FireEye Inc (NASDAQ:FEYE) SVP Bahman Mahbod unloaded 25,000 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $30.95, for a total transaction of $773,750.00. Following the transaction, the senior vice president now directly owns 886,296 shares of the company’s stock, valued at approximately $27,430,861. FireEye Inc (NASDAQ:FEYE) net profit margin is -94.10% and weekly performance is 19.72%. On last trading day company shares ended up $33.39. Analysts mean target price for the company is $47.20. FireEye Inc (NASDAQ:FEYE) distance from 50-day simple moving average (SMA50) is -31.07%.
General Electric Company (NYSE:GE) and Siemens are going all out this week to woo France as they compete to acquire the energy business of Alstom, the struggling French conglomerate that makes high-speed TGV trains. General Electric Company (NYSE:GE) ended the day on $26.51. Gross Margin is 34.00% and its return on assets is 1.90%. General Electric Company (NYSE:GE) quarterly performance is 4.82%.
China’s new policy to support cross-border guarantee will be credit positive for Chinese corporate like Baidu Inc (ADR) (NASDAQ:BIDU) as it will allow them to raise offshore funds and aid them in expansions and operations overseas, according to a report issued by Moodys. Baidu Inc (ADR) (NASDAQ:BIDU) recently announced that it has brought Andrew Ng on board to take ahead a $300 million research work spanning over the next 5 years for the company, both in China as well as Silicon. With this announcement, Baidu is sure to open its account in Silicon Valley, where uptil now it was literally invisible. NG, who headed artificial intelligence division at Google and is also a cofounder of Coursera, will work from California on the new project. Baidu Inc (ADR) (NASDAQ:BIDU) shares moved up 2.51% in last trading session and was closed at $167.63, while trading in range of $161.90 – $167.99. Baidu Inc (ADR) (NASDAQ:BIDU) year to date (YTD) performance is -5.76%.
On May 22, Weibo Corp. (ADR) (NASDAQ:WB) ’s net loss more than doubled in the first quarter as the Chinese microblogging service controlled by Sina Corp. (SINA) spent more to attract users. The first-quarter net loss was $47.4 million, compared with a loss of $19.2 million a year earlier, the Beijing-based company said in a statement yesterday. The loss matched the preliminary estimate provided in its listing prospectus. Weibo Corp (ADR) (NASDAQ:WB) ended the last trading day at $18.07. Company weekly volatility is calculated as 4.44% and price to cash ratio as 7.34. Weibo Corp (ADR) (NASDAQ:WB) showed a negative weekly performance of -8.51%.
Kao Corporation (ADR) (OTCMKTS:KCRPY) On last trading day company shares ended up $38.94.
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