Ericsson (ADR) (NASDAQ:ERIC) has appointed Elaine Weidman-Grunewald, Vice President and Head of Sustainability and Corporate Responsibility (CR) to Ericsson’s Global Leadership team, effective May 7, 2014. In addition, Weidman-Grunewald will also assume the role as Head of Ericsson Response, which will become part of Sustainability and Corporate Responsibility. Ericsson (ADR) (NASDAQ:ERIC) net profit margin is 5.90% and weekly performance is 2.65%. On last trading day company shares ended up $12.40. Analysts mean target price for the company is $14.08. Ericsson (ADR) (NASDAQ:ERIC) distance from 50-day simple moving average (SMA50) is -0.70%.
Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) announced its consolidated financial results for the fourth quarter and full year ended March 31, 2014 under International Financial Reporting Standards (IFRS). Consolidated revenues for Q4 FY14 at Rs. 34.8 billion, year-on-year growth of 4%.;EBITDA for Q4 FY14 of Rs. 7.9 billion, 23% of revenues. Q4 FY 13 included onetime settlement income of Rs. 1.2 billion received from Nordian Inc (formerly MDS Inc); Profit after tax for Q4 FY14 at Rs. 4.8 billion, 14% of revenues. Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) shares fell -0.25% in last trading session and ended the day on $40.66. Gross Margin is 55.60% and its return on assets is 14.40%. Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY) quarterly performance is -3.76%.
Tahoe Resources Inc. (NYSE:TAHO) reported financial results for the quarter ending March 31, 2014 and provided a production update for its Escobal silver mine in Guatemala. Net earnings for the quarter amounted to $24.8 million or $0.17 per share. Operating cash flow before changes in working capital was $44.7 million or $0.31 per share. Revenue of $89.9 million generated from concentrate sales at operating costs of $46.7 million resulted in earnings from mine operations of $43.1 million. Tahoe Resources Inc (NYSE:TAHO) shares moved down -2.30% in last trading session and was closed at $21.68, while trading in range of $21.63 – $22.10. Tahoe Resources Inc (NYSE:TAHO) year to date (YTD) performance is 30.29%.
Amgen, Inc. (NASDAQ:AMGN) announced voting results from the Company’s Annual Meeting of Stockholders, held in Westlake Village, Calif. Approximately 88 percent of outstanding shares were represented at the meeting. The director nominees David Baltimore, Frank J. Biondi, Jr., Robert A. Bradway, François de Carbonnel, Vance D. Coffman, Robert A. Eckert, Greg C. Garland, Rebecca M. Henderson, Frank C. Herringer, Tyler Jacks, Judith C. Pelham, and Ronald D. Sugar were each re-elected to Amgen’s Board of Directors. Each director received at least 90 percent of the votes cast “For.” Gilbert S. Omenn is retiring from the Board. With the re-election of all of the director nominees, and the retirement of Dr. Omenn, Amgen currently has 12 directors. Amgen, Inc. (NASDAQ:AMGN) ended the last trading day at $111.94. Company weekly volatility is calculated as 1.55% and price to cash ratio as 4.28. Amgen, Inc. (NASDAQ:AMGN) showed a positive weekly performance of 0.97%.
Takeda Pharmaceutical Co Ltd (ADR) (OTCMKTS:TKPYY) announced data from ELM PC4, a pivotal, international, double blind, randomised phase 3 trial showing that the investigational drug orteronel plus prednisone reduced the risk of radiographic progress ion free survival (rPFS), one of the study’s two primary endpoints, by 30 per cent compared to placebo plus prednisone in men with chemotherapy naïve metastatic castration resistant prostate cancer (mCRPC). Takeda Pharmaceutical Co Ltd (ADR) (OTCMKTS:TKPYY) On last trading day company shares ended up $22.30 .