Sky-mobi Ltd (ADR) (NASDAQ:MOBI) functions as a mobile application store which provides opportunities for the purchase of smart phone apps, music, games, books etc. This also comprises of a mobile social media network called Maopao Community. The company also has deals with almost 106 smartphone handset manufacturing companies. It is presently adding more than 380,000 new users every day and playing a dominant role in the Chinese market too. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) stock opened today at $10.00 and is currently trading at $11.15. The stock showed a negative weekly performance of -1.00%.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) revealed in an SEC filing that it has admitted to disclosure violations relating to certain transactions it announced on July 20, 2010, and has agreed to pay $7.5 million in penalties. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) stock opened at $32.10, in current trading session and currently is at $32.30, by loosing -4.57%.The 52 week range of $22.04-37.81.Company’s market capitalization is $4.21 billion.
Idenix Pharmaceuticals, Inc. (IDIX), on Mar. 14 announced that it has filed patent infringement lawsuits against Gilead Sciences, Inc. (NASDAQ:GILD) and/or certain of its subsidiaries in each of three countries – France, Germany and the United Kingdom. The lawsuits allege that Gilead infringes Idenix’s recently-granted, co-owned European patent EP 1 523 489 that covers 2′-methyl-2′-fluoro nucleosides for treating the hepatitis C virus. In these lawsuits, Idenix is seeking remedies with respect to Gilead’s marketing and sales of drugs containing sofosbuvir, which Idenix believes infringes its European patent. Gilead Sciences, Inc. (NASDAQ:GILD) stock is currently trading at $76.86 .The EPS of the stock is 1.82. Company’s market capitalization is $116.61 billion.
Priceline.com Inc (NASDAQ:PCLN) confirmed on Monday, that it has paid US$ 3 million in cash for Israel based startup Qlika. Given that Qlika has only 6 employees, Priceline effectively paid almost US$ 500 thousand per head to acquire this “micro-location” ad campaign specialist firm. Qlika specializes in helping clients develop marketing strategies that target ad campaigns in minor markets through geographic targeting. Priceline.com Inc (NASDAQ:PCLN) stock opened the session at $1,273.16, and now is at $1,308.98. The 52 week range of the PCLN stock remained $677.72-$1,378.96 and the day range was $1,267.00-$1,308.98.