On June 02, 2014, Charm Communications Inc (ADR) (NASDAQ:CHRM), a Chinese advertising company, was sued by a U.S. investor who seeks to block a merger that would take the company private. Charm Communications Inc (ADR) (NASDAQ:CHRM), weekly performance is -0.88%. On last trading day company shares ended up $4.50. Analysts mean target price for the company is $5.00. Charm Communications Inc (ADR) (NASDAQ:CHRM), distance from 50-day simple moving average (SMA50) is 3.12%.
On June 17, 2014, Chinanet Online Holdings Inc (NASDAQ:CNET), a leading B2B (business to business) Internet technology company providing online-to-offline (“O2O”) sales channel expansion services for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, announced financial results for the fiscal year 2013. Revenue for the fiscal year ended December 31, 2013 was $30.3 million compared to $46.6 million for the fiscal year ended December 31, 2012. Internet advertising, TV advertising, and brand management and sales channel building revenues were $20.7 million, $6.8 million, and $2.6 million in fiscal year 2013, respectively. Chinanet Online Holdings Inc (NASDAQ:CNET), advanced 4.21% in last trading session and ended the day on $0.844. CNET, Gross Margin is 45.20%. Chinanet Online Holdings Inc (NASDAQ:CNET), quarterly performance is -48.52%.
Rocket Fuel Inc (NASDAQ:FUEL), Director John E. Gardner unloaded 49,314 shares of the company’s stock on the open market in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $24.40, for a total transaction of $1,203,261.60. Rocket Fuel Inc (NASDAQ:FUEL), shares moved up 0.97% in last trading session and was closed at $30.07, while trading in range of $29.26 – 30.28.
Lamar Advertising Co (NASDAQ:LAMR), shareholders will vote on the coversion to a Real Estate Investment Trust during a special meeting sometime in the fourth quarter, the company said Friday. Lamar Advertising Co (NASDAQ:LAMR), ended the last trading day at $52.94. Company weekly volatility is calculated as 0.97% and price to cash ratio as 73.31. Lamar Advertising Co (NASDAQ:LAMR), showed a positive weekly performance of 3.40%.