Facebook Inc. (NASDAQ:FB) is planning a big push into small business advertising. Right now, very few of the small businesses that use Facebook take advantage of the advertising aspects. Facebook is looking to increase revenue from this key area to keep up with Google, as the two giants continue to battle on various virtual playing fields. The new campaign is called Facebook Fit, and will promote Facebook advertising to small businesses through workshops, in five cities around the country. Facebook Inc. (NASDAQ:FB) shares after opening at $60.98 moved to $61.15 on last trade day and at the end of the day closed at $58.53. Company price to sales ratio in past twelve months was calculated as 16.85 and price to cash ratio as 11.89. Facebook Inc. (NASDAQ:FB) showed a positive weekly performance of 0.65%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Canada says there’s a big enough appetite for hockey that the NHL should renew its North American deal to broadcast games on satellite radio. Sirus XM CEO Mark Redmond said Wednesday that the NHL’s multibillion-dollar deal with Rogers for TV and multimedia broadcasting rights in Canada shouldn’t affect the renewal of the satellite radio deal. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares fell -1.24% in last trading session and ended the day on $3.19. SIRI return on equity ratio is recorded as 16.20% and its return on assets is 5.30%. Sirius XM Holdings Inc. (NASDAQ:SIRI) yearly performance is -5.90%.
Marissa Mayer is finally set to get a cash infusion from Yahoo! Inc. (NASDAQ:YHOO)’s nine-year investment in Alibaba Group Holding Ltd. along with the pressure of putting the money to work. Yahoo is selling 208 million shares, or about 40 percent of its Alibaba stake, in the Chinese Internet company’s upcoming initial public offering, and could generate in excess of $10 billion in the process. That would more than double Yahoo’s cash stockpile (YHOO). Yahoo! Inc. (NASDAQ:YHOO) shares moved down -1.14% in last trading session and was closed at $36.49, while trading in range of $36.48 – $37.17. Yahoo! Inc. (NASDAQ:YHOO) year to date (YTD) performance is -9.77%.
Global commerce platform and payments leader eBay Inc. (NASDAQ:EBAY) reported that revenue for the first quarter ended March 31, 2014, increased 14% to $4.3 billion, compared to the same period in 2013. eBay Inc. (NASDAQ:EBAY) weekly performance is -6.58%. On last trading day company shares ended up $50.95. eBay Inc. (NASDAQ:EBAY) distance from 50-day simple moving average (SMA50) is -8.62%. Analysts mean target price for the company is $62.00.
Apple Inc. (NASDAQ:AAPL)’s future has been up for debate for some time, with some investors believing that the company doesn’t have much life left in it. However, Monday’s comments from Fred Wilson of Union Square Ventures may be the boldest we have heard yet on this topic. Apple Inc. (NASDAQ:AAPL) shares after opening at $601.80 moved to $604.41 on last trade day and at the end of the day closed at $594.41. Company price to sales ratio in past twelve months was calculated as 2.91 and price to cash ratio as 12.38. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.35%.
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