Cisco Systems, Inc. (NASDAQ:CSCO) recently named Marco Inc. its 2013 Central Area Small to Medium Business Partner of the Year for leadership in implementing unified communications and cloud networking systems among other Cisco Systems, Inc. (NASDAQ:CSCO) technologies. Cisco Systems, Inc. (NASDAQ:CSCO) stock performance was 0.79% in last session and finished the day at $24.37. Traded volume was 40.48million shares in the last session and the average volume of the stock remained 39.23million shares. The beta of the stock remained 1.33. Cisco Systems, Inc. (NASDAQ:CSCO) insider ownership is 0.10%.
US drugs giant Pfizer is eyeing up AstraZeneca in what would be the biggest takeover in British history. The trouble is, Pfizer Inc. (NYSE:PFE) has a reputation as a slash-and-burn merchant, snapping up companies and then asset-stripping. Its assertion that it would preserve British jobs and British science are being taken with the kind of health warning it displays on its packages. VoR’s Brendan Cole hosts a discussion. Pfizer Inc. (NYSE:PFE) rose 0.21 percent to $29.12 Friday on volume of 35.70million shares. The intra-day range of the stock was $29.00 to $29.55. Pfizer Inc. (NYSE:PFE) has a market capitalization of $185.62billion.
Forbes reports that the World Wrestling Entertainment Inc. (NYSE:WWE) chairman and CEO lost a whopping $350 million when the company’s stock crashed yesterday upon news that its new streaming online video network would not replace its pay-per-view revenues until 2015. McMahon’s wealth was previously estimated at around $1.1 billion, meaning he lost more than 30% of his fortune in today’s crash, which sent the stock plummeting from $19.93 a share to $11.27. The crash, World Wrestling Entertainment, Inc. (NYSE:WWE)’s largest drop since its 1999 IPO, was precipitated by news that the company’s new television deal with NBCUniversal was not as lucrative as investors had expected. World Wrestling Entertainment, Inc. (NYSE:WWE)’s stock on May 16, 2014 reported a decrease of -43.45% to the closing price of $11.27. Its fifty two weeks range is $8.98 -$31.98. The total market capitalization recorded $846.91million. The overall volume in the last trading session was 40.97million shares. In its share capital, WWE has 75.16million outstanding shares.
Shares of retailer J.C. Penney Company, Inc. (NYSE:JCP) jumped after a first-quarter earnings report soared past expectations. After sales had plummeted under former chief Ron Johnson’s failed bid to jettison sales and coupons in favor of everyday low prices, the chain apparently seems to finally be on the track toward recovery, as same-store sales jumped 6.2 percent in the quarter. Total revenue jumped 6.1 percent to $2.8 billion, better than the $2.71 billion analysts expected. On Friday, shares of J.C. Penney Company, Inc. (NYSE:JCP) advanced 16.25% to close the day at $9.73. Company return on investment (ROI) is -11.90% and its monthly performance is recorded as 34.02%. J.C. Penney Company, Inc. (NYSE:JCP) quarterly revenue growth is 58.47%.
Shares of Verizon Communications Inc (NYSE:VZ) have received an average rating of “Buy” from the twenty-eight analysts that are currently covering the stock, AmericanBankingNews.com reports. Seven investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. Verizon Communications Inc. (NYSE:VZ) stock performance was 2.31% in last session and finished the day at $49.07. Traded volume was 29.39million shares in the last session and the average volume of the stock remained 43.09million shares. The beta of the stock remained 0.36. Verizon Communications Inc. (NYSE:VZ) insider ownership is 0.02%.