MArket Movers: BlackBerry Ltd (NASDAQ:BBRY), Baidu Inc (ADR) (NASDAQ:BIDU), Weibo Corp (ADR) (NASDAQ:WB), YY Inc (ADR) (NASDAQ:YY), Yandex NV (NASDAQ:YNDX)

On 24 JUNE BlackBerry Ltd (NASDAQ:BBRY) reported ($0.37) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.25) by $0.12. During the same quarter last year, the company posted ($0.13) earnings per share. On average, analysts predict that BlackBerry will post $-0.67 earnings per share for the current fiscal year. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 20.39%. On last trading day company shares ended up $9.98. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 29.53%.

On 24 JUNE Baidu Inc (ADR) (NASDAQ:BIDU) and the Chinese Center for Disease Control (“CDC”) said they will launch a prediction tool to help forecast flu outbreaks, similar to Google Flu Trends. The tool will use big data analysis and users’ locations to understand flu trends in the country that suffered from the SARS outbreak in 2003. Lai Shengjie, a researcher at the CDC’s infection prevention and control department, said that they are well aware of the flaws of Google Flu Trends and will adjust the data by repeatedly comparing the data-generated trends with traditional flu surveillance results. Baidu Inc (ADR) (NASDAQ:BIDU) shares advanced 1.80% in last trading session and ended the day on $184.46. BIDU Gross Margin is 62.80% and its return on assets is 16.80%. Baidu Inc (ADR) (NASDAQ:BIDU) quarterly performance is 21.26%.

On 10 JUNE Weibo Corp (ADR) (NASDAQ:WB) reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $67.50 million for the quarter, compared to the consensus estimate of $25.90 million. Analysts expect that Weibo Corp will post $-0.02 EPS for the current fiscal year. Weibo Corp (ADR) (NASDAQ:WB) shares moved up 2.37% in last trading session and was closed at $20.34, while trading in range of $19.71 – $20.50. Weibo Corp (ADR) (NASDAQ:WB) year to date (YTD) performance is 0.49%.

On 9 JUNE YY Inc (ADR) (NASDAQ:YY) reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.06. The company had revenue of $107.20 million for the quarter, compared to the consensus estimate of $95.29 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 111.4% on a year-over-year basis. Analysts expect that YY Inc will post $2.39 EPS for the current fiscal year. YY Inc (ADR) (NASDAQ:YY) ended the last trading day at $74.03. Company weekly volatility is calculated as 4.15% and price to cash ratio as 5.45. YY Inc (ADR) (NASDAQ:YY) showed a positive weekly performance of 0.87%.

On 3 JUNE Yandex NV (NASDAQ:YNDX) said it broadening its investor base and conforming to the government’s campaign to get local companies to cut dependence on foreign bourses. Yandex NV (NASDAQ:YNDX) net profit margin is 32.50% and weekly performance is 2.29%. On last trading day company shares ended up $34.90. Analysts mean target price for the company is $1376.10. Yandex NV (NASDAQ:YNDX) distance from 50-day simple moving average (SMA50) is 14.35%.

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