Investor’s ALert: Twitter Inc (NYSE:TWTR), Renren Inc (NYSE:RENN), Baidu Inc (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Sohu.com Inc (NASDAQ:SOHU)

Posted by on Jul 01, 2014

Twitter Inc. (TWTR) has acquired mobile advertising technology firm, TapCommerce, for a sum of $100 million, according a report in Re/code. Twitter Inc (NYSE:TWTR) net profit margin is -93.70% and weekly performance is 3.67%. On last trading day company shares ended up $40.97. Analysts mean target price for the company is $43.81. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average is 12.24%.

Renren Inc (NYSE:RENN), will never be China’s Face book. Its early promise has faded along with users and revenue. Renren Inc (NYSE:RENN) shares advanced 0.60% in last trading session and ended the day on $3.34. RENN Gross Margin is 49.30% and its return on assets is 7.60%. Renren Inc (NYSE:RENN) quarterly performance is 2.14%.

On June 5,2014 Baidu, Inc. (NASDAQ: BIDU) (“Baidu” or the “Company”), the leading Chinese language Internet search provider, announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc (ADR) (NASDAQ:BIDU) shares moved up 1.00% in last trading session and was closed at $186.81, while trading in range of $184.16-4188.66. Baidu Inc (ADR) (NASDAQ:BIDU) year to date performance is 5.02%.

On May 21, 2014, Sina Corp. (SINA) released its unaudited financial results for Q1 2014. For the quarter, revenues rose by 36.1% YoY to $171.5 million. Non-GAAP net income for Q1 2014 was $11.1 million, compared to $1.5 million in Q1 2013.SINA Corp (NASDAQ:SINA) ended the last trading day at $49.77. Company weekly volatility is calculated as 4.90% and price to cash ratio as 1.82. SINA Corp (NASDAQ:SINA) showed a positive weekly performance of 9.29%.

Zacks reiterated their neutral rating on shares ofSohu.com (NASDAQ:SOHU) in a research note released on Thursday morning. They currently have a $61.00 target price on the stock. Sohu.com Inc (NASDAQ:SOHU) net profit margin is -8.10% and weekly performance is 2.74%. On last trading day company shares ended up $57.69. Analysts mean target price for the company is $70.41. Sohu.com Inc (NASDAQ:SOHU) distance from 50-day simple moving average (SMA50) is 0.24%.

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