Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ; LSE: VZC) announced the expiration and final results of its previously announced private offer to exchange (the “Exchange Offer”) up to all of Cellco Partnership’s and Verizon Wireless Capital LLC’s £600,000,000 outstanding aggregate principal amount of 8.875% Notes due December 18, 2018 (the “Existing Notes”) for Verizon’s new sterling-denominated 4.073% notes due 2024 (the “New Notes”) and an amount of cash. Verizon Communications Inc. (NYSE:VZ) net profit margin is 11.10% and weekly performance is -0.53%. On last trading day company shares ended up $49.21. Analysts mean target price for the company is $53.81. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average is 1.39%.
General Electric Company (GE) seems to have won the bidding war against rivals Siemens AG (ADR) (SIEGY) and Mitsubishi Heavy IND (MHVYF) for the French company Alstom SA (ALO). Alstom is in the business of building transport and energy infrastructure. The company offers power generation solutions, provides rail transport products and services, and develops and implements rail control systems. According to latest reports, GE is expected to acquire Alstom after the French government’s announcement of backing the US company and buying a 20% stake in Alstom. The French Government has already secured the option to buy 20% stake in Alstom from Boygues. General Electric Company (NYSE:GE) shares fell -0.49% in last trading session and ended the day on $26.29. GE Gross Margin is 39.80% and its return on assets is 1.90%. General Electric Company (NYSE:GE) quarterly performance is 2.70%.
Pfizer (NYSE:PFE) announced a quarterly dividend on Thursday, June 26th. Shareholders of record on Friday, August 1st will be paid a dividend of 0.26 per share on Wednesday, September 3rd. This represents a $1.04 annualized dividend and a dividend yield of 3.49%. Pfizer Inc. (NYSE:PFE) shares moved down -0.70% in last trading session and was closed at $29.59, while trading in range of $29.48-$29.79. Pfizer Inc. (NYSE:PFE) year to date performance is -1.73%.
United Technologies Corporation (NYSE:UTX) won a $1.28 billion contract from the U.S. Air Force for combat rescue helicopters that will replace an aging fleet. United Technologies Corporation (NYSE:UTX) ended the last trading day at $115.75. Company weekly volatility is calculated as 0.96% and price to cash ratio as 23.70. United Technologies Corporation (NYSE:UTX) showed a negative weekly performance of -1.56%.
On 10 Jun 2014 International Business Machines Corp. (NYSE:IBM)announced that it will team with Epic, the market-leading provider of electronic health records (EHR), to compete for the Department of Defense Healthcare Management Systems Modernization (DHMSM) contract. With 9.7 million beneficiaries, including active duty, retirees and their dependents, DHMSM will replace and modernize the Military Health System (MHS) clinical systems. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is -1.34%. On last trading day company shares ended up $180.37. Analysts mean target price for the company is $191.89. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average is -3.59%.