On 20 MAY NewLead Holdings Ltd (NASDAQ:NEWL) saw its share volume skyrocket with 53,784,706 shares exchanging hands, 53 times higher than its three month daily average volume of 1,103,920 shares. NewLead Holdings Ltd (NASDAQ:NEWL) weekly performance is 800.00%. On last trading day company shares ended up $3.51. Analysts mean target price for the company is $1.00. NewLead Holdings Ltd (NASDAQ:NEWL) distance from 50-day simple moving average (SMA50) is -92.01%.
Apollo Education Group Inc (NASDAQ:APOL) announced its wholly-owned subsidiary Apollo Global, Inc. closed on the acquisition of an 81% consolidated interest in Milpark Education (Pty) Ltd. (“Milpark Education”), one of South Africa’s leading private tertiary education providers, for approximately ZAR 265 million (USD 25.6 million based on current exchange rates).Apollo Education Group Inc (NASDAQ:APOL) shares fell -9.34% in last trading session and ended the day on $27.31. APOL Gross Margin is 57.10%and its return on assets is 8.30%. Apollo Education Group Inc (NASDAQ:APOL) quarterly performance is -20.40%.
SINA Corp (NASDAQ:SINA) reported its own earnings results for 1QFY14 yesterday as well. SINA Corp (NASDAQ:SINA) reported ad revenues of $135.7 million for the quarter – toward the higher end of its earlier guidance of $136 million. Ad revenues were up 44% year-over-year (YoY), and non-ad revenues also increased 13% YoY. Total sales touched $35.8 million, topping the company’s guidance of $31 million. Expenses rose from $74.5 million in 1QFY13 to $111.7 million in the same period of the current year, led by a surge in personnel and marketing expenditures.SINA Corp (NASDAQ:SINA) shares moved down -10.11% in last trading session and was closed at $43.02, while trading in range of $43.00 – $46.69. SINA Corp (NASDAQ:SINA) year to date (YTD) performance is -48.94%.
Trina Solar Limited (ADR) (NYSE:TSL) reported earnings of 37 cents per American Depository Shares (ADS) in the first quarter of 2014 as against a loss of 90 cents per ADS in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by a whopping 3700.0%. The higher-than-expected earnings propelled the shares by 30.9%.Trina Solar Limited (ADR) (NYSE:TSL) ended the last trading day at $12.83. Company weekly volatility is calculated as 8.02% and price to cash ratio as 1.88. Trina Solar Limited (ADR) (NYSE:TSL) showed a positive weekly performance of 21.04%.
Weibo Corp (ADR) (NASDAQ:WB) was successful to enhance its daily active users by 37% in the first quarter as nearly 618 million internet users in China shifted to content on their tablet computers and smartphones. Also, CEO Wang Gaofei is stepping up investment in product development and marketing to keep competition at bay from rivals like WeChat messaging application from Tencent Holdings Ltd.
Weibo Corp (ADR) (NASDAQ:WB) net profit margin is -74.70%and weekly performance is -8.47%. On last trading day company shares ended up $18.05. Analysts mean target price for the company is $25.00. Weibo Corp (ADR) (NASDAQ:WB) distance from 50-day simple moving average (SMA50) is -8.19%.
Leave a Reply