QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.27% to close at $65.20 with the total traded volume of 5.93 Million shares. Qualcomm Inc (QCOM) inked a patent license contract with Meizu Technology Co., Ltd. to develop, manufacture and sell CDMA2000, WCDMA and 4G LTE complete devices.
This contract resolves all of the patent disputes between Qualcomm and Meizu in China, Germany, France, and the United States. Qualcomm said that the royalties payable by Meizu in China are consistent with the terms of the rectification plan submitted by Qualcomm to China’s National Development and Reform Commission. The firm has institutional ownership of 80.20%, while insider ownership included 0.17%. Its price to sales ratio ended at 4.14. QCOM attains analyst recommendation of 2.30 with week’s performance of -2.34%.
Aon plc (NYSE:AON) [Trend Analysis] climbed reacts as active mover, shares an increase 0.10% to traded at $111.53 and the percentage gap between open changing to regular change was 0.31%. Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), has declared the appointment of Peter Zhang as the new Chief Executive Officer for its consulting business in Greater China, effective immediately. He will succeed Klaus Liu, who will take on the role of Chairman.
Peter has been with Aon Hewitt for 8 years and is a recognized thought leader in the human resources field in Asia. Prior to this role, Peter was the compensation practice leader for Aon Hewitt Greater China, and specialized in broad based rewards consulting as well as the China healthcare industry.
Commenting on his appointment, Peter said: “I am excited to take on this critical role at Aon in this era of the new normal. We have strong capabilities in China and I look forward to helping our clients deliver business performance through their people.”
The firm’s current ratio calculated as 1.10 for the most recent quarter. The firm past twelve months price to sales ratio was 2.52 and price to cash ratio remained 30.91. As far as the returns are concern, the return on equity was recorded as 26.50% and return on investment was 13.90% while its return on asset stayed at 5.60%. The firm has total debt to equity ratio measured as 1.16.