Spectra Energy (NYSE:SE) plans to invest $1 billion per year through 2015 on growth projects. These include the expansion of Spectra Energy Partner’s (SEP) Texas Eastern Pipeline systems. On completion, which is slated for 2017, the Texas Eastern pipeline systems will be able to move 2 billion cubic feet of supply per day to the Gulf Coast and Midwest markets. Spectra Energy Corp. (NYSE:SE) net profit margin is 19.40% and weekly performance is 2.24%. On last trading day company shares ended up $40.55. Analysts mean target price for the company is $39.92. Spectra Energy Corp. (NYSE:SE) distance from 50-day simple moving average (SMA50) is 6.44%.
AmerisourceBergen Corporation (NYSE:ABC) (the “Company”) announced the closing of its public offering of $600 million aggregate principal amount of its 1.150% Senior Notes due 2017 and $500 million aggregate principal amount of its 3.400% Senior Notes due 2024. AmerisourceBergen Corp. (NYSE:ABC) shares advanced 0.91% in last trading session and ended the day on $71.35. ABC gross Margin is 2.50% and its return on assets is 2.30%.AmerisourceBergen Corp. (NYSE:ABC) quarterly performance is 4.68%.
Novartis AG (ADR) (NYSE:NVS) will showcase the results of research efforts to target disease pathways with more than 150 abstracts at two upcoming cancer-focused meetings, including updated data in ALK+ non-small cell lung cancer and the first-ever presentations of key data in polycythemia vera, multiple myeloma (blood) and locally advanced or metastatic basal cell carcinoma (skin). Novartis AG (ADR) (NYSE:NVS) shares moved up 0.55% in last trading session and was closed at $89.98, while trading in range of $89.53 – $90.07. Novartis AG (ADR) (NYSE:NVS) year to date (YTD) performance is 15.72%.
Tiffany & Co. (NYSE:TIF) the US luxury jewellery retailer in which the Qatar Investment Authority owns an 8.7 percent stake, has raised its full-year profit forecast after it reported better-than-expected quarterly results as new collections drove sales in the United States, its biggest market. Tiffany & Co. (NYSE:TIF) ended the last trading day at $96.55. Company weekly volatility is calculated as 2.31% and price to cash ratio as 33.89.Tiffany & Co. (NYSE:TIF) showed a positive weekly performance of 9.50%.
CVS Caremark Corp Corporation (NYSE:CVS) made a formal bid to purchase Brazilian drugstore firm DPSP for about 4.5 billion reais ($2 billion), though the offer was rejected, a Brazilian news website reported on Thursday. CVS Caremark Corporation (NYSE:CVS) net profit margin is 4.40% and weekly performance is 2.18%. On last trading day company shares ended up $77.21. Analysts mean target price for the company is $80.08. CVS Caremark Corporation (NYSE:CVS) distance from 50-day simple moving average (SMA50) is 4.04%.