Tag: FENG

  • Tech Decliners: Yahoo! Inc. (NASDAQ:YHOO), Twitter Inc. (NYSE:TWTR), SolarCity Corp (NASDAQ:SCTY), Apple Inc. (NASDAQ:AAPL), Phoenix New Media (NYSE:FENG)

    Yahoo! (NASDAQ:YHOO) needs to incorporate the Apple Inc (NASDAQ:AAPL)’s model of buying back shares and raising its dividend. Yahoo! is cash-rich and about to enjoy another Alibaba-fueled payday, and yet it doesn’t pay a dividend. Yahoo! Inc. (NASDAQ:YHOO) stock opened today at $34.43 and is currently trading at $34.50. The stock showed a negative weekly performance of -6.66%.

    Twitter Inc. (NYSE:TWTR) is adding a feature that will allow users to hide posts and activities of selected accounts in their timelines. The option, called “mute,” will let users silence contacts without unfollowing them. Twitter Inc. (NYSE:TWTR) stock opened at $33.84, in current trading session and currently is at $33.35, by losing -1.74%. The 52 week range of $29.51 – $74.73. Company’s market capitalization is 19.65 billion.

    SolarCity Corp (NASDAQ:SCTY) has enabled one of its systems to provide Hewlett-Packard Company (NYSE:HPQ)’s corporate headquarters with clean energy. SolarCity Corp (NASDAQ:SCTY) stock is currently trading at $54.05. The EPS of the stock is -0.74. Company’s market capitalization is 4.98 billion.

    Apple Inc. (NASDAQ:AAPL) pending purchase of headphone maker and streaming music company Beats Electronics for $3.2 billion is just the latest example of Cook’s deviation from Jobs, who had so much confidence in his company’s innovative powers that he saw little sense in spending large amounts of money on acquisitions. Apple Inc. (NASDAQ:AAPL) stock opened the session at $592.00, and now is at $592.62. The 52 week range of the Apple Inc. (NASDAQ:AAPL) stock remained $388.87 – $604.41 and the day range was $590.70 – $593.75.

    Phoenix New Media Limited (NYSE:FENG), a leading new media company in China announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenues increased by 26.9% year-over-year to RMB357.1 million (US$57.5 million), driven by a 41.1% increase in net advertising revenues, and a 6.3% increase in paid service revenues. Net income attributable to Phoenix New Media Limited increased by 58.6% year-over-year to RMB62.2 million (US$10.0 million). Phoenix New Media Ltd ADR (NYSE:FENG) stock opened today at $9.34 and is currently trading at $8.91. The stock showed a negative weekly performance of -6.42%.