LinkedIn Corp (NYSE:LNKD) forecast 2014 revenue below Wall Street’s expectations on Thursday, underscoring concerns about its ability to sustain its rapid growth and helping to drag its shares more than 3 percent lower. LinkedIn Corp (NYSE:LNKD) shares after opening at $160.64 moved to $161.64 on last trade day and at the end of the day closed at $147.73. Company price to sales ratio in past twelve months was calculated as 11.65 and price to cash ratio as 7.64. LinkedIn Corp (NYSE:LNKD) showed a negative weekly performance of -6.60%.
Lloyds Banking Group PLC (ADR) (NYSE:LYG) and BSkyB gave another boost to the FTSE 100 Index yesterday in a session when the pound rose to a new four-year high. Lloyds Banking Group PLC (ADR) (NYSE:LYG) shares advanced 1.47% in last trading session and ended the day on $5.53. LYG return on equity ratio is recorded as -1.50% and its return on assets is -0.10%. Lloyds Banking Group PLC (ADR) (NYSE:LYG) yearly performance is 63.61%.
Motorola Solutions Inc. (NYSE:MSI) reported disappointing financial results for the first quarter of 2014, where both its top and bottom line missed the Zacks Consensus Estimate. Motorola Solutions Inc. (NYSE:MSI) shares moved up 4.57% in last trading session and was closed at $65.51, while trading in range of $62.37 – $65.88. Motorola Solutions Inc. (NYSE:MSI) year to date (YTD) performance is -2.49%.
Telecom Italia SpA (ADR) (NYSE:TI) is adapting its strategy to the new reality of a communications sector where telecoms operators are having to compete with technological companies and is open to deals with OTT players such as Amazon and Facebook, according to the Italian incumbent’s CEO Marco Patuano. The competition of OTT companies is “a clear threat to those who have to invest billions of euros” in network development, said Patuano on the sidelines of a conference in Brussels organised by ETNO, the association of leading telecoms operators in Europe. However, Telecom Italia’s CEO went on to comment that “customer services cannot be limited to connectivity or voice alone”, which is why the Italian company has partnered with Amazon on preloaded apps and has agreements with Facebook on infrastructure issues. Telecom Italia SpA (ADR) (NYSE:TI) weekly performance is 8.11%. On last trading day company shares ended up $12.93. Telecom Italia SpA (ADR) (NYSE:TI) distance from 50-day simple moving average (SMA50) is 10.48%. Analysts mean target price for the company is $6.80.
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