Yahoo! Inc. (NASDAQ:YHOO) recently acquired Blink, a mobile messaging application that allows users to share messages, which are automatically deleted at a time preset by the user. Blink’s team of seven members will join Yahoo! and work on its smart communication products. None of the parties disclosed the terms of this acqui-hire deal. Yahoo! Inc. (NASDAQ:YHOO) net profit margin is 27.60% and weekly performance is -0.35%. On last trading day company shares ended up $33.80. Analysts mean target price for the company is $ 42.22. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -6.15%.
On April 30, IAC/InterActiveCorp (NASDAQ:IACI) reported first quarter adjusted EPS of $0.59 after the close Wednesday, which beat the consensus estimate of $0.55. Revenues remained flat year-over-year at $740.2 million. Analysts projected revenues of $737.81 million. The stock is now down 1.99 on 226K shares. IAC/InterActiveCorp (NASDAQ:IACI) shares fell -1.20% in last trading session and ended the day on $63.15. IACI Gross Margin is 68.40% and its return on assets is 6.70%. IAC/InterActiveCorp (NASDAQ:IACI) quarterly performance is -4.79%.
Equities research analysts at Jefferies Group dropped their price objective on shares of Demand Media (NYSE:DMD) from $5.00 to $4.50 in a research note issued to investors on Friday, Stock Ratings Network.com reports. Jefferies Group’s price objective would indicate a potential upside of 20.00% from the stock’s previous close. Demand Media Inc (NYSE:DMD) ended the last trading day at $3.94. Company weekly volatility is calculated as 4.69% and price to cash ratio as 2.34. Demand Media Inc (NYSE:DMD)showed a negative weekly performance of -3.43%.
A trading firm’s mistake caused wild price swings in U.S. stocks including Caterpillar Inc., AOL, Inc. (NYSE:AOL) and Nabors Industries Ltd. about 10 minutes before markets closed, according to people familiar with the matter. AOL, Inc. (NYSE:AOL) shares advanced 1.87% in last trading session and ended the day on $37.50. AOL Gross Margin is 26.50% and its return on assets is 3.30%. AOL, Inc. (NYSE:AOL) quarterly performance is -16.46%.