Apple Inc. (NASDAQ:AAPL) is getting ready to offer another $17 billion bond sale about the same as last year to finance its share buyback program. 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 2.80 and price to cash ratio as 11.91. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 8.95%.
Facebook Inc. (NASDAQ:FB), the dominant social network in the world, acquired the start-up company behind the motion and fitness tracking app, Moves. The company develops activity log apps for Google Inc. (NASDAQ:GOOG)’s Android mobile OS and Apple Inc. (NASDAQ:AAPL)’s iOS. Moves will be part of Facebook’s mobile growth but will continue operate on its own. Facebook Inc. (NASDAQ:FB) shares fell -5.19% in last trading session and ended the day on $57.71. FB return on equity ratio is recorded as 13.30% and its return on assets is 11.30%. Facebook Inc. (NASDAQ:FB) yearly performance is 120.77%.
Finnish devices major Nokia on Friday Corporation (ADR) (NYSE:NOK) officially announced that it has completed the sale of its devices and services business to Microsoft Corporation, excluding the Chennai plant (owing to tax disputes in various courts in India). Both companies in their respective statements have avoided mentioning the nature of the “service agreement”, which they entered into for sourcing handsets from the Chennai plant. Nokia Corporation (ADR) (NYSE:NOK) shares moved down -0.41% in last trading session and was closed at $7.27, while trading in range of $7.20 – $7.43. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -10.36%.
BlackBerry Ltd (NASDAQ:BBRY) much-anticipated Z3 smartphone is now up for pre-order in Indonesia. The Canadian company, however, has confirmed that the official unveiling of the Z3 is scheduled for May 13. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is 1.82%. On last trading day company shares ended up $7.28. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -17.75%. Analysts mean target price for the company is $10.90.
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