Separately, AT&T Inc. (NYSE:T) has been moving its segments around to optimize its size and scope. The most recent of these has been acquiring more wireless airwaves. Previously, it bought out Leap Wireless International Inc, in a deal valued at $1.2 billion to gain additional frequencies which now allow higher data transfer and faster call making capabilities for its products. AT&T Inc. (NYSE:T) shares after opening at $34.91 moved to $35.03 on last trade day and at the end of the day closed at $34.61. Company price to sales ratio in past twelve months was calculated as 1.42 and price to cash ratio as 54.58. AT&T Inc. (NYSE:T) showed a positive weekly performance of 5.01%.
Facebook Inc (NASDAQ:FB) is showing solid financial results so far: FY2013 revenues of $7.87 billion, an increase of 55% over FY2012; gross profit of $6 billion for FY2013, an increase of 61% over FY2012. Facebook has more than a billion Daily Active Users and 1.23 Monthly Active Users which make it the largest social network in the world. Facebook Inc (NASDAQ:FB) shares fell -6.94% in last trading session and ended the day on $60.38. FB return on equity ratio is recorded as 11.30% and its return on assets is 9.40%.Facebook Inc (NASDAQ:FB) yearly performance is 139.55%.
Verizon Communications Inc. (NYSE:VZ)is largest telecom company of the US with market cap of $195.4 Billion as of March, 26 2014. The company is industry leader in wireless communication technology with a nation-wide coverage, also a substantial part of company’s revenue come from fixed lines. Over the past decade Verizon Communications Inc. (NYSE:VZ) has evolved from a history of mergers and demergers. Verizon Communications Inc. (NYSE:VZ) shares moved down -0.44% in last trading session and was closed at $47.01, while trading in range of $47.01-$47.66. Verizon Communications Inc. (NYSE:VZ) year to date performance is -3.29%.
Alibaba Group Holding Ltd, China-based e-commerce, is preparing for its IPO. London-based IG group estimates that Alibaba’s market value will be ~$250 billion. However, Reuters estimates $141 billion based on average call considering total market worth and believes that Yahoo! Inc. (NASDAQ:YHOO) is overvalued. Though Alibaba has solid performance with positive earnings, however, it is too early to say that Alibaba will have higher value. But, high value will certainly benefit its stake holders Yahoo (24%) and Softbank (37%). Yahoo! Inc. (NASDAQ:YHOO) weekly performance is -8.18%. On last trading day company shares ended up $35.45. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average is -6.76%. Analysts mean target price for the company is $40.91.
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