Yahoo Inc. (NASDAQ:YHOO) has become the latest company to announce it will move into the production field with the introduction of two original TV series that will be shown on its website. Yahoo! Inc. (NASDAQ:YHOO) shares after opening at $36.60 moved to $37.12 on last trade day and at the end of the day closed at $36.87 . Company price to sales ratio in past twelve months was calculated as 7.94 and price to cash ratio as 12.62. Yahoo! Inc. (NASDAQ:YHOO) showed a positive weekly performance of 6.93%.
Cisco Systems, Inc. (NASDAQ:CSCO) names Marco SMB Partner of the Year. Cisco recently named Marco, Inc. as their 2013 Central Area Small to Medium Business Partner of the Year. The award was presented to Marco for taking a leadership position in implementing unified communications and cloud networking systems amongst other Cisco technologies. Cisco recognized Marco for creating custom processes designed to help scale resources, extend sales reach and contribute to their growth. Marco is a Cisco Premier Partner meeting standards set forth by Cisco for networking competency, service, support and customer satisfaction. Marco’s certifications from Cisco include advanced unified computing specialization, advanced collaboration architecture specialization, advanced unified communications, advanced wireless LAN, advanced routing and switching, advanced security and express foundation specialization. Cisco Systems, Inc. (NASDAQ:CSCO) shares fell – 0.30% in last trading session and ended the day on $22.94. CSCO return on equity ratio is recorded as 14.20% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 14.07%.
Plug Power Inc. (NASDAQ:PLUG) announced the completion of its previously announced underwritten public offering of 22,600,000 shares of its common stock at $5.50 per share. Morgan Stanley & Co. LLC and Barclays Capital Inc. acted as the book-running managers and Cowen and Company, LLC and FBR Capital Markets & Co. acted as co-managers for the offering. Net proceeds, after underwriting discounts and commissions and other estimated fees and expenses payable by Plug Power, were approximately $116,300,000. Plug Power intends to use the net proceeds of the offering for working capital and other general corporate purposes, which may include capital expenditures and potential acquisitions. Plug Power Inc (NASDAQ:PLUG) shares moved down – 4.05% in last trading session and was closed at $4.50 while trading in range of $4.45 – $4.76 – Plug Power Inc (NASDAQ:PLUG) year to date (YTD) performance is 190.32%.
Nokia Corporation (ADR) (NYSE:NOK) plans to spend $100 million backing companies that develop intelligent-car technologies, joining the likes of billionaire Elon Musk and Google Inc. in betting that future vehicles will be smarter and more connected. Nokia Corporation (ADR) (NYSE:NOK) weekly performance is 1.10%. On last trading day company shares ended up $7.35. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -1.92%. Analysts mean target price for the company is $8.07.
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