Despite Bank of America Corp (NYSE:BAC) CEO Brian Moynihan’s determination to put the bank’s mortgage morass behind it, the latest settlement negotiations with U.S. regulators have come to a screeching halt. Worse yet, according to a report by the New York Times, the two sides seem quite far apart, and the stalemate may continue indefinitely. Bank of America Corp (NYSE:BAC) net profit margin is 15.70% and weekly performance is -0.06%. On last trading day company shares ended up $15.42. Analysts mean target price for the company is $17.23. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is -0.82%.
The deal comes on the heels of Apple Inc. (NASDAQ:AAPL) announcement that it is purchasing headphone and music-streaming company beats for $3 billion and is a further acknowledgement of the rise in popularity of streaming. Apple Inc. (NASDAQ:AAPL) shares fell -1.67% in last trading session and ended the day on $92.29. AAPL gross Margin is 37.90% and its return on assets is 18.00%.Apple Inc. (NASDAQ:AAPL) quarterly performance is 22.42%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced it has become a certified vendor in the Reynolds Certified Interface (RCI) program. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved down -0.30% in last trading session and was closed at $3.34, while trading in range of $3.31 – $3.39. Sirius XM Holdings Inc. (NASDAQ:SIRI) year to date (YTD) performance is -4.30%.
The worldwide IPv4 address shortage is affecting some U.S.-based Azure customers, Microsoft Corporation (NASDAQ:MSFT) indicated this week. The issue becomes apparent for end users when accessing a Web page expected to be housed on a Microsoft Azure datacenter located in the United States. Instead, those users get redirected to a URL registered outside the United States. Microsoft Corporation (NASDAQ:MSFT) ended the last trading day at $40.58. Company weekly volatility is calculated as 1.01% and price to cash ratio as 3.80.Microsoft Corporation (NASDAQ:MSFT) showed a negative weekly performance of -1.53%.
SouFun Holdings Ltd (NASDAQ:SFUN) was downgraded by investment analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. They currently have a $11.00 price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 3.38% from the company’s current price. SouFun Holdings Ltd (NYSE:SFUN) net profit margin is 46.80% and weekly performance is -19.95%. On last trading day company shares ended up $8.83. Analysts mean target price for the company is $17.54. SouFun Holdings Ltd (NYSE:SFUN) distance from 50-day simple moving average (SMA50) is -28.61%.