On May 22, Move, Inc. (NASDAQ:MOVE) the leader in providing consumers the most accurate U.S. residential listings online*, promotes Luke Glass to the new position of executive vice president of industry platforms. Glass is responsible for leading the company’s real estate industry relations efforts and supporting Move’s industry strategy. Move Inc. (NASDAQ:MOVE) net profit margin is -1.90 % and weekly performance is 20.71%. On last trading day company shares ended up $12.30. Analysts mean target price for the company is $18.67. Move Inc. (NASDAQ:MOVE) distance from 50-day simple moving average (SMA50) is 10.08%.
ReneSola Ltd (ADR) (NYSE:SOL) a leading brand and technology provider of solar photovoltaic (“PV”) products, announced the appointment of Jason Wu as the Company’s vice president of marketing. In this newly created position, Mr. Wu will oversee the Company’s global marketing, new product management, as well as brand enhancement. ReneSola Ltd. (ADR) (NYSE:SOL) shares fell -2.50% in last trading session and ended the day on $2.73. Gross Margin is 6.80% and its return on assets is -11.40%. ReneSola Ltd. (ADR) (NYSE:SOL) quarterly performance is -27.20%.
Analysts at Needham & Company LLC upped their price objective on shares of Montage Technology Group (Ltd NASDAQ:MONT) from $26.00 to $28.50 in a research report issued to clients and investors on Wednesday,American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 40.95% from the stock’s previous close. Montage Technology Group Ltd (NASDAQ:MONT) shares moved down -9.25% in last trading session and was closed at $17.17, while trading in range of $17.01 – $18.75. Montage Technology Group Ltd (NASDAQ:MONT) year to date (YTD) performance is 5.27%.
Demandware Inc (NASDAQ:DWRE) had its price target reduced by Goldman Sachs from $70.00 to $64.00 in a research report sent to investors on Thursday morning. Demandware Inc (NYSE:DWRE) ended the last trading day at $60.07. Company weekly volatility is calculated as 7.09% and price to cash ratio as 8.40. Demandware Inc (NYSE:DWRE) showed a positive weekly performance of 19.90%.
On MAY 22, Youku Tudou Inc (ADR) (NYSE:YOKU) China’s leading Internet television company (“Youku Tudou” or the “Company”), announced its unaudited financial results for first quarter 2014. Gross profit was RMB85.6 million (US$13.8 million), a 501% increase from the corresponding period in 2013. Non-GAAP[2] gross profit was RMB100.3 million (US$16.1 million) in the first quarter of 2014, an increase of 255% from the corresponding period in 2013. Net loss was RMB224.7 million (US$36.1 million), a 3% decrease from the corresponding period in 2013. Non-GAAP net loss was RMB148.3 million (US$23.8 million) in the first quarter of 2014, a 19% decrease from the corresponding period in 2013. Youku Tudou Inc (ADR) (NYSE:YOKU) net profit margin is -19.20% and weekly performance is -1.41%. On last trading day company shares ended up $20.31. Analysts mean target price for the company is $188.02. Youku Tudou Inc (ADR) (NYSE:YOKU) distance from 50-day simple moving average (SMA50) is -18.44%.