentication. salesforce.com, inc. (NYSE:CRM) stock opened the session at $63.47, and closed the session at $62.80. The 52 week range of the CRM stock remained $36.09 – $63.54 and the day range was $62.40 – $63.54.