On Friday, Shares of International Business Machines Corp. (NYSE:IBM), lost -1.35% to $134.91.
AT&T* and IBM (NYSE: IBM), declared they are expanding their long-term planned relationship to bring businesses a full suite of advanced networking, application and hosting services. Under the agreement, AT&T will transition its managed application and managed hosting services unit to IBM. IBM will then align these managed service capabilities with the IBM Cloud portfolio. IBM will also acquire equipment and access to floor space in AT&T data centers presently supporting the applications and managed hosting operations.
Together, AT&T and IBM will enable companies to more easily integrate networks and cloud workloads with their IT environments. After close, IBM will deliver the managed applications and managed hosting services AT&T provides recently. AT&T will continue to provide networking services counting security, cloud networking and mobility that it provides recently. And the two companies will work closely to innovate and deliver a full suite of integrated solutions to customers.
“Recently’s declaration represents an expansion of our planned relationship with AT&T and ongoing partnership to deliver new innovative solutions,” said Philip Guido, IBM General Manager of Global Technology Services for North America. “Working with AT&T, we will deliver a robust set of IBM Cloud and managed services that can continuously evolve to meet clients’ business objectives.”
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application administration, maintenance, and support services.
Shares of Continental Resources, Inc. (NYSE:CLR), declined -6.00% to $22.72, during its last trading session.
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil production to end users, in addition to midstream marketing companies or crude oil refining companies at the lease.
Highlights from recently’s reports comprise:
On Monday, December 07, 2015, Nasdaq ended at 5,101.81 down 0.79%, Dow Jones declined 0.66%, to finish the day at 17,730.51, and the S&P closed at 20,77.07, down 0.70%.
- Mylan NV’s stock declined 0.62% to close Monday’s session at USD 51.09. The share price vacillated between USD 50.13 and USD 51.55. The stock recorded a trading volume of 5.36 million shares, which was below its 50-day daily average volume of 9.47 million shares and below its 52-week average volume of 7.22 million shares. Over the last three days Mylan NV’s shares have declined by 1.90% while in the past one month the stock has gained 9.68%. Moreover, in the last six months, the stock has lost 30.63% and year to date, the shares have shed 9.37%. Further, the company is trading at a price to earnings ratio of 29.19 and the stock is at a price to book ratio of 2.58. This compares to a historical PE ratio of 22.67. The historical PB ratio is near to 6.50. Additionally, the stock is trading at a price to cash flow ratio of 9.67 and at a price to sales ratio of 2.80.
- Regeneron Pharmaceuticals Inc’s stock edged lower by 2.16% to close Monday’s session at USD 546.61. The company’s shares oscillated between USD 544.56 and USD 560.15. The stock recorded a trading volume of 0.49 million shares, which was below its 50-day daily average volume of 0.89 million shares and below its 52-week average volume of 0.82 million shares. Over the last three days, Regeneron Pharmaceuticals Inc’s shares have declined by 0.05% while in the past one week the shares have moved up 0.39%. Furthermore, over the last three months, the stock has gained 9.32% and in the past six months, the shares have picked up 3.90%. Further, the company is trading at a price to earnings ratio of 106.55 and the stock is at a price to book ratio of 17.63. This compares to a historical PE ratio of 133.67. Regeneron Pharmaceuticals Inc’s shares have a market cap of USD 55.8 billion.
- The stock of JetBlue Airways Corp gained 3.96% to close Monday’s session at USD 26.49. The shares of the company moved in the range of USD 25.80 and USD 27.00. A trading volume of 10.12 million shares was recorded, which was greater than its 150-day daily average volume of 8.16 million shares and above its 52-week average volume of 8.07 million shares. Over the last five days, JetBlue Airways Corp’s shares have advanced 7.07% and in the past one month, the stock has gained a momentum of 5.83%. Additionally, in the past six months, the shares have registered a profit of 39.35%. The company has returned 1.53% in the past one month, and 11.68% in the last three months, on a compounded total return basis. Further, the company is trading at a price to earnings ratio of 15.77 and the stock is at a price to book ratio of 2.66.
- Continental Resources Inc’s stock reduced by 9.32% to close Monday’s session at USD 29.01, below its 200-day moving average of USD 35.70. The company’s shares fluctuated in the range of USD 28.58 and USD 30.99. A total of 9.03 million shares exchanged hands, which surpassed its 50-day daily average volume of 4.56 million shares and was above its 52-week average volume of 4.37 million shares. Over the last three days Continental Resources Inc’s shares have declined by 14.73% and in the past one week the shares have moved down 20.08%. Furthermore, in the past six months, the shares have shed 36.69%. The stock is at a price to book ratio of 2.49. The historical PB ratio is near to 2.87. Additionally, the stock is trading at a price to cash flow ratio of 4.97 and at a price to sales ratio of 4.06. Further, Continental Resources Inc’s shares have a market cap of USD 10.8 billion.
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil production to end users, in addition to midstream marketing companies or crude oil refining companies at the lease.
Finally, Baidu Inc (ADR) (NASDAQ:BIDU), ended its last trade with -2.55% loss, and closed at $191.92.
Baidu, declared that its autonomous car has successfully accomplished rigorous, fully autonomous tests on one route with mixed roads under a variety of environmental conditions.
The Baidu autonomous car is the first in China to have demonstrated full autonomy under mixed road conditions, marking a milestone in China’s autonomous driving effort. The road tests were carried out under complex road conditions, and the Baidu vehicle, a modified BMW 3 Series, accomplished the tests by executing a comprehensive set of driving actions and accurately responding to the driving environment.
“Fully autonomous driving under mixed road conditions is universally challenging, with complexity further heightened by Beijing’s road conditions and unpredictable driver behavior,” said Wang Jing, SVP of Baidu and General Manager of Baidu’s newly established Autonomous Driving Business Unit.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.