Microsoft Corporation (NASDAQ:MSFT) declined turns in hot stance in regular session as it -0.23% to $64.57 in the session with shares volume of 23.08 Million. Many believe drones are slowly becoming the next big wave in transportation. Flying copters are being used for a vast range of things, from imaging to food delivery. Yet drones still tend to bring a sense of unease when you see one flying about in the air.
There are a lot of variables like wind speed, rain, light and electric poles, other flying objects, and so on involved during a drone’s flight path. Microsoft is trying to help tackle that by introducing a simulation tool that will allow you to test drones minus the real-world risks. A research team at Microsoft has a simulation tool that is open for anyone who want to test their autonomous machines and prepare them for the real world.
The simulation is not only for drones but also for self-driving cars and robots as well. AshishKapoor, a Microsoft researcher who is leading the project, said “they hope the tools will spawn major progress in creating artificial intelligence gadgets we can trust to drive our cars, deliver our packages and maybe even do our laundry.” The Company showed a positive 19.60% in the net profit margin and in addition to its operating margin which remained 22.80%.
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Duke Energy Corporation (NYSE:DUK) tries to make charm in street, as shares traded at $78.04 with decreases of -0.83% in last trading session. Duke Energy Corp. (DUK) declared a fourth-quarter loss of $230.7 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 33 cents. Earnings, adjusted to account for discontinued operations and non-recurring costs, were 81 cents per share. The results met Wall Street expectations.
The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 81 cents per share. The electric utility posted revenue of $5.62 billion in the period. For the year, the company declared profit of $2.15 billion, or $3.11 per share. Revenue was declared as $22.74 billion. Duke Energy expects full-year earnings in the range of $4.50 to $4.70 per share. The firm has annual sales growth for the past five year of 10.40%. While past twelve months price to sales ratio recorded as 2.31 and price to cash ratio remained 8.70.
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Shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI) crashed down -1.39% to finish at $17.75 in last run as Pennsylvania Real Estate Investment Trust (NYSE:PEI) declared that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on March 15, 2017 to common shareholders of record on March 1, 2017. The March 15th dividend payment will be the Company’s 160th consecutive distribution since its initial dividend paid in August of 1962.
The Company also declared recently that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares, $0.460938 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares, and an initial cash dividend of $0.24 per share to holders of its 7.20% Series C Preferred Shares. These dividends are payable on March 15, 2017 to holders of record on March 1, 2017. The Series C dividend represents the dividend accrued from the date of the original issuance of the Series C Preferred Shares to the dividend payment date.
Looking toward firm’s returns performance, it has return on equity of -7.20% and returns on assets was calculated -1.60% with -6.38% year to date performance. The annual sales growth for the past five year was 0.00%.
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