Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis] climbed reacts as active mover, shares an increase 0.38% to traded at $57.89 and the percentage gap between open changing to regular change was 0.40%. Tech giant Microsoft has acquired artificial intelligence (AI)-based scheduling service Genee that simplifies the scheduling and rescheduling of large group meetings for companies.Microsoft will integrate the AI technology into Office 365 before shutting down Genee.
Corporate Vice President, Outlook and Office 365, Rajesh Jha, stated in a blog post, “Microsoft has signed an agreement to acquire Genee, an artificial-intelligence-powered scheduling service.” Co-founders Ben Cheung and Charles Lee, who plan to join Microsoft, started Genee in 2014 to simplify the time-consuming task of scheduling meetings. The firm’s current ratio calculated as 2.40 for the most recent quarter. The firm past twelve months price to sales ratio was 5.29 and price to cash ratio remained 3.98. As far as the returns are concern, the return on equity was recorded as 29.00% and return on investment was 13.50% while its return on asset stayed at 12.00%. The firm has total debt to equity ratio measured as 0.75.
Dominion Resources, Inc. (NYSE:D) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.59% to $75.83. Power producer Dominion Resources, Inc. (D) and natural gas company Questar Corp. (STR) stated that the Public Service Commission of Utah has approved their merger, thereby moving the proposed combination one step closer to finalization.
The approval is subject to terms and conditions of an agreed settlement stipulation. With the PSC of Utah’s action, the final regulatory approval needed to complete the merger is pending with the Wyoming Public Service Commission. The companies expect the transaction to close in 2016 shortly after final regulatory approval is received. In early January, Dominion Resources said it has agreed to acquire Questar in an all-cash transaction valued at about $4.4 billion. The share price of D attracts active investors, as stock price of week volatility recorded 1.66%. The stock is going forward to its 52-week low with 19.84% and lagging behind from its 52-week high price with -3.98%.
Yandex N.V. (NASDAQ:YNDX) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.40% to close at $22.44 with the total traded volume of 2.58 Million shares. The firm has institutional ownership of 81.70%, while insider ownership included 2.92%. Its price to sales ratio ended at 7.26. YNDX attains analyst recommendation of 2.50 with week performance of -3.90%.