Facebook Inc. (NASDAQ:FB) The world’s No.1 Internet social network said in March it was developing drones and satellites as part of an ambitious effort to beam Internet connectivity to people in underdeveloped parts of the world. The move extends Facebook Inc.’s Internet.org effort, aimed at connecting billions of people who do not currently have Internet access in places such as Africa and Asia. Facebook Inc. (NASDAQ:FB) shares after opening at $59.94 moved to $60.20 on last trade day and at the end of the day closed at $56.75. Company price to sales ratio in past twelve months was calculated as 18.38 and price to cash ratio as 12.64. Facebook Inc. (NASDAQ:FB) showed a negative weekly performance of -5.43%.
Zynga (NASDAQ:ZNGA) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Wednesday, Analyst Ratings Network reports. They currently have a $5.40 target price on the stock. Zacks‘s price objective indicates a potential upside of 30.12% from the stock’s previous close. Zynga Inc. (NASDAQ:ZNGA) shares advanced 1.20% in last trading session and ended the day on $4.20. ZNGA return on equity ratio is recorded as -2.00% and its return on assets is -1.60%. Zynga Inc. (NASDAQ:ZNGA) yearly performance is 18.31%.
Drugstore chain retailer, Rite Aid Corporation’s (RAD) comparable store sales (comps) for the four weeks ended Mar 29, 2014, increased 0.7%. The growth was attributable to a rise in pharmacy comps and improved prescription count at comparable stores, partly offset by decline in front-end comps. Rite Aid Corporation (NYSE:RAD) shares moved down -4.47% in last trading session and was closed at $6.20, while trading in range of $6.16 – $6.68. Rite Aid Corporation (NYSE:RAD) year to date (YTD) performance is 22.53%.
Yahoo! Inc. (NASDAQ:YHOO) Unveils Massive New Encryption Scheme to Protect Users. Yahoo! Inc. (NASDAQ:YHOO) weekly performance is -4.57%. On last trading day company shares ended up $34.26. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -8.42%. Analysts mean target price for the company is $40.71.
Leave a Reply