JD. Com Inc announces initial public offering of American depositary shares, or ADSs. Company intends to apply to list the ADSs on the NASDAQ Global Select Market, or NASDAQ, under the symbol JD. Company intends to use net proceeds to expand fulfillment infrastructure by acquiring land use rights, building new warehouses and establishing more delivery stations and balance for general corporate purposes. The price of JD.com, Inc. (JD), Internet Information Providers company, stock boosted 2.28% to $27.79. The stock is dealing at -6.11% below its 52-week high and 39.37% above its 52-week low. In valuation, JD.com, Inc. maintained 73.13x price to book and 3.03x price to sales ratio. Company also recorded 0.54x debt over equity financial leverage. JD showed 4.55% weekly performance. Experts rate it a ‘Strong Buy’ stock.
Xerox Corp. (XRX) will host an Annual Meeting of Shareholders at 45 Glover Avenue Norwalk, Conn.
The event is scheduled to begin at 9:00 AM ET on May 20,2014.
To access the live webcast, log on at
http://event.honeycast.com/xerox/20140520/ Xerox Corp. (XRX), Information Technology Services, is currently trading at $12.61, which slashed -0.16%. The stock is trading -3.07% below its 50 days high and 14.53% above its 50 days low. Company’s forward price to earnings ratio is 10.57x with0.00% EPS growth and -1.60% Sales growth quarter over quarter. XRX’s year to date performance is 4.21%. We recommend to ‘Hold’ the stock.
Microsoft Corp. (MSFT) and salesforce.com (CRM) reported a strategic partnership to create new solutions that connect salesforce.com’s customer relationship management apps and platform to Microsoft Office and Windows so customers can be further productive. Terms of the deal were not disclosed. Both companies said they plan to supply Salesforce1 for Windows and Windows Phone 8.1 and will enable customers to access Salesforce and run their business from their Windows devices. Salesforce.com (CRM), Application Software, is currently trading at $54.31, which boosted 2.39%. The stock is trading -8.49% below its 50 days high and 12.72% above its 50 days low. The RSI of stock currently approaches at the level of 56.25 with 2.39% weekly volatility. The firm maintained its -$0.43 EPS for the stock. CRM showed 5.60% half yearly performance. We recommend to ‘Buy’ the stock.
Express Scripts Holding Co expects Q2 2014 adjusted earnings per share of $1.20 to $1.24. Company expects FY 2014 adjusted EBITDA of $6.775 to $6.975 billion. Company expects FY 2014 adjusted earnings per share of $4.82 to $4.94 and Q2 2014 EPS of $1.27 and FY 2014 EBITDA of $6.982 billion and EPS of $4.95 . Express Scripts Inc. (ESRX), Health Care Plans, is currently trading at $71.59, which swung 0.03%. The stock is trading -9.80% below its 52-week high and 20.93% above its 52-week low. Market capitalization of Express Scripts Inc. is worth nearly $55380.59 million. The stock is currently trading at a P/E multiple of 31.26x with 2.37x PEG Ratio. ESRX showed 0.29% weekly performance. Analysts rate it a ‘Buy’ stock.