On April 1, 2014, Spirit Airlines Incorporated (Spirit) announced that it is introducing its Mother of All Sleeper beds (M.O.A.S.) – a full flat-bed seat in a slim-line, light-weight design – which will be available for purchase on its Airbus A320 family aircraft, beginning April 1, 2025. One hundred private suites among the five-hundred M.O.A.S. beds will also be available for purchase. Ben Baldanza, Spirit’s CEO stated, “We are pleased to offer customers the option to save money on a hotel by offering an unparalleled in-flight sleeping experience. We are proud to be the first ultra-low fare carrier to give customers the freedom to choose an in-the-belly flat-bed experience. Spirit Airlines Incorporated (NASDAQ:SAVE), shares after opening at $58.76 moved to $59.33 on last trade day and at the end of the day closed at $56.62. Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 7.75. Spirit Airlines Incorporated (NASDAQ:SAVE), showed a negative weekly performance of 7.47%.
Qunar Cayman Islands Ltd (NASDAQ:QUNR) Islands Ltd, the operator of Baidu Inc’s travel website, is in talks with Ctrip.com International Ltd for a merger or partnership, Bloomberg reported, citing two people familiar with the matter. Qunar Cayman Islands Ltd (NASDAQ:QUNR), shares advanced 14.65% in last trading session and ended the day on $30.84. Qunar Cayman Islands Ltd (NASDAQ:QUNR), return on equity ratio is recorded as -48.30% and its return on assets is -17.10%.
On November 20, 2013, Gray Television, Inc. (NYSE:GTN) announced agreements with Hoak and separate agreements by which Excalibur Broadcasting, LLC (“Excalibur”) would acquire television stations in existing or future Gray markets from Hoak, Parker Broadcasting, Inc. (“Parker”), and Prime Cities Broadcasting, Inc. (“Prime Cities”). At that time, Gray also announced that it and Excalibur would divest Hoak’s and Parker’s television stations in the Panama City and Grand Junction markets and subsequently announced on December 19, 2013, that Nexstar Broadcasting, Inc. (“Nexstar”), and Mission Broadcasting, Inc. (“Mission Broadcasting”) would acquire the television stations in those two markets. Gray Television, Inc. (NYSE:GTN), shares moved down 6.21 % in last trading session and was closed at $9.92, while trading in range of $ 9.02 – 9.97. Gray Television, Inc. (NYSE:GTN), year to date (YTD) performance is -33.33%.
On March 27, 2014, 500.com Ltd (NYSE:WBAI), a leading online sports lottery service provider in China, announced that it has signed a strategic cooperation agreement with Yhd.com, a leading B2C e-commerce platform for food, beverages and imported food products in China which is owned by Wal-Mart Group, to begin offering the Company’s sports lottery products through Yhd.com’s extensive e-commerce platform. 500.com Ltd (NYSE:WBAI), weekly performance is -3.97%. On last trading day company shares ended up $37.70. 500.com Ltd (NYSE:WBAI), distance from 50-day simple moving average (SMA50) is -10.22%. Analysts mean target Price for the company is $33.50.
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