Siemens AG (ADR) (NYSE:SI) gained 2.36% on BSE after net profit jumped 194.7% to Rs 88.27 crore on 8.6% fall in net sales to Rs 2657.74 crore in Q2 March 2014 over Q2 March 2013. Siemens AG (ADR) (NYSE:SI) shares after opening at $133.89 moved to $134.28 on last trade day and at the end of the day closed at $132.75. Company price to sales ratio in past twelve months was calculated as 1.13 and price to cash ratio as 6.62. Siemens AG (ADR) (NYSE:SI) showed a negative weekly performance of -1.66%.
General Electric Company (NYSE:GE) reported to be interested in buying Alstom’s energy interests, about 70 per cent of its activity, and Montebourg was expected to meet Ilmert. General Electric Company (NYSE:GE) shares advanced 0.53% in last trading session and ended the day on $26.60. GE return on equity ratio is recorded as 9.90% and its return on assets is 1.90%. General Electric Company (NYSE:GE) yearly performance is 25.18%.
Microsoft Corporation (NASDAQ:MSFT) said this week that the acquisition process of the assets it had purchased from Nokia was completed, but left one very important thing out of the announcement. Sure, mobile is the future for Microsoft as the company sees it and as ex-CEO Steve Ballmer noted while making his pending resignation public last year. Microsoft Corporation (NASDAQ:MSFT) shares moved up 0.13% in last trading session and was closed at $39.91, while trading in range of $39.75 – $40.68. Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 7.49%.
Shares fell after ARM Holdings (NASDAQ:ARMH) reported Q1 revenue of $305.2 mil, up 16% from a year earlier but missing views. The designer of low-power chips used in smartphones, tablets and other devices earned 28 cents a share, up 17% over Q1 ’13, beating estimates by a penny. The EPS performance was the company’s weakest in 6 quarters. ARM Holdings plc (ADR) (NASDAQ:ARMH) weekly performance is -4.08%. On last trading day company shares ended up $47.71. ARM Holdings plc (ADR) (NASDAQ:ARMH) distance from 50-day simple moving average (SMA50) is -2.44%. Analysts mean target price for the company is $53.65.