On 5 JUNE Baidu Inc (ADR) (NASDAQ:BIDU) announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is -1.99%. On last trading day company shares ended up $174.50. Analysts mean target price for the company is $1304.09. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 7.50%.
On 10 JUNE Weibo Corp (ADR) (NASDAQ:WB) reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $67.50 million for the quarter, compared to the consensus estimate of $25.90 million. Analysts expect that Weibo Corp (ADR) (NASDAQ:WB) will post $-0.02 EPS for the current fiscal year. Weibo Corp (ADR) (NASDAQ:WB) shares fell -1.19% in last trading session and ended the day on $19.88. WB Gross Margin is 68.00% and its return on assets is -20.00%.
On 4 JUNE Linn Energy LLC (NASDAQ:LINE) said it will begin trading ex-dividend. A cash dividend payment of $0.2416 per share is scheduled to be paid on June 12, 2014. Shareholders who purchased LINE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that Linn Energy LLC (NASDAQ:LINE) has paid the same dividend. Linn Energy LLC (NASDAQ:LINE) shares moved down -0.57% in last trading session and was closed at $31.19, while trading in range of $31.18 – $31.42. Linn Energy LLC (NASDAQ:LINE) year to date (YTD) performance is 6.23%.
On 26 MAY SINA Corp (NASDAQ:SINA) reported $0.15 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.15. The company had revenue of $171.50 million for the quarter, compared to the consensus estimate of $165.03 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 37.9% on a year-over-year basis. On average, analysts predict that SINA Corp will post $0.90 earnings per share for the current fiscal year. SINA Corp (NASDAQ:SINA) ended the last trading day at $45.05. Company weekly volatility is calculated as 2.96% and price to cash ratio as 1.65. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -0.68%.
Nestle SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS: NSRGY) said it is looking to increase its direct commodity purchases to secure the quality of its goods and supply chain. Currently 670k farmers are under company contract. Nestle SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS: NSRGY) on last trading day company shares ended up $77.89.
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