Yelp Inc. (NYSE:YELP) incurred a loss of 4 cents per share in the first quarter of 2014, narrower than the Zacks Consensus Estimate of a loss of 6 cents per share. It was also narrower than loss of 7 cents reported in the year ago quarter. This improvement was primarily attributable to robust revenue growth. Yelp Inc. (NYSE:YELP) shares after opening at $63.25 moved to $66.69 on last trade day and at the end of the day closed at $64.02. Company price to sales ratio in past twelve months was calculated as 19.66 and price to cash ratio as 11.75. Yelp Inc. (NYSE:YELP) showed a positive weekly performance of 2.11%.
During the quarter, LinkedIn Corp (NYSE:LNKD) recorded $13.4 million losses or $0.11 losses per share. During the same period a year ago, the company delivered $22.6 million net income of $0.20 per share. Excluding special items, the company said should have earned $0.38 per share compared with the $0.34 earnings per share estimated by analysts surveyed by FactSet. LinkedIn Corp (NYSE:LNKD) shares advanced 5.05% in last trading session and ended the day on $161.22. LNKD return on equity ratio is recorded as 1.50% and its return on assets is 1.10%. LinkedIn Corp (NYSE:LNKD) yearly performance is -17.25%.
Facebook Inc. (NASDAQ:FB) Chief Executive Officer Mark Zuckerberg is seeking to put the world’s biggest social-networking service at the center of the mobile- application universe. The company introduced new tools, new login options and more ways for developers to make money off of apps. Facebook is opening up its network of 1 million advertisers to software creators who want to run mobile promotions on smartphones and tablets as it pushes to drive revenue from a larger audience. Facebook Inc. (NASDAQ:FB) shares moved up 2.29% in last trading session and was closed at $61.15, while trading in range of $60.21 – $62.28. Facebook Inc. (NASDAQ:FB) year to date (YTD) performance is 11.89%.
Probably the largest internet service provider in China Sina Corp (NASDAQ:SINA) has been found to have posted objectionable, pornographic material on its website. The Chinese authorities are contemplating taking strict action against Sina Corp (NASDAQ:SINA) by withdrawing its video and audio publication licenses. SINA Corp (NASDAQ:SINA) weekly performance is -6.02%. On last trading day company shares ended up $48.53. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -21.55%. Analysts mean target price for the company is $89.39.
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