On February 27, Mondelez International, Inc. (NASDAQ:MDLZ) announced that, as part of its ongoing efforts to further focus its portfolio on snacking products, it has reached an agreement to sell its 50 percent interest in Ajinomoto General Foods, Inc. (AGF) to its joint venture partner, Ajinomoto Co., Inc. AGF manufactures and sells instant, ground and liquid coffee products as well as other beverages in Japan under brands mainly licensed by Mondelez International, including Blendy and Maxim. On Friday shares of Mondelez International, Inc. (NASDAQ:MDLZ) closed at $35.22. Company’s sales growth for last 5 years was -2.40% and EPS growth for next 5 years is recorded as 8.80%.
Bitauto Holdings Limited (NYSE:BITA) announced the appointment of Mr. Jun Hou as an independent director to its board of directors (“the board”), effective March 5, 2015.Bitauto Holdings Limited (NYSE:BITA) in last trading activity decreased -8.79% to close at $67.00. Company weekly performance is 5.59% while its quarterly performance stands at -15.63%. Bitauto Holdings Limited (NYSE:BITA) is -31.83% away from its 52 week high.
Alibaba Group Holding Ltd (NYSE:BABA) announced, on Thursday, plans to open its first data center in Silicon Valley, United States, to help expand a less prominent yet growing side of the business – cloud computing, rather than supporting the popular e-commerce business of the company. On Friday shares of Alibaba Group Holding Ltd (NYSE:BABA) closed at $84.40. Company’s EPS growth for next 5 years is recorded as 30.46%.
Southwest Bank, as Trustee of the Sabine Royalty Trust (NYSE:SBR) declared a cash distribution to the holders of its units of beneficial interest of $0.44414 per unit, payable on March 30, 2015, to unit holders of record on March 16, 2015. Sabine Royalty Trust (NYSE:SBR) institutional ownership stands at 10.40%. In last trading activity company’s stock closed at $42.61.
Best Buy Co (NYSE:BBY) had its price objective hosited by Telsey Advisory Group from $41.00 to $43.00 in a report released on Wednesday. Telsey Advisory Group currently has an outperform rating on the stock On last trading day Best Buy Co., Inc. (NYSE:BBY) moved up 0.20% to close at $39.71. Its volatility for the week is 2.35% while volatility for the month is 2.15%. BBY’s sales growth for past 5 years was -1.20% and its EPS growth for past 5 years was -3.70%. Best Buy Co., Inc. (NYSE:BBY) monthly performance is 9.67%.