Demand Media, Inc. (NYSE:DMD), a leading digital media and domain name services company, announced that Shawn Colo, Interim President and Chief Executive Officer, and Mel Tang, Chief Financial Officer, are scheduled to present at the B. Riley & Company Annual Investor Conference in Santa Monica, May 20, 2014 at 1:00 pm ET (10:00 am PT). Additionally, Taryn Naidu, Executive Vice President of Domain Services, and Tracy Knox, Chief Financial Officer of Rightside, Demand Media’s domain name services business, are scheduled to present at 1:30 pm ET (10:30 am PT). Demand Media Inc. (NYSE:DMD) net profit margin is -8.30% and weekly performance is 4.53%. On last trading day company shares ended up $3.92. Analysts mean target price for the company is $5.67. Demand Media Inc. (NYSE:DMD) distance from 50-day simple moving average (SMA50) is -11.70%.
CBS Corporation (NYSE:CBS) is working to develop a 24-hour online news channel, drawing content from its existing news-gathering resources to court younger viewers. The plan is in the “early stages” of development and CBS is in talks with Internet companies to form a partnership, CBS Corp. CBS Corporation (NYSE:CBS) shares advanced 0.58% in last trading session and ended the day on $57.36. CBS gross Margin is 42.90% and its return on assets is 7.30%.CBS Corporation (NYSE:CBS) quarterly performance is -13.31%.
The internet goddess Google Inc. (NASDAQ:GOOGL) has acquired Divide, a start-up company that aims to secure your smartphone to make them enterprise-friendly. The concept of the app is to create a partition that separates a user’s personal data from work-related files, effectively isolating and putting them into secure file location or vault from one another on the same device. Google’s purchase aims to address the security issue on Android operating system that could imply an integration to tighten up the OS’ security out of the box and better attract the interest of potential enterprise customers. Google Inc. (NASDAQ:GOOGL) shares moved up 1.99% in last trading session and was closed at $538.83, while trading in range of $525.66 – $539.35. Google Inc. (NASDAQ:GOOGL) year to date (YTD) performance is -3.94%.
Google Inc. (NASDAQ:GOOG) has held talks to purchase video service Twitch Interactive Inc to boost its YouTube site, according to a person with knowledge of the matter. Google Inc. (NASDAQ:GOOG) ended the last trading day at $528.86. Company weekly volatility is calculated as 1.59% and price to cash ratio as -.Google Inc. (NASDAQ:GOOG) showed a negative weekly performance of -0.20%.
The next BriefingsDirect panel discussion explores one of the most broadly deployed collaboration platforms, Microsoft Corporation (NASDAQ:MSFT) SharePoint, to determine how it’s rapidly evolving from local network portal roots into the new cloud and mobile era. Microsoft Corporation (NASDAQ:MSFT) net profit margin is 26.90% and weekly performance is 0.15%. On last trading day company shares ended up $39.75. Analysts mean target price for the company is $41.76. Microsoft Corporation (NASDAQ:MSFT) distance from 50-day simple moving average (SMA50) is 0.73%.