Energy Select Sector SPDR (ETF) NYSE:XLE advanced by 0.07%, closed at $54.84 while total volume was 16.77 million shares and price to earning ratio remained 3.43. Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Energy Select Sector of the S&P 500 Index (the Index). Energy companies in the Index primarily develop and produce crude oil and natural gas, and provide drilling and other energy-related services. The Fund utilizes a passive or indexing investment approach to attempt to approximate the investment performance of the Index. The Fund�s investment advisor is SSgA Funds Management, Inc.
QUALCOMM, Inc. NASDAQ:QCOM gained by 1.17%, closed at $43.51 while overall volume was 16.77 million shares and price to earning ratio stood at 22.89. QUALCOMM Incorporated (QUALCOMM) designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. The Company operates through four segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); Qualcomm Wireless & Internet (QWI), and Qualcomm Strategic Initiatives (QSI). QCT is a developer and supplier of CDMA-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products. QTL grants licenses to use portions of its intellectual property portfolio, which includes certain rights essential to and/or useful in the manufacture and sale of certain wireless products.
News Corporation NASDAQ:NWSA declined by 1.21%, closed at $13.82 with the traded volume of 16.60 million shares and price to earning ratio remained 14.32. News Corporation is a diversified global media company. It has operations in eight segments: Filmed Entertainment, Television, Cable Network Programming, Direct Broadcast Satellite Television, Integrated Marketing Services, Newspapers and Information Services, Book Publishing, and Others. The Company�s activities are conducted in the United States, the United Kingdom, Continental Europe, Australia, Asia and Latin America. In April 2010, the Company completed the sale of bTV, its Bulgarian terrestrial television business, to Central European Media Enterprises (CME). In June 2010, the Company acquired Skiff, LLC.
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