On Tuesday, Shares of JD.Com Inc (ADR)(NASDAQ:JD), added 5.29% and closed at $27.49 in the last trading session. The last trading range of the stock ranges between $26.12 and $29.24. JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It mainly offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books. The company sells its products directly to customers through its Website jd.com and mobile applications. It also provides an online marketplace for third-party sellers to sell products to customers through its Website and mobile applications; and services, such as advertising, transaction processing, and financing, in addition to offers a suite of value-added fulfillment and other services for third-party sellers. As of June 21, 2016, the company operated 7 fulfillment centers and 213 warehouses, and total 5,367 delivery stations and pickup stations in 2,356 counties and districts across the People’s Republic of China.
Applied Materials, Inc. (NASDAQ:AMAT), dropped -1.04% and closed at $29.61 in the last trading session. The last trading range of the stock ranges between $29.52 and $30.13. The company’s Market capitalization is $31.76 Billion with the total Outstanding Shares of 1.08 Billion. At its 2016 Analyst Day, Applied Materials, Inc. detailed its innovation leadership strategy to drive sustainable growth and declared target non-GAAP adjusted earnings per share of $2.45 to $3.17 for fiscal 2019, with a midpoint of $2.80. This would represent compound earnings growth of about 17 percent over the next three years.
Applied highlighted how the semiconductor industry’s major transition from lithography-based scaling to materials-facilitated scaling has raised Applied’s addressable opportunity from 53 percent of WFE spending in calendar 2012 to an estimated 63 percent this year. With the broadest portfolio of materials engineering technologies and its unique Product Development Engine process, Applied now anticipates to achieve a 4-point gain in its share of WFE spending and nearly double its display business, from 2012 through 2016. By delivering enabling service products to support customers as they make these challenging technology transitions, the company anticipates to grow its services business revenue by $600 million from fiscal 2013 through 2016.
“Our innovation leadership strategy, combined with the breadth and depth of our materials engineering capabilities, puts Applied in an exclusive position to sustainably outperform our markets,” said Gary Dickerson, president and CEO. “Over the past few years, we strengthened our organization and processes while increasing investment in R&D, so that recently we see opportunities earlier, develop winning products faster and are delivering raised value for customers and shareholders.”
Cliffs Natural Resources Inc (NYSE:CLF), lost -5.12% and closed at $5.56 in the last trading session. The last trading range of the stock ranges between $5.53 and $5.87. During the 52-week trading session the minimum price at which share price traded, registered at $1.20 and reached to max level of $8.45. Cliffs Natural Resources Inc. (CLF) recently said it will be announcing third-quarter 2016 financial results before the U.S.-market open on Thursday, October 27, 2016.