Stock analysts at Nomura lowered their target price on shares of AOL Inc (NYSE:AOL) from $46.00 to $43.00 in a report issued on Wednesday,AmericanBankingNews.com reports. Nomura’s price target suggests a potential upside of 14.67% from the company’s current price. AOL, Inc. (NYSE:AOL) net profit margin is 3.20% and weekly performance is -0.92%. On last trading day company shares ended up $36.47. Analysts mean target price for the company is $47.85. AOL, Inc. (NYSE:AOL) distance from 50-day simple moving average (SMA50) is -12.80%.
58.com Inc. (ADR) (NYSE:WUBA) China’s largest online marketplace serving local merchants and consumers, today announced that it plans to release its unaudited financial results for the first quarter 2014 ended March 31, 2014 before the open of U.S. markets on Thursday, May 22, 2014. 58.com Inc (ADR) (NYSE:WUBA) shares advanced 1.06% in last trading session and ended the day on $39.19 . Gross Margin is 94.20% and its return on assets is 6.60%. 58.com Inc (ADR) (NYSE:WUBA) quarterly performance is 1.06%.
Akamai Technologies, Inc. (NASDAQ:AKAM) will be holding its annual Government Forum on June 5th in Washington, D.C. The 2014 Akamai Government Forum will present a new path forward for the future of cloud-based solutions and cybersecurity in federal government.The event will be produced by Government Executive Media Group, the government and defense division of Atlantic Media. Akamai Technologies, Inc. (NASDAQ:AKAM) shares moved down -2.06% in last trading session and was closed at $52.24, while trading in range of $51.99 – $53.37. Akamai Technologies, Inc. (NASDAQ:AKAM) year to date (YTD) performance is 10.72%.
Yahoo! Inc. (NASDAQ:YHOO) is in early discussions to acquire startup RayV Inc., according to a person with knowledge of the talks, as the Web portal seeks to expand its array of Internet-video services. Yahoo’s discussions with RayV, which specializes in delivering high-quality Web video-streaming features, could still fall apart, said the person, who asked not to be identified because the matter is private. Yahoo! Inc. (NASDAQ:YHOO) ended the last trading day at $33.87. Company weekly volatility is calculated as 2.11% and price to cash ratio as 11.60. Yahoo! Inc. (NASDAQ:YHOO) showed a negative weekly performance of -1.54%.
SVENSKA HANDELS ADR (OTCMKTS:SVNLY) On last trading day company shares ended up $25.52 .
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