In one of the most eagerly anticipated events of the January earnings season, Apple Inc. (NASDAQ:AAPL) will report its holiday quarter results on Monday afternoon. Currently, analysts expect a tiny 2% year-over-year increase in EPS — from $13.81 to $14.09. Apple Inc. (NASDAQ:AAPL) stock opened at $554.00 in last session, and closed at $546.07, while the day range of stock is $544.75 – $555.62. The stock showed a negative weekly performance of -1.48%.
Tesla Motors Inc (NASDAQ:TSLA) was eyeing a long-term approach in which ‘developing economies’ such as China would be central to its strategy. Well, further developments since then and statements issued by the company have given some indication of the extent to which this scheme is intended to develop over the next few years. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $177.85, in last session and closed at $174.60, by losing -3.80%. The 52 week range of the stock is $33.80 – $194.50. Company’s market capitalization is $21.40 billion.
Sprint Corporation (NYSE:S) submitted a filing with the Securities and Exchange Commission (SEC) indicating its decision to cut jobs as part of its efforts to reduce costs and meet the changing dynamics of the marketplace. Sprint Corporation (NYSE:S) stock decreased -5.83% and finished the last session at $8.40. Company’s market capitalization is $35.07 billion.
No serious safety concerns were raised over Merck & Co Inc. (NYSE:MRK) experimental pill for ragweed allergies, according to FDA documents Friday, ahead of a meeting next week of outside medical experts who will discuss whether the drug merits approval. Merck & Co., Inc. (NYSE:MRK) stock opened the session at $51.27, and closed the session at $51.98. The 52 week range of the stock remained $40.83 – $53.44 and the day range was $51.13 – $52.17.