The revenue generated from the music and entertainment for YY Inc (ADR) (NASDAQ:YY) has increased phenomenally – from RMB116.8 million in Q12013 to RMB383.1 million in Q12014 (a stark increase by almost 228%). In the realm of online gaming, YY has progressed significantly by a margin of 36.3% since the first quarter of 2013. Non GAAP income witnessed a hike this quarter and jumped to RMB207.6 million from mere RMB82.1 million in Q12013, almost 153%! YY Inc (ADR) (NASDAQ:YY) net profit margin is 27.50% and weekly performance is 5.07%. On last trading day company shares ended up $54.69. Analysts mean target price for the company is $95.21. YY Inc (ADR) (NASDAQ:YY) distance from 50-day simple moving average (SMA50) is -21.88%.
Youku Tudou Inc. (ADR) (NYSE:YOKU) China’s leading Internet television company (“Youku Tudou”), will report its first quarter 2014 unaudited financial results on Thursday, May 22, 2014, after the close of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 9:00 p.m. U.S. Eastern Time, May 22, 2014 (9:00 a.m. Beijing / Hong Kong time, May 23, 2014). Youku Tudou’s management will be on the call to discuss the quarterly results and answer questions. To participate in the conference call, please RSVP to Ryan Cheung by email at ryan.cheung@youku.com. Youku Tudou Inc (ADR) (NYSE:YOKU) shares fell -2.06% in last trading session and ended the day on $20.94. Gross Margin is 17.90% and its return on assets is -5.40%. Youku Tudou Inc (ADR) (NYSE:YOKU) quarterly performance is -30.01%.
Parex Resources (OTCMKTS:PARXF) had its price target upped by Canaccord Genuity to C$13.50 in a research note issued to investors on Wednesday, AnalystRatings.NET reports. PAREX RESOURCES (OTCMKTS:PARXF) shares moved down -1.44% in last trading session and was closed at $ 10.79 , while trading in range of $10.79 – $10.80.
The annual general meeting of shareholders in Statoil ASA (ADR) (NYSE:STO)adopted the annual report and accounts for Statoil ASA for 2013, as proposed by the board of directors. The annual accounts and the annual report for Statoil ASA and the Statoil group for 2013 were approved, and a dividend of NOK 7.00 per share will be distributed. The dividend accrues to the shareholders as of 14 May 2014. Statoil ASA (ADR) (NYSE:STO) ended the last trading day at $29.90. Company weekly volatility is calculated as 0.73 % and price to cash ratio as 5.78. Statoil ASA (ADR) (NYSE:STO) showed a negative weekly performance of -4.84 %.
WellCare Health Plans, Inc. (NYSE:WCG) donated $12,000 in scholarships for state winners and finalists of the Florida Alliance of Boys & Girls Clubs’ annual Youth of the Year competition and celebration. The event was held on April 28 in Orlando, Fla., and is focused on recognizing the state’s most outstanding Boys & Girls Club members. WellCare also served as the main sponsor of the event.WellCare Health Plans, Inc. (NYSE:WCG) net profit margin is 1.80% and weekly performance is 1.75 %. On last trading day company shares ended up $72.28. Analysts mean target price for the company is $72.60. WellCare Health Plans, Inc. (NYSE:WCG) distance from 50-day simple moving average (SMA50) is 10.16%.
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