Apple Inc. (NASDAQ:AAPL) has been known to mark big numerical milestones, celebrating the 50 billionth download from its App Store last May and the 30th anniversary of the Mac earlier this year. But it appears to have quietly let a big one pass within the last few weeks as somewhere on earth, the 500 millionth iPhone was sold. Despite much consternation in the media that the high-end of the market is reaching saturation, this data point demonstrates that iPhone sales continue to accelerate for Apple even if the rate of that acceleration is less breathtaking than it had been in the past. Apple Inc. (NASDAQ:AAPL) shares after opening at $538 on last trade day and at the end of the day closed at $539.19. Company price to sales ratio in past twelve months was calculated as 2.78 and price to cash ratio as 11.87. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 2.36%.
NetApp Inc. (NASDAQ:NTAP) to “underweight” and set a $31 target price. The firm noted the company is facing increased competition. NetApp Inc. (NASDAQ:NTAP) shares fell -3.23% in last trading session and ended the day on $36.58. NTAP return on equity ratio is recorded as 14.70% and its return on assets is6.40%. NetApp Inc. (NASDAQ:NTAP)yearly performance is 10.31%.
Wal-Mart Stores, Inc. (NYSE:WMT)’s dependence on food stamps, revealed. Talk about a “poverty trap”! The phrase was recently used by House Budget Committee Chairman Paul D. Ryan, R-Wisc., to suggest that the nation’s panoply of programs to aid low-income households was keeping them from rising into the middle class. Wal-Mart’s annual report, issued late last week, puts a different spin on things. Buried within the long list of risk factors disclosed to its shareholders–that is, factors “outside our control” that could materially affect financial performance–are these: “changes in the amount of payments made under the Supplement Nutrition Assistance Plan and other public assistance plans, (and) changes in the eligibility requirements of public assistance plans.” Wal-Mart Stores, Inc. (NYSE:WMT) shares moved up 0.87% in last trading session and was closed at $76.76, while trading in range of $76.11 – $76.80. Wal-Mart Stores, Inc. (NYSE:WMT) year to date (YTD) performance is -1.83%.
Commscope Holding Company Inc (NASDAQ:COMM) announced the commencement of an offering to sell 17,500,000 shares of its common stock by an affiliate of The Carlyle Group (the “selling stockholder”). The offering is being made pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission. The selling stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2,625,000 shares of CommScope’s common stock. CommScope will not receive any of the proceeds from the offering of shares by the selling stockholder. Commscope Holding Company Inc (NASDAQ:COMM) weekly performance is 12.68%. On last trading day company shares ended up $24.43. Commscope Holding Company Inc (NASDAQ:COMM)distance from 50-day simple moving average (SMA50) is20.80%. Analysts mean target price for the company is $24.91.
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