Apple Inc. (NASDAQ:AAPL)’s iWatch could be cheaper than expected, according to Cowen & Co analyst Timothy Arcuri. The analyst believes that subsidies from health insurers would bring down the price of the wearable device, says a report from Investors.com. Apple Inc. (NASDAQ:AAPL) shares after opening at $521.90 moved to $522.16 on last trade day and at the end of the day closed at $521.68. Company price to sales ratio in past twelve months was calculated as 2.67 and price to cash ratio as 11.43. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of -0.34%.
Google Inc. (NASDAQ:GOOG) updated its terms of service on Monday, informing users that their incoming and outgoing emails are automatically analyzed by software to create targeted ads. Google Inc. (NASDAQ:GOOG) shares advanced 0.36% in last trading session and ended the day on $532.52.
Endurance Specialty Holdings Ltd. (NYSE:ENH) commented on Aspen Insurance Holdings Limited’s (NYSE:AHL) summary rejection of its proposal to acquire all of the common shares of Aspen for $3.2 billion, or $47.50 per Aspen share, with a combination of cash and Endurance common shares. Aspen Insurance Holdings Limited (NYSE:AHL) shares moved up 11.18% in last trading session and was closed at $43.77, while trading in range of $42.96 – $46.86. Aspen Insurance Holdings Limited (NYSE:AHL) year to date (YTD) performance is 6.44%.
Yahoo! Inc. (NASDAQ:YHOO) has struck a new deal with Vevo, a joint venture of Universal Music Group and Sony Music Entertainment and in which Google itself has a small stake, to bring thousands of its music videos, live concert events and other original music programming to its video channel Yahoo Screen, the companies said Monday. Yahoo! Inc. (NASDAQ:YHOO) weekly performance is 1.13%. On last trading day company shares ended up $33.44. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -9.63%. Analysts mean target price for the company is $40.83.