eBay Inc. (NASDAQ:EBAY) fell 0.47% to $29.68. The company announced
it has reached a definitive agreement to acquire all of the shares of
brands4friends, Germany’s online shopping club for fashion and lifestyle, for
cash at a transaction value of approximately USD200 million (EUR150 million).
has average daily volume of 13.26 million shares. At current market price, the
market capitalization of the company stands at $38.69 billion.
AT&T Inc. (NYSE:T) slid 0.45% to $29.08. AT&T Inc.
and QUALCOMM Inc. announced that AT&T has agreed to purchase spectrum
licenses in the Lower 700 MHz frequency band from Qualcomm for $1.925 billion.
The move will bolster AT&T's ability to provide an advanced 4G mobile
broadband experience for its customers in the years ahead.
The stock is
up more than 3% year-to-date.
Sara Lee Corp. (NYSE:SLE) added 1.39% to $17.50. Sara Lee
Corporation is a global manufacturer and marketer of brand-name products for
consumers throughout the world focused primarily on the meats, bakery, beverage
and household products categories.
Wall Street price target on the stock is $17 and the high target is set at $19.
The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $15.31
and $14.69 respectively.
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