China Mobile Ltd. (ADR) (NYSE:CHL) (HKG:0941) will increase the amount it spends on handset subsidies 26% this year, from 27 billion yuan to 34 billion yuan ($5.49 billion) to keep its contract prices competitive in the face of rising competition, Reuters reports, though the company intends to keep its marketing expenses flat this year. China Mobile Ltd. (ADR)(NYSE:CHL) shares fell -3.17% in last trading session and ended the day on $41.55. CHL return on equity ratio is recorded as 36.50% and its return on assets is 24.80%. China Mobile Ltd. (ADR) (NYSE:CHL) yearly performance is -18.50%.
Companhia de Saneamento Basico (ADR) (NYSE:SBS) shares after opening at $8.33 moved to $8.55 on last trade day and at the end of the day closed at $8.50. Company price to sales ratio in past twelve months was calculated as 1.22and price to cash ratio as 7.43. Companhia de Saneamento Basico (ADR) (NYSE:SBS) showed a negative weekly performance of -1.16%.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 20, 2014 to file lead plaintiff applications in a securities class action lawsuit against Weight Watchers International, Inc. (NYSE:WTW), if they purchased the Company’s securities during the period between February 14, 2012 and October 30, 2013, inclusive (the “Class Period”). Weight Watchers International, Inc. (NYSE:WTW) shares moved down -1.76% in last trading session and was closed at $20.05 while trading in range of $20.00 – 20.63 .Weight Watchers International, Inc. (NYSE:WTW) year to date (YTD) performance is -39.11%.
Silvercorp Metals Inc. (NYSE:SVM) is pleased to report the results of its 2013 underground diamond drilling program at the LM and LMW mines, Ying Mining District, Henan Province, China (the “2013 Drill Program”), that indicate a significant extension of the existing high grade mineralization zones, both down dip and along strike, as well as delineating new mineralization zones in known major vein structures. Silvercorp Metals Inc. (USA) (NYSE:SVM) weekly performance is -10.43%. On last trading day company shares ended up $49.03. Silvercorp Metals Inc. (USA)(NYSE:SVM) distance from 50-day simple moving average (SMA50) is -19.79%. Analysts mean target price for the company is $3.20.
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