International Business Machines Corporation (NYSE:IBM) closed at $138.46 with eases up of 0.33%. IBM (NYSE: IBM) forecasts online sales will grow by over 14.5% in excess of 2014. Led by mobile shopping, consumers point to the Apple Watch, Samsung, Sony and LG TVs, Microsoft Surface Pro 4 and more are at the top of their shopping lists, according to the IBM Watson Trend App. Accessible for free download in the Apple App Store, IBM Watson Trend features the hottest 100 consumer electronics, toys and health and fitness products at any given time. Beats headphones, earbuds, and speakers have been wildly popular since first appearing in 2008. Watson finds growing chatter about the Beats Solo2 Wired On-Ear headphones as well as the release of Dr. Dre’s unheard tracks on Apple’s Beats 1 streaming music channel. Additional trending headphones include Sennheiser, Bose, Skullcandy and Sure. Jordan Shoes: Known best for its original Air Jordan line of basketball sneakers, Jordan Brand has released a new line of performance running shoes. Watson finds that the line is being lauded for both their aesthetics and foot support and is gaining popularity amidconsumers who sported the original sneakers in the 1990s. The firm has yearly sales growth for the past five year of -0.60%. While past twelve months price to sales ratio recorded as 1.60 and price to cash ratio remained 14.04.
Frontier Communications Corporation (NASDAQ:FTR) shows upbeat performance surged 1.22% to trade at $4.96 in last session with shares volume of 3.77 Million. A service of Frontier Communications Corporation (FTR), Frontier Secure released a new, limited-time promotion to keep consumers supported, connected, and protected in time for the holidays. Starting (November 27), Frontier is proposing a credit of about $10 on the first month of service with the purchase of select Frontier Secure products, comprising Computer Security, Content Anywhere, Identity Protection, Equipment Protection Plans, Premium Technical Support and bundles. Brent Heilman, Director of Product Development for Frontier Secure, notes “At this time of year, many are buying devices like smartphones, tablets, and laptops, which are often a big investment. We help keep those devices secure and help our consumers save so they can get the most value for their money.” The Firm showed a negative -2.70% in the net profit margin and in addition to its operating margin, which remained 13.40%
NXP Semiconductors NV (NASDAQ:NXPI) surged 4.59% during the previous trading session as the firm opened its session at $84.90. NXP Semiconductors N.V. (NXPI) reported that it has attained final regulatory authorization from the Ministry of Commerce of China to complete its merger with Freescale Semiconductor, Ltd. The firm has now attain all necessary regulatory authorization s for the merger with Freescale, and the sale of its RF Power business to Jianguang Asset Management Co. Ltd for which divestment is a condition for the Freescale merger. The Firm expects to close the merger transaction and the divestment of its RF Power business on December 7, 2015. The firm held price to earnings ratio of 30.68.