The opening statements in the patent infringement trial between Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co., Ltd. (KRX:005930) say a lot about what each side is going to hammer on. As far as Apple is concerned, the company’s main allegation is that Samsung realized early on that Apple’s iPhone was going to be a big hit, and so they proceeded to copy it in order to remain competitive.Apple Inc. (NASDAQ:AAPL) stock opened today at $542.38 and is currently trading at $541.29. The stock showed a negative weekly performance of -0.61%.
On March 20, 2014, Yelp Inc (NYSE:YELP) announced that it has signed a strategic deal with YP, the largest local ad platform in the U.S. The Company stated that the agreement will enable YP to enhance its customers’ business listings on Yelp and expand its distribution within the YP Local Ad Network to include Yelp’s consumer reach. Commenting on the agreement, David Krantz, CEO of YP stated, “This is a game changer for local businesses which will now gain industry leading consumer access to potentially reach 95 percent of the U.S. Internet market through YP and Yelp’s combined audiences.” Jeremy Stoppelman, CEO of Yelp, added, “This partnership allows Yelp to tap into YP’s, large, local sales force and advertiser base. Yelp’s significant consumer engagement combined with YP’s scale and advertiser reach will help both companies grow and take local advertising to the next level. Yelp Inc (NYSE:YELP) stock opened at $81.38, in current trading session and currently is at $78.35, by loosing -2.28%.The 52 week range of $22.48-$101.75. Company’s market capitalization is $5.54 billion.
Advanced Micro Devices Inc (NYSE:AMD) has already restructured operations and is now transforming itself from a supplier of PC microprocessors and graphics controllers to an SoC supplier of application-specific integrated circuits (ASICs) to PC, tablet, game console, professional graphics, embedded products and cloud server applications. New products accounted for over 30% of H213 sales, and management is targeting 50% by the end of 2015. Advanced Micro Devices, Inc. (NYSE:AMD) stock is currently trading at $4.09 .The EPS of the stock is -0.11. Company’s market capitalization is $2.97 billion.
Baidu Inc (ADR) (NASDAQ:BIDU) revealed that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2013 with the Securities and Exchange Commission (SEC) on March 28, 2014. The leading Chinese language internet search provider will make available the hard copy of its annual report, which contains audited consolidated financial statements, free of cost to its shareholders and ADS holders upon request. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened the session at $160.76, and now is at $161.01.The 52 week range of the BIDU stock remained $82.98-$189.34 and the day range was $160.04-$163.58.
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