Russian stocks trading in New York gained for a fourth day, led by search engine company Yandex NV (NASDAQ:YNDX), as President Vladimir Putin’s pledge to pull troops back from Ukraine’s border damped concern the dispute will escalate. Yandex NV (NASDAQ:YNDX) net profit margin is 33.90% and weekly performance is 6.67%. On last trading day company shares ended up $28.30. Analysts mean target price for the company is $1444.67. Yandex NV (NASDAQ:YNDX) distance from 50-day simple moving average (SMA50) is -4.80%.
Attorney General Greg Abbott sued Xerox Corp. (NYSE:XRX) Friday over allegations that it let unscrupulous dentists put braces on thousands of poor children who didn’t meet the government’s strict criteria for the expensive work. Also Friday, the state’s Medicaid agency said it would terminate Xerox’s five-year, $759 million claims administration contract “for cause” about three years early. Xerox Corp (NYSE:XRX) shares fell -0.67% in last trading session and ended the day on $11.84. XRX gross Margin is 30.90% and its return on assets is 3.90%.Xerox Corp (NYSE:XRX) quarterly performance is 14.40%.
Youku Tudou Inc (ADR) logo Maxim Group reissued their sell rating on shares of Youku Tudou Inc (ADR) (NASDAQ:YOKU) in a research note released on Thursday morning, Analyst Ratings Net reports. Youku Tudou Inc. (ADR) (NYSE:YOKU) shares moved up 0.62% in last trading session and was closed at $20.97, while trading in range of $20.51 – $21.30. Youku Tudou Inc. (ADR) (NYSE:YOKU) year to date (YTD) performance is -30.79%.
South Korea’s top music agency, SM Entertainment, and Baidu Inc. (ADR) (NASDAQ:BIDU) operator of China’s biggest search engine, announced Thursday they are forming a strategic alliance to jointly promote “legal” music downloads and K-pop songs in China. Baidu Inc. (ADR) (NASDAQ:BIDU) ended the last trading day at $152.85. Company weekly volatility is calculated as 3.63% and price to cash ratio as 8.44.Baidu Inc. (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -4.41%.
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