Facebook Inc (NASDAQ:FB) has plans to add advertising to its photo-sharing app, Instagram in Canada, Australia and the United Kingdom, in FY 2014. The company seeks to drive greater sales revenues from the mobile platform users. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 4.61%. On last trading day company shares ended up $65.77. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 9.19%.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) announced that the United States Food and Drug Administration (FDA) has informed the Company that the FDA intends to reassign the Prescription Drug User Fee Act (PDUFA) action date for the NB32 New Drug Application to June 11, 2014, one day beyond the original assignment. The FDA noted that due to an inadvertent administrative error, the Agency had miscalculated the originally assigned PDUFA date. Orexigen Therapeutics, Inc. (NASDAQ:OREX) shares advanced 1.49% in last trading session and ended the day on $6.81. OREX return on assets is -63.60%. Orexigen Therapeutics, Inc. (NASDAQ:OREX) quarterly performance is 0.29%.
Netflix, Inc. (NASDAQ:NFLX) investors were looking for a split. No, not a stock split. Rather, several large investors called for a split in the roles of chairman and CEO, titles currently held by Netflix founder Reed Hastings. Netflix, Inc. (NASDAQ:NFLX) shares moved up 1.23% in last trading session and was closed at $428.29, while trading in range of $425.02 – $436.04. Netflix, Inc. (NASDAQ:NFLX) year to date (YTD) performance is 16.33%.
Bank of America Corp (NYSE:BAC) said that gross profit margin is currently very high. It has increased from the same quarter the previous year. Bank of America Corp (NYSE:BAC) ended the last trading day at $15.92. Company weekly volatility is calculated as 1.40% and price to cash ratio as 0.27. Bank of America Corp (NYSE:BAC) showed a positive weekly performance of 4.67%.
On 9 JUNE Barclays PLC (ADR) (NYSE:BCS) announced the launch of a new Global Contingent Capital Index, a multi-currency benchmark measuring the performance of investment-grade and high-yield contingent capital (“CoCo”) securities. This standalone benchmark tracks the market of hybrid capital securities that do not qualify for other flagship Barclays Aggregate, High-Yield, Capital Securities, or Convertibles Indices. Barclays PLC (ADR) (NYSE:BCS) net profit margin is 2.30% . On last trading day company shares ended up $16.36. Analysts mean target price for the company is $20.77. Barclays PLC (ADR) (NYSE:BCS) distance from 50-day simple moving average (SMA50) is -0.58%.