Market experts estimated Q1 EPS of IAC/InterActiveCorp (NASDAQ:IACI) at $0.55, but when the financial results were announced few days back, company reported a higher than expected EPS figure of $0.59 which nowadays is not seen in the market. Not only in terms of EPS, but company outperformed the market in terms of revenue also. IAC/InterActiveCorp (NASDAQ:IACI) shares after opening at $65.11 moved to $65.52on last trade day and at the end of the day closed at $65.06. Company price to sales ratio in past twelve months was calculated as 1.79 and price to cash ratio as 5.19. IAC/InterActiveCorp (NASDAQ:IACI) showed a negative weekly performance of -1.00%.
58.com Inc. (NYSE:WUBA) on 23 April announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2013 with the Securities and Exchange Commission on April 23, 2014. 58.com Inc. (ADR) (NYSE:WUBA) shares fell -2.30% in last trading session and ended the day on $41.59. WUBA return on equity ratio is recorded as -4.20% and its return on assets is 1.80%.
Consumer rights law firm Hagens Berman has announced a class action suit against Google (NASDAQ:GOOG)(NASDAQ:GOOGL), alleging that the company has participated in anti-competitive behavior that has artificially raised the price of smartphones running on Android and led to stagnation in the mobile search market. The lawsuit claims that Google is in violation of several antitrust acts and calls for the company to reimburse consumers who bought Android phones at an artificially inflated price. Google Inc. (NASDAQ:GOOGL) shares moved down 0.87% in last trading session and was closed at $533.87, while trading in range of $533.34 – $542.40. Google Inc. (NASDAQ:GOOGL) year to date (YTD) performance is -4.82%.
Google Inc. (NASDAQ:GOOG) was sued over claims it abused its market power by forcing hand-held device makers that use its Android operating system also to provide the search engine company’s applications. Google Inc. (NASDAQ:GOOG) weekly performance is 2.28%. On last trading day company shares ended up $527.93. Google Inc. (NASDAQ:GOOG) distance from 50-day simple moving average (SMA50) is -2.58%.
TripAdvisor (NASDAQ:TRIP) the world’s largest travel site today announced it has acquired London-based Tripbod, a travel community that helps connect travelers to local experts and, in doing so, is able to deliver to travelers relevant recommendations direct from a local expert. Tripbod employees will operate out of the TripAdvisor London office. Tripadvisor Inc. (NASDAQ:TRIP) shares after opening at $83.63 moved to $85.56 on last trade day and at the end of the day closed at $82.60. Company price to sales ratio in past twelve months was calculated as 12.47 and price to cash ratio as24.43. TripAdvisor (NASDAQ:TRIP) showed a positive weekly performance of 6.73%.
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