Facebook Inc (NASDAQ:FB) hopes to foster an ecosystem of applications for its network switch in much the same way it created third-party apps for its social network. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 2.05%. On last trading day company shares ended up $65.72. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 7.32%.
Micron Technology, Inc. (NASDAQ:MU) rose after the memory chipmaker reported better-than-expected quarterly results late Monday. Micron Technology, Inc. (NASDAQ:MU) shares advanced 3.97% in last trading session and ended the day on $32.50. MU Gross Margin is 29.70% and its return on assets is 15.40%. Micron Technology, Inc. (NASDAQ:MU) quarterly performance is 38.12%.
On June 23, 2014, The Southern Company (NYSE:SO) was honored by the Navy Reserve during a ceremony on June 20, at the Naval Station Norfolk in Norfolk, Va., for its exceptional support of America’s citizen sailors. The company was one of 39 civilian employers from across the nation that received this prestigious award. The Southern Company (NYSE:SO) shares moved down -0.07% in last trading session and was closed at $44.19, while trading in range of $44.13 – $44.69. The Southern Company (NYSE:SO) year to date (YTD) performance is 10.09%.
Meritor Inc (NYSE:MTOR)stock is down on news its subsidiary with ZF Friedrichshafen AG reached a settlement agreement with Eaton Corporation. Joint venture ZF Meritor will receive net proceeds of $209 million from the $500 million antitrust suit settlement. Meritor Inc (NYSE:MTOR) ended the last trading day at $12.93. Company weekly volatility is calculated as 3.78% and price to cash ratio as 5.43. Meritor Inc (NYSE:MTOR) showed a negative weekly performance of -9.39%.
IDEXX Laboratories (NASDAQ:IDXX) was upgraded by analysts at Canaccord Genuity from a hold rating to a buy rating. The firm currently has $148.00 price target on the stock, up from their previous price target of $116.00. IDEXX Laboratories, Inc. (NASDAQ:IDXX) shares moved down 1.33% in last trading session and was closed at $134.38, while trading in range of $134.16 – $136.13. IDEXX Laboratories, Inc. (NASDAQ:IDXX) year to date (YTD) performance is 26.33%.