U.S. conglomerate General Electric Company (NYSE:GE), which is seeking approval from France’s government for its $17 billion Speed-train maker Alstom SA (AOMFF.PK,ALS.L) energy bid, is in early-stage talks with nuclear-plant maker Areva SA (ARVCF.PK) and other French companies about asset sales or partnerships, bloomberg reported citing people familiar with the matter. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 0.95%. On last trading day company shares ended up $26.67. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 2.22%.
Sirius XM Holdings (NASDAQ:SIRI)’s stock had its “hold” rating restated by stock analysts at Wunderlich in a report issued on Tuesday, Stock Ratings Network reports. They currently have a $3.50 price objective on the stock. Wunderlich’s price objective indicates a potential upside of 8.80% from the stock’s previous close. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares fell -1.11% in last trading session and ended the day on $3.12. SIRI Gross Margin is 62.70% and its return on assets is 5.30%. Sirius XM Holdings Inc. (NASDAQ:SIRI) quarterly performance is -12.50%.
Netflix Inc. (NASDAQ:NFLX) increased its share of fixed-line Internet traffic in North America in the first half of 2014, accounting for 34 percent of data flowing to consumers during peak times, up from 32 percent in the latter half of 2013. Netflix, Inc. (NASDAQ:NFLX) shares moved up 1.65% in last trading session and was closed at $349.88, while trading in range of $339.84 – $349.97. Netflix, Inc. (NASDAQ:NFLX) year to date (YTD) performance is -4.97%.
Rising competition (SPLS:US) from Amazon.com Inc. (NASDAQ:AMZN) and sluggish demand for business supplies are making it harder to buy the company’s turnaround plans, said Brian Yarbrough, an analyst at Edward Jones & Co. in St. Louis, who has a hold rating on the shares. While Staples said in March it will shut down 225 stores to cut costs, analysts estimate sales and profit (SPLS:US) will shrink for the fifth straight quarter. Amazon.com, Inc. (NASDAQ:AMZN) ended the last trading day at $297.70. Company weekly volatility is calculated as 2.59% and price to cash ratio as 15.81. Amazon.com, Inc. (NASDAQ:AMZN) showed a positive weekly performance of 1.87%.
Reuters has reported that Siemens AG (ADR) (OTCMKTS:SIEGY) might announce a formal bid to acquire Alstom SA’s (ALO) power business as early as this week. Siemens AG (ADR) (OTCMKTS:SIEGY) on last trading day company shares ended up $132.02.