TheStreet downgraded shares of Youku Tudou Inc (NASDAQ:YOKU) from a hold rating to a sell rating in a report issued on Thursday. Youku Tudou Inc (ADR) (NYSE:YOKU) shares after opening at $23.19 moved to $23.38 on last trade day and at the end of the day closed at $23.19. Company price to sales ratio in past twelve months was calculated as 7.58 and price to cash ratio as 7.46. Youku Tudou Inc (ADR) (NYSE:YOKU) showed a positive weekly performance of 8.01%.
Google Inc. (GOOG) has unveiled some strategies as to how the company will take its Android OS forward and integrate it with wearables. With its Android platform, the company wants to connect everything. As things stand, Android powers more than 70% of smartphones globally, and with wearables and the Internet of Things (IoT) taking off, the open-source operating system could soon be omnipresent. Google Inc (NASDAQ:GOOG) shares advanced 0.22% in last trading session and ended the day on $577.24.
Trulia, Inc. (Trulia) announced that the Company will launch a new mobile real estate app for Android Wear. The Company stated that its Android Wear App, which was highlighted at Google I/O 2014, enables its users: connect directly to Trulia’s app for Android through which Nearby Home Alerts are fed directly to the wearable display; swipe through photos and key home details about a property on the wrist display; save the property for later access or contact an agent to schedule a viewing. Trulia Inc (NYSE:TRLA) shares moved up 4.86% in last trading session and was closed at $47.48, while trading in range of $44.90-$47.68. Trulia Inc (NYSE:TRLA) year to date performance is 34.62%.
Multimedia entertainment studio Electus, an operating business of IAC (NASDAQ: IACI) and Darius Films today announces the sale of Iron Belly to BBC America and HBO Canada. Electus serves as the production studio for the series, which is co-produced by Electus and LA and Toronto -based film and TV production company, Darius Films. The order from the networks is a script with a goal to commission a series. IAC/InterActiveCorp (NASDAQ:IACI) weekly performance is -0.89%. On last trading day company shares ended up $68.95. IAC/InterActiveCorp (NASDAQ:IACI) distance from 50-day simple moving average is 4.13%. Analysts mean target price for the company is $74.53.
Barclays assumed coverage on shares of LinkedIn Corp (NYSE:LNKD) in a research note issued to investors on Thursday. The firm issued an equal weight rating and a $175.00 price target on the stock. LinkedIn Corp (NYSE:LNKD) shares after opening at $167.37 moved to $168.17 on last trade day and at the end of the day closed at $166.76. Company price to sales ratio in past twelve months was calculated as 12.11 and price to cash ratio as 8.80. LinkedIn Corp (NYSE:LNKD) showed a positive weekly performance of 0.58%.