Though recent political events did have an impact on Russia’s search engine’s stocks, Yandex NV (NASDAQ:YNDX)’s increasing earnings, strong basics and economics keeps it ticking. The stocks dropped about 38% in response to Ukrainian crisis, sanctions on Russia and President Putin’s decisions to tighten the laws binding the Internet industry in Russia. The company’s stocks are undervalued now and increase in profits is due to show a positive effect on the shares. Yandex NV (NASDAQ:YNDX) shares after opening at $27.37 moved to $28.88 on last trade day and at the end of the day closed at $27.84. Company price to sales ratio in past twelve months was calculated as 8.11 and price to cash ratio as 9.62. Yandex NV (NASDAQ:YNDX) showed a positive weekly performance of 4.90%.
AT&T Inc. (NYSE:T), the second-biggest U.S. mobile-phone carrier, is in talks to buy satellite-television company DirecTV (DTV:US), people with knowledge of the situation said. AT&T Inc. (NYSE:T) shares advanced 1.79% in last trading session and ended the day on $36.40. T return on equity ratio is recorded as 20.60% and its return on assets is 6.60%. AT&T Inc. (NYSE:T) yearly performance is 1.39%.
Baidu Inc (ADR) (NASDAQ:BIDU) recently announced its 1Q14 results, i.e. quarter ending March 31, 2014. Total revenue for the firm was RMB 9.497 billion ($1.528 billion) in 1Q14, up by 59.1% from RMB 5.969 billion same period prior year. The operating profit stood at RMB 2.374 billion, up by 7.4% from RMB 2.210 billion in 1Q13. Net income attributable in 1Q14 was RMB 2.535 billion, a 24.1% increase from the same period last year. Baidu Inc. (ADR) (NASDAQ:BIDU) shares moved down -0.59% in last trading session and was closed at $150.38, while trading in range of $149.31 – $154.59. Baidu Inc. (ADR) (NASDAQ:BIDU) year to date (YTD) performance is -15.46%.
Youku Tudou Inc. (ADR) (NASDAQ:YOKU)‘s stock had its “sell” rating reiterated by research analysts at Maxim Group in a report released on Thursday, Analyst Ratings Network.com reports. They currently have a $18.00 price objective on the stock, down from their previous price objective of $24.00. Youku Tudou Inc. (ADR) (NYSE:YOKU) weekly performance is -6.55%. On last trading day company shares ended up $20.84. Youku Tudou Inc. (ADR) (NYSE:YOKU) distance from 50-day simple moving average (SMA50) is -24.44%. Analysts mean target price for the company is $186.28.
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