Qihoo 360 Technology Co. Ltd. (NYSE: QIHU), a leading Internet company in China, announced that it has appointed Ms. Jie Chen as Senior Vice President primarily responsible for platform operations such as PC browser and 360 Mobile Application Store as well as mobile games. The Company also appointed Mr. Guangdong Yu as Senior Vice President primarily responsible for development of Internet products such as start-up page and search as well as their commercialization. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares after opening at $91.51 moved to $93.96 on last trade day and at the end of the day closed at $93.85. Company price to sales ratio in past twelve months was calculated as 17.17 and price to cash ratio as 11.36. Qihoo 360 Technology Co Ltd (NYSE:QIHU) showed a positive weekly performance of 7.86%.
Facebook Inc (NASDAQ:FB) is making a late entrance into the game of electronic payments and money transfers dominated by the likes of PayPal (part of eBay Inc (NASDAQ:EBAY)) and The Western Union Company (NYSE:WU). Facebook is looking to enter the mobile payments business from its European base in Ireland and is close to getting approval for the same.Facebook Inc (NASDAQ:FB) shares fell -1.31% in last trading session and ended the day on $58.94. FB return on equity ratio is recorded as 11.30% and its return on assets is 9.40%. Facebook Inc (NASDAQ:FB) yearly performance is 129.43%.
Amazon.com, Inc. (NASDAQ:AMZN) claims to offer “Earth’s Biggest Selection” of products in the e-commerce space. We are not about to argue, seeing as Jeff Bezos’s company, incorporated in 1994, is already the largest online retailer in the US. Amazon.com, Inc. (NASDAQ:AMZN) shares moved up 0.38% in last trading session and was closed at $324.91, while trading in range of $319.76-$328.66. Amazon.com, Inc. (NASDAQ:AMZN) year to date performance is -18.53%.
The threat to Kansas City Southern (NYSE:KSU) Mexican rail concessions may be subsiding, CEO Dave Starling said during the company’s quarterly conference call on Wednesday.Starling said company officials expect a reasonable conclusion in Mexico now that the Kansas City-based company’s Mexican subsidiary — Kansas City Southern de México S.A. de C.V. — has had a chance to talk with Mexican senators. Starling said that led to a “dramatic shift” in the landscape of the discussion in Mexico City. Kansas City Southern (NYSE:KSU) weekly performance is 3.65%. On last trading day company shares ended up $101.14. Kansas City Southern (NYSE:KSU) distance from 50-day simple moving average is 2.94%. Analysts mean target price for the company is $108.00.
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