Shares of Yahoo Inc. (NASDAQ:YHOO) whose valuation is partially pinned on its 23 percent stake in Alibaba Group Holding Ltd., declined after the Chinese e-commerce company reported slower quarterly revenue growth. Yahoo! Inc. (NASDAQ:YHOO) net profit margin is 27.60% and weekly performance is -3.41%. On last trading day company shares ended up $34.81. Analysts mean target price for the company is $42.22. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -0.53%.
NQ Mobile Inc. (NYSE:NQ) led declines in American depositary receipts of Asian companies on Monday after the region’s markets were mixed on concern about armed conflict in Iraq. Those worries helped to keep oil prices at a nine-month high, hurting related shares, but helping lift solar stocks. NQ Mobile Inc. (ADR) (NYSE:NQ) shares fell -6.30% in last trading session and ended the day on $7.44. NQ gross Margin is 63.50% and its return on assets is 2.40%.NQ Mobile Inc. (ADR) (NYSE:NQ) quarterly performance is -63.26%.
The sale of Telecom Italia’s majority stake in Argentine telecommunications firm Telecom Argentina S.A. (ADR) (NYSE:TEO) to investment fund Fintech is still pending a regulatory approval, El Cronista reports. Telecom Italia CEO Marco Patuano recently met with Argentine authorities to try to speed up the approval. In November 2013, Telecom Italia had agreed to sell its entire stake in Telecom Argentina to Fintech Group for USD 960 million. Telecom Argentina S.A. (ADR) (NYSE:TEO) shares moved down -6.48% in last trading session and was closed at $20.22, while trading in range of $19.95 – $21.62. Telecom Argentina S.A. (ADR) (NYSE:TEO) year to date (YTD) performance is 21.59%.
Shares of Aerohive Networks Inc. (NASDAQ:HIVE) have received a consensus recommendation of “Buy” from the eight analysts that are covering the company, American Banking & Market News reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $13.40. Aerohive Networks Inc. (NYSE:HIVE) ended the last trading day at $9.13. Company weekly volatility is calculated as 5.14% and price to cash ratio as 12.51.Aerohive Networks Inc. (NYSE:HIVE) showed a negative weekly performance of -10.67%.
Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of video games for the mass market, on 9 June reported financial results for the second quarter of fiscal 2014 ended April 30, 2014. For the second quarter ended April 30, 2014, Majesco’s net revenues were $3.2 million, down 67 percent versus $9.7 million in the same period a year ago. Majesco Entertainment Co. (NASDAQ:COOL) net profit margin is -41.60% and weekly performance is -16.52%. On last trading day company shares ended up $1.87. Analysts mean target price for the company is $1.00. Majesco Entertainment Co. (NASDAQ:COOL) distance from 50-day simple moving average (SMA50) is -28.66%.