Jaron Brown Womens Jersey Market Movers: SINA Corp (NASDAQ:SINA), Baidu (ADR) (NASDAQ:BIDU), Sprint Corporation (NYSE:S), AT&T (NYSE:T), BASF SE (ADR) (OTCMKTS:BASFY) | Gaining Green

Market Movers: SINA Corp (NASDAQ:SINA), Baidu (ADR) (NASDAQ:BIDU), Sprint Corporation (NYSE:S), AT&T (NYSE:T), BASF SE (ADR) (OTCMKTS:BASFY)

Posted by on Jun 19, 2014

Deutsche Bank On 5 June met with Chinese Internet portal Sina Corp. (NASDAQ:SINA) management lately and issued a report on their takeaways. Sina had its publishing and video transmission licenses revoked by Beijing for distributing pornographic content in April. Analysts say the direct revenue impact from these licenses is small, but this stock is down over 20% from its mid-April high. The problem is that “many Sina customers have sought broad, blanket assurances that there would be no legal risk”, commented analysts Vivian Hao and Alan Hellawell III, but since Sina can’t extend this guarantee right now (obviously), the management expects “‘soft revenues’ for next few quarters.” SINA Corp (NASDAQ:SINA) net profit margin is 3.50% and weekly performance is 0.71%. On last trading day company shares ended up $46.72. Analysts mean target price for the company is $71.91. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -3.75%.

Baidu Inc. (NASDAQ:BIDU), the world’s leading Chinese search engine and developer of award-winning PC, Web and mobile products, has announced that its PC software Baidu Antivirus ranked first place in AV-Comparatives’ May 2014 performance test among 20 top antivirus programs, earning it the Advanced+ award. Baidu Inc. (ADR) (NASDAQ:BIDU) shares fell -0.86% in last trading session and ended the day on $176.68. BIDU gross Margin is 62.40% and its return on assets is 15.30%.Baidu Inc. (ADR) (NASDAQ:BIDU) quarterly performance is 10.03%.

Sprint Corporation (NYSE:S) launched the Neurodiversity ID pack, a unique bundle of best-in-class mobile applications targeted at helping individuals with cognitive and neurodevelopmental disabilities, such as autism, dyslexia and dyspraxia. Sprint Corporation (NYSE:S) shares moved down -1.39% in last trading session and was closed at $8.52, while trading in range of $8.41 – $8.71. Sprint Corporation (NYSE:S) year to date (YTD) performance is -20.74%.

AT&T Inc. (NYSE:T) has many strong rivals in the great convergence of wireless, Internet and video technologies, but none looms larger potentially than search giant Google. That’s the impression from a close reading of a recent regulatory filing supporting Dallas-based AT&T’s acquisition of California-based DirecTV. Again and again over nearly 350 pages of executive declarations and transaction summaries, attention focuses on the potential competitive threat of Google. AT&T Inc. (NYSE:T) ended the last trading day at $35.20. Company weekly volatility is calculated as 0.72% and price to cash ratio as 50.59.AT&T Inc. (NYSE:T) showed a positive weekly performance of 1.12%.



BASF SE (ADR) (OTCMKTS:BASFY) generates stronger margins than its peers by virtue of significant ongoing R&D investments, strong internal process development, and major operational scale. Shifting toward higher value-added specialty chemicals is an ongoing process, but the company is already highly leveraged to the auto OEM, construction, consumer goods, and ag markets. BASF has lagged peers over the past 12 months, but does not appear all that cheap on DCF, EBITDA, or sales. On last trading day company shares ended up $117.50.

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