Apple Inc. (NASDAQ:AAPL) appears to be gearing up for an official launch of the new iPhone 6 on 9 September – even though it appears the device has not moved into mass production yet. Apple Inc. (NASDAQ:AAPL) belongs to Consumer Goods sector. Its net profit margin is 21.60% and weekly performance is 2.91%. On last trading day company shares ended up $97.24. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 3.78%.
Oracle Corporation (NYSE:ORCL) announced today that, in accordance with the terms of its merger agreement with MICROS Systems, Inc. (Nasdaq: MCRS), Rocket Acquisition Corporation, a subsidiary of OC Acquisition LLC, a subsidiary of Oracle Corporation, has extended its all-cash tender offer for $68.00 per share for all of the issued and outstanding shares of common stock, par value of $0.025 per share (the “Shares”), of MICROS Systems, Inc. to 12:00 Midnight, New York City time, at the end of September 2, 2014, unless further extended. The tender offer was previously set to expire at 12:00 Midnight, New York City time, at the end of August 15, 2014. Oracle Corporation (NYSE:ORCL) shares advanced 0.85% in last trading session and ended the day at $40.24. ORCL Gross Margin is 81.10% and its return on assets is 12.60%. Oracle Corporation (NYSE:ORCL) quarterly performance is -3.64%.
Tower Group International, Ltd. (NASDAQ:TWGP) held its special general meeting of shareholders on August 6, 2014. At that special general meeting, the Company’s shareholders voted to approve and adopt the Agreement and Plan of Merger, dated as of January 3, 2014, as amended pursuant to Amendment No. 1 to the Agreement and Plan of Merger, by and among the Company, ACP Re, Ltd. and London Acquisition Company Limited, and the agreement between the Company, ACP Re, Ltd. and London Acquisition Company Limited required by Section 105 of the Bermuda Companies Act of 1981, as amended, and voted to approve the merger. On 13 August, Tower Group International, Ltd. (NASDAQ:TWGP) shares moved down -0.92% and was closed at $2.15. TWGP EPS growth in last 5 year was -59.50%. Tower Group International, Ltd. (NASDAQ:TWGP) year to date (YTD) performance is -36.39%.
Cimatron Limited (NASDAQ:CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced its financial results for the second quarter and first six months of 2014. 24% year-over-year increase in non-GAAP operating profit for Q2, to a second quarter record of $2.0 million; 28% year-over-year increase in non-GAAP net profit for Q2, to a second quarter record of $1.5 million; Record Q2 revenues of $11.8 million, a 6.5% year-over-year increase (4.4% on a constant currency basis); 17th consecutive quarter with year-over-year revenue growth on a constant currency basis; Record $7.6 million cash flow from operating activities in the first six months of 2014 leads to end of June net cash balance of $20.4 million or $1.90 per share. Cimatron Ltd. (NASDAQ:CIMT) ended the last trading day at $6.46. Company weekly volatility is calculated as 4.06%and price to cash ratio as 4.19. Cimatron Ltd. (NASDAQ:CIMT) showed a weekly performance of 9.86%.
Virtus Investment Partners (NASDAQ:VRTS)‘s stock had its “equal weight” rating reiterated by research analysts at Morgan Stanley in a report released on Tuesday. They currently have a $234.00 price objective on the stock. Morgan Stanley’s target price points to a potential upside of 11.79% from the company’s current price. Virtus Investment Partners, Inc. (NASDAQ:VRTS) shares advanced 0.86% in last trading session and ended the day on $209.22. VRTS return on assets is 14.20%. Virtus Investment Partners, Inc. (NASDAQ:VRTS) quarterly performance is 14.60%.