Microblogging service Weibo Corp. (ADR) (NASDAQ:WB) will likely remain unprofitable this year, its chief executive said, as the Chinese company increases investments to acquire new users. Weibo, which means microblog in Chinese, works much like Twitter, allowing users to send brief public messages to followers, who can comment on or repost them. It was started in 2009 and attracted large numbers of users as it became a virtual town square. Weibo Corp (ADR) (NASDAQ:WB) net profit margin is -74.70% and weekly performance is 9.99%. On last trading day company shares ended up $20.80. Analysts mean target price for the company is $21.88. Weibo Corp (ADR) (NASDAQ:WB) distance from 50-day simple moving average (SMA50) is 8.07%.
In its largest acquisition to date, WEX Inc. (NYSE:WEX) plans to venture deeper into the health care industry by acquiring a technology firm that facilitates patient payments, a move that positions WEX within a new billion-dollar market. WEX Inc. (NYSE:WEX) shares advanced 5.38% in last trading session and ended the day on $104.12. WEX gross Margin is 58.70% and its return on assets is 4.40%.WEX Inc. (NYSE:WEX) quarterly performance is 11.30%.
Zebra Technologies Corp. (NASDAQ:ZBRA) CEO Anders Gustafsson sold 10,000 shares of the company’s stock on the open market in a transaction dated Thursday, June 12th. The shares were sold at an average price of $78.95, for a total transaction of $789,500.00. Following the sale, the chief executive officer now directly owns 221,375 shares in the company, valued at approximately $17,477,556. Zebra Technologies Corp. (NASDAQ:ZBRA) shares moved up 5.91% in last trading session and was closed at $80.61, while trading in range of $75.40 – $82.36. Zebra Technologies Corp. (NASDAQ:ZBRA) year to date (YTD) performance is 53.31%.
SolarCity Corporation (NASDAQ:SCTY) provider of energy services to homeowners and businesses, has decided to venture into manufacturing with a definitive agreement to acquire Silevo, a solar technology and manufacturing company, the San Mateo, California based company announced Tuesday. SolarCity Corp (NASDAQ:SCTY) ended the last trading day at $64.53. Company weekly volatility is calculated as 8.48% and price to cash ratio as 11.44.SolarCity Corp (NASDAQ:SCTY) showed a positive weekly performance of 31.19%.
John Wiley & Sons Inc. (NASDAQ:JW.A) issued an update on its FY15 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.25-3.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.38, American Banking News reports. John Wiley & Sons Inc. (NYSE:JW.A) net profit margin is 7.50% and weekly performance is 5.25%. On last trading day company shares ended up $60.10. Analysts mean target price for the company is $60.00. John Wiley & Sons Inc. (NYSE:JW.A) distance from 50-day simple moving average (SMA50) is 7.12%.
Leave a Reply