A U.S. appeals court on Friday revived patent claims Apple Inc (NASDAQ:AAPL) made against Google Inc (NASDAQ:GOOGL) subsidiary Motorola Mobility over mobile phone technology that had been dismissed by an Illinois court. Apple Inc.(NASDAQ:AAPL) shares after opening at $564.53 moved to $571.99 on last trade day and at the end of the day closed at $571.94. Company price to sales ratio in past twelve months was calculated as 11.42 and price to cash ratio as 6.62. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 8.95%.
Altria Group (NYSE:MO) had its neutral rating reaffirmed by analysts at Zacks. The firm currently has a $40.00 price target on the stock. Zacks’ analyst wrote, “Altria’s first-quarter 2014 earnings of $0.57 were inline with the Zacks Consensus. However, earnings were ahead of the year ago results by 5.6% backed by strong performance of leading premium brands. Sales missed Zacks Consensus Estimate by 1.0% as soft revenue in the Smokeable segment offset the gains in the smokeless segment. Altria Group Inc (NYSE:MO) shares advanced 1.85% in last trading session and ended the day on $39.11. MO return on equity ratio is recorded as 118.80% and its return on assets is 12.80%. Altria Group Inc (NYSE:MO) yearly performance is 14.59%.
Weatherford International (NYSE:WFT) rose 10.3% during mid-day trading on Friday after the company announced better than expected quarterly earnings, ARN reports. The stock traded as high as $20.58 and last traded at $20.30, with a volume of 26,012,936 shares traded. The stock had previously closed at $18.41. Weatherford International Ltd (NYSE:WFT) shares moved up 11.19% in last trading session and was closed at $20.47, while trading in range of $ 19.61 – 20.58. Weatherford International Ltd (NYSE:WFT) year to date (YTD) performance is 32.15%.
Valero Energy (NYSE:VLO) was downgraded by analysts at BofA Merrill Lynch from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, Analyst RN reports. They currently have a $63.00 target price on the stock. BofA Merrill Lynch’s target price suggests a potential upside of 11.17% from the company’s current price. Valero Energy Corporation (NYSE:VLO) weekly performance is 1.20%. On last trading day company shares ended up $56.67. Valero Energy Corporation (NYSE:VLO) distance from 50-day simple moving average (SMA50) is 7.38%. Analysts mean target price for the company is $60.12.