AbbVie Inc said it will buy Pharmacyclics Inc (NASDAQ:PCYC), the maker of blockbuster cancer drug Imbruvica, for about $21 billion to boost its oncology drugs pipeline. On Thursday shares of Pharmacyclics Inc. (NASDAQ:PCYC) closed at $254.22. Company’s sales growth for last 5 years was 139.30% and EPS growth for next 5 years is recorded as 0.16%.
Kathy Mikells, Xerox (NYSE:XRX) corporate executive vice president and chief financial officer, will speak at the Piper Jaffray Technology, Media and Telecommunications Conference on 10 March, 2015. Xerox Corporation (NYSE:XRX) in last trading activity increased 1.12% to close at $13.52. Company weekly performance is 1.20% while its quarterly performance stands at -1.89%. Xerox Corporation (NYSE:XRX) is -5.45% away from its 52 week high.
SunEdison, Inc.(NYSE:SUNE) and Solar Grid Storage LLC announced that SunEdison has acquired the energy storage project origination team, project pipeline, and subject to customary consents and assignments, four operating storage projects from Solar Grid Storage. On last trading day SunEdison, Inc. (NYSE:SUNE) increased 3.44% to close at $23.17. Its volatility for the week is 3.03% while volatility for the month is 3.86%. SUNE’s sales growth for past 5 years was 16.40% and its EPS growth for past 5 years was -69.80%. SunEdison, Inc. (NYSE:SUNE) monthly performance is 12.97%.
Gap Inc. (NYSE:GPS) posted a surprise drop in February same-store sales as its Gap Global and Banana Republic divisions both reported declines. Sales declined 4% while analysts surveyed by Thomson Reuters had projected a 1.4% increase. The Gap, Inc. (NYSE:GPS) has 40.80% insider ownership while its institutional ownership stands at 52.80%. In last trading activity company’s stock closed at $41.43.
Costco Wholesale (NASDAQ: COST) reported Q2 EPS of $1.35, $0.17 better than the analyst estimate of $1.18. Revenue for the quarter came in at $26.87 billion versus the consensus estimate of $27.7 billion. On last trading day Costco Wholesale Corporation (NASDAQ:COST) increased 2.72% to close at $151.17. Its volatility for the week is 1.27% while volatility for the month is 1.29%. COST’s sales growth for past 5 years was 9.50% and its EPS growth for past 5 years was 13.50%. Costco Wholesale Corporation (NASDAQ:COST) monthly performance is 1.83%.