On February 20, it was reported that, The Federal Trade Commissionhas decided to allow Zillow Inc. (NASDAQ:Z)’s $2.5 billion stock-for-stock acquisition of online real-estate rival Trulia Inc. after concluding the merger wouldn’t stifle competition for advertisers or people looking to buy and sell a home, the antitrust watchdog said. On Friday shares of Zillow, Inc. (NASDAQ:Z) closed at $114.75. Company’s sales growth for last 5 years was 79.50% and EPS growth for next 5 years is recorded as 70.63%.
Roth Capital began coverage on shares of Flextronics International (NASDAQ:FLEX) in a report issued on Monday. The firm issued a buy rating and a $27.00 target price on the stock. Flextronics International Ltd. (NASDAQ:FLEX) in last trading activity fell -0.81% to close at $12.18. Company weekly performance is -0.41% while its quarterly performance stands at 9.73%. Flextronics International Ltd. (NASDAQ:FLEX) is -2.40% away from its 52 week high.
Merck & Co. Inc. (NYSE:MRK) has announced that it has made an agreement with the MPP (medicine patent pool) for its HIV treatment. According to this agreement the pharmaceutical company will accelerate the process of developing affordable pediatric formulations for underdeveloped countries. Merck & Co. Inc. (NYSE:MRK) in last trading activity fell -0.71% to close at $58.54. Company weekly performance is 0.33% while its quarterly performance stands at -0.59%. Merck & Co. Inc. (NYSE:MRK) is -7.98% away from its 52 week high.
International Business Machines Corporation (NYSE:IBM)’s CEO says the company’s plan to revamp itsbusiness to shift away from hardware and focus on business analytics, cloud computing, mobile services and security is on track. In a media briefing ahead of an investor conference in New York on Thursday, Virginia Rometty said the company plans that the new tech markets should make up 40 percent of IBM’s business, or $40 billion, in the next 4 years. On last trading day International Business Machines Corporation (NYSE:IBM) moved up 0.67% to close at $161.94. Its volatility for the week is 1.77% while volatility for the month is 1.66%. IBM’s sales growth for past 5 years was -0.60% and its EPS growth for past 5 years was 9.30%. International Business Machines Corporation (NYSE:IBM) monthly performance is 7.61%.
On February 19, Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. LP (NYSE:TOO) reported the Partnership’s results for the quarter ended December 31, 2014. During the fourth quarter of 2014, the Partnership generated distributable cash flow(1) of $50.0 million, compared to $57.4 million in the same period of the prior year. On last trading day Teekay Offshore Partners LP (NYSE:TOO) increased 4.48% to close at $21.94. Its volatility for the week is 3.61% while volatility for the month is 4.11%. TOO’s sales growth for past 5 years was -1.50% and its EPS growth for past 5 years was 23.30%. Teekay Offshore Partners LP (NYSE:TOO) monthly performance is 4.83%.