Published On: Tue, Jun 14th, 2016

Major Development in Views- Microsoft (NASDAQ:MSFT), AbbVie (NYSE:ABBV), TransCanada (NYSE:TRP)

Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis] plummeted -2.60% to close at $50.14 with the total traded volume of 82.85 Million shares. Microsoft (MSFT) reported that recent console iteration in the Xbox lineup, the Xbox One S. At the Xbox E3 2016 Briefing, Microsoft Corp. unveiled a new family of Xbox One devices, a host of new Xbox Live features and the biggest lineup of games in Xbox history. Head of Xbox Phil Spencer underscored the Xbox team’s commitment to building a future of gaming beyond console generations and inviting gamers to play without boundaries. . The firm’s shares performance for the last one month was -1.98% and -3.82% in the previous week, whereas year to date performance was calculated -8.34%.

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AbbVie Inc. (NYSE:ABBV) [Trend Analysis] stock finished trading at $59.93 in last trading day. Coherus BioSciences offers update on IPRs; Patent Trial and Appeal Board institutes two additional IPRs against AbbVie’s (ABBV) patents (CHRS). The firm has attained a favorable decision from the Patent Trial and Appeal Board (PTABF) of the US Patent and Trademark office instituting Coherus’ petitions for Inter Partes Review (:IPR) of AbbVie’s U.S. Patents 9,017,680 and 9,073,987 (Patents ‘680 and ‘987, respectively) related to the dosing regimen for AbbVie’s Humira (adalimumab) to treat rheumatoid arthritis. . The stock has a 52-week high price of $-13.82% and its 52-week low was recorded at $34.52%.

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TransCanada Corporation (NYSE:TRP) [Trend Analysis] trade finished at $42.83 as shares decreasing -0.02%. TransCanada (TRP) IEnova JV to build, own and operate the $2.1 billionSur de Texas-Tuxpan natural gas pipeline in Mexico. TransCanada Corporation reported that its joint venture with Sempra Energy (SRE) subsidiary IEnova, Infraestructura Marina del Golfo, has been selected to build, own and operate the $2.1 billion Sur de Texas-Tuxpan natural gas pipeline in Mexico.

The project will be supported by a 25-year natural gas transportation service contract for 2.6 billion cubic feet a day with the Comision Federal de Electricidad, Mexico’s state-owned power firm.. As took noticed on firm performance, its weekly performance was -2.42%, monthly performance was 6.20%. The stock price of TRP is moving up from its 20 days moving average with 2.57% and isolated positively from 50 days moving average with 5.65%.

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