E-commerce behemoth EBay Inc. (NASDAQ:EBAY) launched a full-priced designer shopping destination Tuesday in a play to expand beyond its roots as an auction site. eBay Inc. (NASDAQ:EBAY) net profit margin is -0.90% and weekly performance is -3.21%. On last trading day company shares ended up $48.83. Analysts mean target price for the company is $61.69. eBay Inc. (NASDAQ:EBAY) distance from 50-day simple moving average (SMA50) is -7.03%.
Berkshire Hathaway Inc. (NYSE:BRK.A) which owns stakes in North American pipelines, railroads, utilities and oil and gas producers, plans to double its U.S. investments in renewables and continue to take bets on oil and gas reserves, pipelines and transport, Chairman Warren Buffett said this week. Berkshire Hathaway Inc. (NYSE:BRK.A) shares advanced 0.03% in last trading session and ended the day on $192,357.00. BRK-A gross Margin is 24.80% and its return on assets is 4.10%.Berkshire Hathaway Inc. (NYSE:BRK.A) quarterly performance is 2.45%.
Spark Networks Inc. (NYSEMKT:LOV) announced on 12 may Net loss in the first quarter of 2014 was $2.9 million, or $0.12 per share, compared to a net loss of $2.9 million, or $0.14 per share, in the year ago period and a net loss of $3.5 million or $0.15 per share in the prior quarter. Spark Networks Inc. (NYSEMKT:LOV) shares moved down -2.85% in last trading session and was closed at $4.77, while trading in range of $4.76 – $4.98. Spark Networks Inc. (NYSEMKT:LOV) year to date (YTD) performance is -22.56%.
Morgan Stanley reiterated their equal weight rating on shares of Phoenix New Media Ltd ADR (NASDAQ:FENG) in a research report released on Tuesday morning, Analyst Ratings Network reports. Morgan Stanley currently has a $10.20 price objective on the stock. Phoenix New Media Ltd ADR (NYSE:FENG) ended the last trading day at $10.55. Company weekly volatility is calculated as 3.75% and price to cash ratio as 3.55.Phoenix New Media Ltd ADR (NYSE:FENG) showed a positive weekly performance of 7.22%.
Koninklijke KPN N.V. (ADR) (OTCMKTS:KKPNY) announced on 25 April Net profit for the first three months of the year slumped to EUR3 million ($4.1 million), from EUR152 million a year earlier. Operating income from its consumer mobile business was down 61%, caused by fierce competition in its home market of the Netherlands, while operating income from corporate business fell 22% amid lower demand. On last trading day company shares ended up $3.73.
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