Microsoft (NASDAQ:MSFT) admitted Thursday that it had read the contents of a blogger’s Hotmail inbox in an effort to identify an employee who was suspected of leaking confidential company information. Microsoft Corporation (NASDAQ:MSFT) shares after opening at $39.25 moved to $40.65 on last trade day and at the end of the day closed at $40.33. Company price to sales ratio in past twelve months was calculated as 4.02 and price to cash ratio as 4.01. Microsoft Corporation (NASDAQ:MSFT) showed a positive weekly performance of 6.44%.
Qualcomm, which is the industry leader in LTE baseband shipments and has the most mature and widely used portfolio of five-mode chipsets, should benefit from a near-term spurt in baseband demand from China Mobile as local players ramp up five-mode production. More importantly, it removes the risk of three-mode usurping five-mode as the more widely sourced standard at China Mobile, making it easier for Qualcomm to collect royalties on handsets that support global standards. QUALCOMM, Inc. (NASDAQ:QCOM) shares advanced 1.69% in last trading session and ended the day on $78.10. QCOM return on equity ratio is recorded as 18.40% and its return on assets is 14.70%. QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 21.24%.
Jefferies and BMO upped their price targets on Texas Instruments Incorporated (NASDAQ:TXN) to $52 from $50, and to $50 from $43, respectively, after the stock tapped a 13-year high of $46.78 in yesterday’s session. Sentiment appears less optimistic in the equity’s options pits, though. Currently, Texas Instruments Incorporated sports a Schaeffer’s put/call open interest ratio (SOIR) of 2.25, which ranks 8 percentage points from a 12-month peak. In other words, short-term option players are very put-heavy toward the stock right now, relatively speaking. Texas Instruments Incorporated (NASDAQ:TXN) shares moved up 3.14% in last trading session and was closed at $46.95, while trading in range of $45.41-$46.97. Texas Instruments Incorporated (NASDAQ:TXN) year to date performance is 7.68%.
SanDisk Corp. (NASDAQ:SNDK) saw some unusual options trading on Tuesday. Investors bought 12,811 call options on the stock, AR Network reports. This represents an increase of approximately 155% compared to the typical daily volume of 5,027 call options.SanDisk Corporation (NASDAQ:SNDK) weekly performance is 9.63%. On last trading day company shares ended up $80.72. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average is 10.57%. Analysts mean target price for the company is $79.76.
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