Zacks cut shares of Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) from an outperform rating to a neutral rating in a research report sent to investors on Wednesday morning, StockRatingsNetwork reports. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) net profit margin is 24.50% and weekly performance is -1.87%. On last trading day company shares ended up $76.05. Analysts mean target price for the company is $92.74. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) distance from 50-day simple moving average (SMA50) is -3.21%.
The No. 2 U.S. wireless carrier by subscribers said late Sunday it is acquiring DirecTV (NASDAQ:DTV) for $95 a share in cash and stock, or $67.1 billion, including net debt. The combined company would control 26 million U.S. pay-TV subscribers, making it a close second player to Comcast and Time Warner Cable should the two get regulatory approval to combine. DIRECTV (NASDAQ:DTV) shares fell -1.77% in last trading session and ended the day on $84.65. DTV gross Margin is 47.50% and its return on assets is 12.70%.DIRECTV (NASDAQ:DTV) quarterly performance is 15.86%.
One of the hidden benefits of AT&T Inc. (NYSE:T) $48.5 billion planned purchase of DirecTV is that it raises the possibility of making DirecTV’s programming crown jewel, NFL Sunday Ticket, more broadly available on mobile devices. AT&T Inc. (NYSE:T) shares moved down -0.98% in last trading session and was closed at $36.38, while trading in range of $35.77 – $36.75. AT&T Inc. (NYSE:T) year to date (YTD) performance is 6.22%.
Ventrus Biosciences Inc. (NASDAQ:VTUS) entered into a merger agreement with Assembly Pharmaceuticals, a privately held biopharmaceutical company, in an all-stock transaction. Upon the completion of the merger, the combined company will be renamed Assembly Biosciences, Inc. (NASDAQ:ASMB) and trade on the Nasdaq Capital Market under the ticker “ASMB.” Ventrus Biosciences Inc. (NASDAQ:VTUS) ended the last trading day at $0.882. Company weekly volatility is calculated as 11.35% and price to cash ratio as 0.76.Ventrus Biosciences Inc. (NASDAQ:VTUS) showed a negative weekly performance of -10.20%.
During the three month period ended March 31, 2014 Brazil Gold Corp. (OTCMKTS:BRZG) recognized a net loss of $3,538,490 compared to a net loss of $501,668 for the three-month period ended March 31, 2013. Brazil Gold Corp. (OTCMKTS:BRZG) shares moved down -25.00% in last trading session and was closed at $0.0015.