On 12 JUNE Facebook, Inc. (NASDAQ:FB) said it has updated some new location sharing features in its 11.0 iOS update this time. This inimitable feature would help you to locate your nearby friends with whom you can share your current location using the ambient proximity sensor. The basic concept behind the same is, the sensor calculates the approximate distance between your cell phone and your friend’s phone, who you want to locate and then you can communicate with each other. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 3.20%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is V 6.62%
On 10 JUNE MeetMe Inc (NASDAQ:MEET) reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Th Company has reported volatile earnings recently. MeetMe Inc (NASDAQ:MEET) shares fell -2.50% in last trading session and ended the day on $1.95. MEET return on assets is -7.30%. MeetMe Inc (NASDAQ:MEET) quarterly performance is -42.98%.
On 11 JUNE Weibo Corp (ADR) (NASDAQ:WB) reported ($0.03) earnings per share for the quarter. The company had revenue of $67.50 million for the quarter, compared to the consensus estimate of $25.90 million. On average, analysts predict that Weibo Corp will post $-0.01 earnings per share for the current fiscal year. Weibo Corp (ADR) (NASDAQ:WB) shares moved up 1.43% in last trading session and was closed at $19.21, while trading in range of $18.83 – $19.70. Weibo Corp (ADR) (NASDAQ:WB) year to date (YTD) performance is -5.09%.
On 12 JUNE Baidu Inc (ADR) (NASDAQ:BIDU) announced that its free Android antivirus app Baidu Mobile Security has received certification from the IT security institute AV-TEST, earning top marks in all testing criteria among 30 Android security apps worldwide. Baidu Inc (ADR) (NASDAQ:BIDU) ended the last trading day at $178.05. Company weekly volatility is calculated as 2.65% and price to cash ratio as 9.83. Baidu Inc (ADR) (NASDAQ:BIDU) showed a positive weekly performance of 3.31%.
On 11 JUNE Yelp Inc (NYSE:YELP) said that Yelp Inc (NYSE:YELP) appears to be succeeding where Google Inc (NASDAQ:GOOG) is poised to have problems in the near future. In the latest market research, eMarket reveals that Google Inc is losing its grip on the Mobile Search market as smaller rivals move to dominate the niche markets. Yelp Inc (NYSE:YELP) net profit margin is -3.00% and weekly performance is 14.86%. On last trading day company shares ended up $74.92. Analysts mean target price for the company is $83.34. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average (SMA50) is 20.62%.
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