Turkish Prime Minister RecepTayyip Erdogan has reportedly supported his move to ban Twitter Inc. (NYSE:TWTR) in the country that comes as a part of the government’s step to limit the overboard actions of Turks. The country’s leadership had banned the social media on March 22 after some of the Turks had tweeted the links containing documents and recordings that disclosed the Erdogan’s link to the graft allegations, which later put the government under heat ahead of march 30 elections. Turkey’s attempt to shut down the microblogging site in the country has drawn criticism from the U.S. and Europe, who condemned the move and called is as a sort of book burning. In the meanwhile, Twitter Inc (NYSE:TWTR) has made a statement wherein it has expressed hope that it’s services shall soon be restored. Twitter Inc (NYSE:TWTR) shares after opening at $50.69 moved to $50.94 on last trade day and at the end of the day closed at $48.77. Company price to sales ratio in past twelve months was calculated as 26.60 and price to cash ratio as 7.92. Twitter Inc (NYSE:TWTR) showed a negative weekly performance of -6.30%.
Berry Plastics Group, Inc. (NYSE:BERY) announced that it has entered into a definitive agreement to acquire the U.S., Mexico, and India portions of Rexam’s Healthcare Containers and Closures (C&C) business. Berry Plastics has also made a binding offer to purchase the French portion of Rexam’s C&C business, which Rexam may accept after completion of the required consultation process with the works council in France. Upon completion of both transactions, Berry Plastics would pay approximately $135 million for the entire Healthcare Containers and Closures business unit, with the closing expected to take place in the second calendar quarter of 2014. The Company expects the acquisition, which will be funded from existing liquidity, to be deleveraging after achieving synergies. Berry Plastics Group Inc (NYSE:BERY) shares fell -0.99% in last trading session and ended the day on $22.96. BERY return on equity ratio is recorded as -30.50% and its return on assets is 1.40%. Berry Plastics Group Inc (NYSE:BERY) yearly performance is 19.83%.
LiveDeal Inc (NASDAQ:LIVE) is generating a lot of attention currently with its instant restaurant deals. And with this has come more opportunities for the company and worries for rivals or the so-called long-time online deals leaders likeGroupon Inc (NASDAQ:GRPN). LiveDeal Inc (NASDAQ:LIVE) Shares moved down -2.80% in last trading session and was closed at $7.80, while trading in range of $7.00-$7.54. LiveDeal Inc (NASDAQ:LIVE) year to date performance is 447.37%.
United Parcel Service, Inc. (NYSE:UPS) has celebrated the official opening of a $200 million expansion of its European air hub facilities at Cologne/Bonn Airport in Germany that will continue to serve as Europe’s window into the world of international trade and export. The expansion, which took two years to construct and has already created an additional 200 jobs, constitutes one of UPS’s largest facility investments in the company’s history and cements its position as the largest employer at the airport with more than 2,500 employees. United Parcel Service, Inc. (NYSE:UPS) weekly performance is 0.36%. On last trading day company shares ended up $97.34. United Parcel Service, Inc. (NYSE:UPS) distance from 50-day simple moving average is 0.75%. Analysts mean target price for the company is $108.74.
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