On 3 JULY Weyerhaeuser Company (NYSE:WY) announced the preliminary results of its exchange offer for Weyerhaeuser common shares in connection with the split-off transaction of its homebuilding business, Weyerhaeuser Real Estate Company (“WRECO”). Weyerhaeuser Company (NYSE:WY) net profit margin is 6.80% and weekly performance is 1.59%. On last trading day company shares ended up $33.22. Analysts mean target price for the company is $33.30. Weyerhaeuser Company (NYSE:WY) distance from 50-day simple moving average (SMA50) is 7.93%.
On 26 JUNE Intel Corporation (NASDAQ:INTC) revealed that it has purchased a New Zealand based software producing company Performance Lab Ltd, for its further research and development in sports and exercise. No financial information has been disclosed in the deal, but will be revealed later or sooner. Intel Corporation (NASDAQ:INTC) shares advanced 0.52% in last trading session and ended the day on $31.14. INTC Gross Margin is 60.60% and its return on assets is 10.50%. Intel Corporation (NASDAQ:INTC) quarterly performance is 18.90%.
On 4 JULY Gilead Sciences, Inc. (NASDAQ:GILD) reported $1.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.85 by $0.63. The company had revenue of $5.00 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same quarter last year, the company posted $0.48 earnings per share. Gilead Sciences’s revenue was up 97.5% compared to the same quarter last year. On average, analysts predict that Gilead Sciences will post $6.28 earnings per share for the current fiscal year. Gilead Sciences, Inc. (NASDAQ:GILD) shares moved up 0.92% in last trading session and was closed at $87.90, while trading in range of $87.05 – $88.40. Gilead Sciences, Inc. (NASDAQ:GILD) year to date (YTD) performance is 17.04%.
On 27 JUNE Comcast Corporation (NASDAQ:CMCSA) said it will begin trading ex-dividend on June 30, 2014. A cash dividend payment of $0.225 per share is scheduled to be paid on July 23, 2014. Shareholders who purchased CMCSK stock prior to the ex-dividend date are eligible for the cash dividend payment. Comcast Corporation (NASDAQ:CMCSA) ended the last trading day at $54.90. Company weekly volatility is calculated as 1.01% and price to cash ratio as 26.18. Comcast Corporation (NASDAQ:CMCSA) showed a positive weekly performance of 2.85%.
On 9 JUNE Corning Incorporated (NYSE:GLW) reported revenue of $2.29 billion for 1Q14, increased 26.2% year over year from 1Q13 and 14.2% sequentially from 4Q13. The Display Technologies segment contributed 43% of total revenue, followed by Optical Communications contributing 25% of total revenue; Environmental Technologies contributing 12% of total revenue; Specialty Materials contributing 11% of total revenue; and Life Sciences contributing to 9% of total revenue. Corning Incorporated (NYSE:GLW) net profit margin is 21.10% and weekly performance is 2.67%. On last trading day company shares ended up $22.33. Analysts mean target price for the company is $22.06. Corning Incorporated (NYSE:GLW) distance from 50-day simple moving average (SMA50) is 5.01%.