News Buzz: Youku Tudou Inc. (ADR) (NYSE:YOKU), CBS Corporation (NYSE:CBS), IAC/InterActiveCorp (NASDAQ:IACI), AOL, Inc. (NYSE:AOL), SINA Corp (NASDAQ:SINA)

Youku Tudou Inc (ADR) (NYSE:YOKU) has recently got another shareholder, Ali YK Investment Holding Ltd, which recently reported ownership of 23.4% of the company’s outstanding class A shares. The stake held by Ali YK Investment Holding contains a total of 720.12 million class A shares. The stake is activist by nature. Youku Tudou Inc. (ADR) (NYSE:YOKU) net profit margin is -19.20% and weekly performance is -6.11%. On last trading day company shares ended up $19.07. Analysts mean target price for the company is $166.43. Youku Tudou Inc. (ADR) (NYSE:YOKU) distance from 50-day simple moving average (SMA50) is -20.32%.

CBS Corporation (NYSE:CBS) announced that it will report results for the second quarter of 2014 after the market closes on Thursday, August 7, 2014. CBS Corporation (NYSE:CBS) shares advanced 1.19% in last trading session and ended the day on $60.32. CBS gross Margin is 42.90% and its return on assets is 7.30%.CBS Corporation (NYSE:CBS) quarterly performance is -8.37%.

IAC/InterActiveCorp (NASDAQ:IACI) has been given a consensus rating of “Hold” by the fifteen analysts that are covering the stock, American Banking News.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $70.69. IAC/InterActiveCorp (NASDAQ:IACI) shares moved up 0.14% in last trading session and was closed at $66.30, while trading in range of $65.98 – $67.15. IAC/InterActiveCorp (NASDAQ:IACI) year to date (YTD) performance is -2.71%.

AOL Inc. (NYSE:AOL) is in the middle of transforming its business focus from content to ad technology. According to CEO Tim Armstrong, the company has adopted a barbell sales strategy that offers programmatic advertising on one end and deep marketing services or premium buys on the other. In a fresh move, the company has intensified its efforts to capture a bigger chunk of the programmatic ads industry by foraying into the emerging “programmatic TV” buying space. AOL, Inc. (NYSE:AOL) ended the last trading day at $36.28. Company weekly volatility is calculated as 2.86% and price to cash ratio as 23.48.AOL, Inc. (NYSE:AOL) showed a negative weekly performance of -2.26%.

SINA Corp (NASDAQ:SINA) had its price target lowered by analysts at T.H. Capital to $75.00. SINA Corp (NASDAQ:SINA) net profit margin is 3.50% and weekly performance is -5.07%. On last trading day company shares ended up $44.17. Analysts mean target price for the company is $71.91. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -15.75%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *