International Business Machines Corp. (NYSE:IBM) said Thursday it has agreed to buy Silverpop, a privately held company based in Atlanta, Ga. offering cloud-based marketing services. Financial terms of the transaction were not disclosed. International Business Machines Corp. (NYSE:IBM) shares after opening at $195.04 moved to $197.00 on last trade day and at the end of the day closed at $195.19. Company price to sales ratio in past twelve months was calculated as 2.04 and price to cash ratio as 18.37. International Business Machines Corp. (NYSE:IBM) showed a positive weekly performance of 1.78%.
The Guggenheim Solar ETF (NYSEARCA:TAN) was off over 5.5 percent heading into the final 90 minutes of trading. Guggenheim Solar ETF (NYSEARCA:TAN) shares fell -2.81% in last trading session and ended the day on $40.06. Guggenheim Solar ETF (NYSEARCA:TAN) yearly performance is 131.03%.
Alcoa Inc. (NYSE:AA), the largest U.S. aluminum producer, was cut to junk by a second ratings company as a global oversupply of the metal hampers profitability. Alcoa Inc (NYSE:AA) shares moved down -1.26% in last trading session and was closed at $12.54 while trading in range of $12.34 – $12.61 – Alcoa Inc (NYSE:AA) year to date (YTD) performance is 18.30%.
Youku Tudou Inc. (ADR) (NYSE:YOKU), China’s leading Internet television company, recently launched the beta version of an interactive entertainment platform, that will enable millions of fans to directly connect with their favorite celebrities, musicians, and grassroots talents. Youku Tudou Inc (ADR) (NYSE:YOKU) weekly performance is -3.99%. On last trading day company shares ended up $24.78. Youku Tudou Inc (ADR) (NYSE:YOKU) distance from 50-day simple moving average (SMA50) is -16.49%. Analysts mean target price for the company is $191.23.
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