According to the BrandZ Top 100 ranking, Apple Inc., AAPL, designs, manufactures and markets a range of personal computers has overtaken Google Inc. GOOG as the world's most valuable brand. Apple with a stock market capitalization of $319.4 billion, compared with Google's $172.4 billion. Apple Inc is trading at a price of $346.66,a dramatic change of -0.09 with % change of -0.03 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 319.37B.
Google is trading at a price of $535.30,a dramatic change of +1.03 with % change of 0.19 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 3172.11B.
Volkswagen AG VOW said it had increased its shareholding in German truck maker MAN SE to 30.47% from 29.9%, and it would launch a mandatory takeover offer for MAN SE includes its Scania AB brand. Volkswagen is trading at a price of $117.80,a dramatic change of -1.90 with % change of -1.59 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 54.80B.
Japan Based Softbank Corp. SFTBF engaged in the telecommunications and Internet business is trading at a price of $40.99 posted a record operating profit for the sixth-straight fiscal year.
To reduce its sole dependence on the home market, Tata Motors Ltd. TTM has started exporting the world's cheapest car TATA Nano from April, exported 498 units of the Nano in the past month. Tata Motors is trading at a price of $26.26,a dramatic change of +0.89 with % change of 3.51 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 16.62B.
Live Nation Entertainment Inc. LYV is trading at a price of $10.75 and the daily-deal website Groupon plan to launch online ticketing deals in time for the summer-concert season called “GrouponLive”. GrouponLive will serve as a local resource for Live Nation events and clients of its global ticketing business, Ticketmaster. The site will be a groundbreaking resource for consumers to find high-value tickets to concerts, sports, theater, arts and other live events, while serving as a timely and effective way for merchants to sell more tickets.
World's largest retailer Wal-Mart Stores Inc. WMT acquisition of African Massmart Holdings Ltd. could cause thousands of job losses. Wal-Mart is trading at a price of $55.02,a dramatic change of -0.05 with % change of -0.09 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 192.09B.
Toshiba Corp. (TYO:6502) net profit for the last three months through March doubled from a year earlier, but the its earnings in the fiscal fourth quarter were somewhat constrained. Toshiba Corp. is trading at a price of $435.00,a dramatic change of -6.00 with % change of -1.36 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.84T.
Dabur India (BOM:500096) is planning to spend $672 million to buy firms and brands with large or small acquisitions. Dabur India is trading at a price of $102.30,a dramatic change of +0.20 with % change of 0.20 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 178.08B.
Dynegy Inc. DYN first-quarter loss of $77 million, or 64 cents a share, from net income of $145 million, or $1.20 a share, last year and revenue dropped to $505 million, from $858 million. Dynegy Inc. Dynegy is trading at a price of $6.41,a dramatic change of +0.19 with % change of 3.05 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 774.93M.
Goldman Sachs Group Inc. (GS) upgraded shares of E TRADE Financial Corporation ETFC to buy from neutral and cut its rival TD Ameritrade Holding Corp. AMTD to neutral from buy.
McDonald's Corporation MCD sales at all restaurants worldwide for at least 13 months, rose 6%. Sales in the U.S. rose 4%; up 6.5% in Europe; and climbed also 6.5% in Asia, Middle East and Africa. McDonald's is trading at a price of $78.70. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 81.67B.
United Continental Holdings INC UAL, formerly UAL Corporation, announced its total April traffic rose 1.1% to more than 17 billion revenue passenger miles from 16.83 billion revenue passenger miles a year ago, is trading at a price of $25.65.
Analysts Upgrade:
Goldman Sachs GS upgraded shares of Diamond Foods DMND to a “buy” rating, downgraded shares of Alliance Data Systems Co. ADS from a “neutral” rating to a “sell” rating and upgraded shares of Electrolux AB ELUXY from a “sell” rating to a “neutral” rating. Credit Suisse CS upgraded shares of PepsiCo, Inc. PEP to an “outperform” rating. Cantor Fitzgerald downgraded shares of Chimera Investment Co. CIM from a “buy” rating to a “hold” rating. Caris & Company downgraded shares of The Gap Inc. GPS from a “buy” rating to an “above average” rating. Feltl & Co. upgraded shares of The Andersons, Inc. ANDE from a “strong buy” rating to a “buy” rating. Morgan Stanley MS upgraded shares of Citigroup (NYSE: C) from a “neutral” rating to an “overweight” rating. Keefe, Bruyette & Woods, Inc upgraded shares of The Macerich Company MAC from a “market perform” rating to an “outperform” rating. HSBC HBC downgraded shares of Bancolombia S.A. CIB from a “neutral” rating to an “underweight” rating. BGB Securities upgraded shares of Genpact Limited (NYSE: G) from a “sell” rating to a “hold” rating. TD Newcrest downgraded shares of Minefinders Corp. Ltd. MFN from a “hold” rating to a “reduce” rating.
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Zacks Investment Research downgraded shares of TC PipeLines TCLP from an “outperform” rating to a “neutral” rating. Canaccord Genuity downgraded shares of Dolby Labs DLB from a “buy” rating to a “hold” rating.Needham & Company upgraded shares of Targacept Inc. TRGT from a “buy” rating to a “strong buy” rating.First Analysis upgraded shares of FMC Corp. FMC to an “overweight” rating.Bank of America Merrill Lynch downgraded shares of Spirit AeroSystems Holdings, Inc. SPR from a “buy” rating. Equities research analysts at Goldman Sachs GS upgraded shares of Total System Services, Inc. TSS from a “sell” rating to a “buy” rating. Stifel Nicolaus downgraded shares of Fifth Street Finance FSC from a “buy” rating to a “hold” rating.Robert W. Baird upgraded shares of Sally Beauty Holdings Inc SBH from a “neutral” rating to an “outperform” rating.
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