Yelp Inc. (NYSE:YELP), the operator of consumer review website Yelp.com, reported a better-than-expected 66% jump in quarterly revenue due to higher revenue from local advertising on mobile devices. Yelp Inc. (NYSE:YELP) shares after opening at $57.33 moved to $58.88 on last trade day and at the end of the day closed at $58.32. Company price to sales ratio in past twelve months was calculated as 17.91 and price to cash ratio as 10.70. Yelp Inc. (NYSE:YELP) showed a negative weekly performance of -9.58%.
Google Inc. (NASDAQ:GOOG) Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the United States since the Cold War, the Russian president last week said his government needs to impose greater control over information flows through the web, which the former KGB colonel called a creation of U.S. spy agencies. Google Inc. (NASDAQ:GOOG) shares fell -0.20% in last trading session and ended the day on $526.66.
Shares of Twitter Inc. (NYSE:TWTR) dropped in morning trading Wednesday to their lowest point since the company went public in November. Investor concern remains over the short messaging service’s ability to keep adding users and keep existing users engaged. Twitter Inc. (NYSE:TWTR) shares moved down -8.56% in last trading session and was closed at $38.97, while trading in range of $37.24 – $38.98. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -38.77%.
Apple Inc.’s (NASDAQ:AAPL) iOS platform received a nearly clean bill of health from Finnish security firm F-Secure yesterday, as an article and PDF posted on the Scandinavian firm’s website proclaims. Apple Inc. (NASDAQ:AAPL) weekly performance is 12.45%. On last trading day company shares ended up $590.09. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 10.38%. Analysts mean target price for the company is $614.00.
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