The stock of National Bank of Greece (ADR) (NYSE:NBG) recently received an upgrade from equity analysts at Piraeus Securities given the improvement in the bank’s risk/return profile. The analysts upgraded the stock to an “outperform” rating from their previously assigned “neutral” rating. National Bank of Greece (ADR) (NYSE:NBG) net profit margin is 6.90% and weekly performance is 2.61%. On last trading day company shares ended up $3.93. Analysts mean target price for the company is $4.65. National Bank of Greece (ADR) (NYSE:NBG) distance from 50-day simple moving average is 1.03%.
Priceline Group Inc (NASDAQ:PCLN) and OpenTable, Inc. OPEN -0.02% announced that they have entered into a definitive agreement whereby The Priceline Group will acquire OpenTable for $103 per share in an all cash transaction valued at $2.6 billion. Priceline Group Inc (NASDAQ:PCLN) shares fell -0.83% in last trading session and ended the day on $1,206.83. PCLN Gross Margin is 85.70% and its return on assets is 19.00%. Priceline Group Inc (NASDAQ:PCLN) quarterly performance is -6.62%.
Panasonic, a leading provider of business telephone systems1, announced the new KX-NS1000, an advanced IP Business Telecommunications Server that is suited for a wide range of business customers. The new IP business telecommunications platform integrates with existing communication infrastructures to offer users a highly flexible, cost-effective solution capable of scaling and adapting to meet the changing needs of today’s fast-paced business environment. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) shares moved up 0.21% in last trading session and was closed at $12.20, while trading in range of $12.18-$12.26.
On June 10,2014 Mitsubishi Electric Corporation (ADR) (OTCMKTS:MIELY) announced that under a strategy to expand its successful particle therapy business in Japan into global markets, it has formed a medical system global marketing group at its Tokyo headquarters and a particle therapy medical group at Mitsubishi Electric Power Products, Inc. (MEPPI), a U.S.-based subsidiary. Mitsubishi Electric Corporation (ADR) (OTCMKTS:MIELY) ended the last trading day at $25.00.
Siemens AG (ADR) (OTCMKTS:SIEGY) and its partners, including Mitsubishi Heavy Industries Ltd, made a joint statement today revealing that they increased their bid for the energy business of Alstom SA. The improved offer is estimated at 14.6 billion euros (19.9 billion dollars). According to the joint statement, the cash component of the bid was raised by 1.2 billion euros (1.63 billion dollars) and reached 8.2 billion euros. Siemens AG (ADR) (OTCMKTS:SIEGY) On last trading day company shares ended up $135.70.