National Australia Bank Ltd. (ADR) (OTCMKTS:NABZY) one of Australia’s biggest banks has changed its cash rate prediction, now expecting no rate rise until late 2015. NAB’s Monthly Business Survey for April, out this morning, found businesses were shrugging off the Federal Government’s‘ ‘tough budget’ rhetoric, with confidence rising marginally. But NAB chief economist Alan Oster told The Courier-Mail that conditions were still volatile and mixed across industries with Tuesday’s Federal Budget expected to show a lower growth outlook for the country with fiscal headwinds. National Australia Bank Ltd. (ADR) (OTCMKTS:NABZY) on last trading day company shares ended up $15.54 .
AT&T Inc. (NYSE:T) ’s plan to buy U.S. satellite-TV provider DirecTV to fend off mounting competition at home means the carrier’s aspirations to expand in Europe by purchasing Vodafone Group Plc (VOD) may be off the table for now. That’s bad news for Vodafone shareholders who were banking on a takeover bid from the U.S. phone giant and will be left with ownership in a $98 billion U.K. company that’s in the middle of a turnaround plan. With potential buyers likely tied up with other deals, Vodafone will be on its own to build out its Internet infrastructure and restore revenue growth. AT&T Inc. (NYSE:T) shares advanced 0.36% in last trading session and ended the day on $36.52. Gross Margin is 59.80% and its return on assets is 6.60%. AT&T Inc. (NYSE:T) quarterly performance is 10.47%.
NVIDIA Corporation (NASDAQ:NVDA) has got in some deep mess with their GeForce GTX Titan Z as the launch of the card was planned for April 2014 yet the card hasn’t been launched in market as of yet. If that’s not enough, a review of the card leaked just a few days ago which showed lower performance than its much lower priced competitor, the Radeon R9 295X2. NVIDIA Corporation (NASDAQ:NVDA) shares moved down -0.55% in last trading session and was closed at $ 18.00 , while trading in range of $17.82 – $18.16. NVIDIA Corporation (NASDAQ:NVDA) year to date (YTD) performance is 12.85 %.
ARM Holdings plc (ADR) (NASDAQ:ARMH)‘s stock had its “buy” rating restated by stock analysts at Goldman Sachs in a report issued on Thursday, American Banking News reports. ARM Holdings plc (ADR) (NASDAQ:ARMH) ended the last trading day at $43.69. Company weekly volatility is calculated as 1.82% and price to cash ratio as 21.16. ARM Holdings plc (ADR) (NASDAQ:ARMH) showed a negative weekly performance of -3.62%.
Qualcomm Inc (NASDAQ:QCOM) announced that its wholly owned subsidiary, Qualcomm Technologies, Inc. (QTI), in collaboration with Sohu.com (NASDAQ: SOHU), a leading Chinese online media, search, gaming, community and mobile service, has conducted the first announced live public demonstration of LTE-TDD Broadcast in China, featuring High Efficiency Video Coding (HEVC) and Dynamic Adaptive Streaming Over HTTP (DASH) technologies. QUALCOMM, Inc. (NASDAQ:QCOM) net profit margin is 26.90% and weekly performance is 0.35%. On last trading day company shares ended up $79.78. Analysts mean target price for the company is $84.84. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 1.44%.