Stock Alert: Baidu Inc (ADR) (NASDAQ:BIDU), Weibo Corp (ADR) (NASDAQ:WB), Yandex NV (NASDAQ:YNDX), Priceline Group Inc (NASDAQ:PCLN)

Posted by on Jul 10, 2014

On July 07, 2014, Baidu Inc (ADR) (NASDAQ:BIDU)’s shares gained 0.65% to $191.20. The company on June 17 has announced that its PC software Baidu Antivirus ranked first place in AV-Comparatives’ May 2014 performance test among 20 top antivirus programs, earning it the Advanced+ award. Baidu Inc (ADR) (NASDAQ:BIDU), net profit margin is 30.80% and weekly performance is -3.31%. On last trading day company shares ended up $184.94. Analysts mean target price for the company is $1283.71. Baidu Inc (ADR) (NASDAQ:BIDU), distance from 50-day simple moving average (SMA50) is 9.48%.

Credit Suisse began coverage on shares of Weibo Corp (ADR) (NASDAQ:WB), in a report released on Tuesday,TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $23.00 price objective on the stock. Weibo Corp (ADR) (NASDAQ:WB), advanced 3.22% in last trading session and ended the day on $19.55. WB, Gross Margin is 68.00% and its return on assets is -20.00%.

Standpoint Research downgraded shares of Yandex NV (NASDAQ:YNDX), from a buy rating to a hold rating in a report issued on Friday, TheFlyOnTheWall.com reports. Yandex NV (NASDAQ:YNDX), shares moved up 2.85% in last trading session and was closed at $32.15, while trading in range of $31.34 – 32.15. Yandex NV (NASDAQ:YNDX), year to date (YTD) performance is -25.49%.

Priceline Group Inc (NASDAQ:PCLN), and OpenTable, Inc. OPEN -0.12% announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR”), in connection with The Priceline Group’s proposed acquisition of OpenTable, was terminated early on July 7, 2014, by the U.S. Federal Trade Commission. The waiting period was scheduled to expire at 11:59 P.M., New York time, on July 7, 2014. Priceline Group Inc (NASDAQ:PCLN), ended the last trading day at $1,236.37. Company weekly volatility is calculated as 1.76% and price to cash ratio as 9.66. Priceline Group Inc (NASDAQ:PCLN), showed a negative weekly performance of 0.83%.

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