Watch List, Harman International Industries Inc./DE/ ,NYSE:HAR, SINA Corp ,NASDAQ:SINA, Weibo Corp (ADR) ,NASDAQ:WB, Baidu Inc (ADR) ,NASDAQ:BIDU, Panasonic Corporation (ADR),OTCMKTS:PCRFY,HAR, SINA, WB, BIDU,PCRFY
Harman International Industries Inc./DE/ (NYSE:HAR), the leading global infotainment and audio group, announced it has acquired St-Louis-based Yurbuds LLC, the U.S. market leader in sports headphones. Terms of the transaction were not disclosed. Harman International Industries Inc./DE/ (NYSE:HAR), net profit margin is 3.90% and weekly performance is -1.28%. On last trading day company shares ended up $103.31. Analysts mean target price for the company is $119.00. Harman International Industries Inc./DE/ (NYSE:HAR), distance from 50-day simple moving average (SMA50) is -2.63%.
Shares of SINA Corp (NASDAQ:SINA), have received an average recommendation of “Buy” from the twenty-three analysts that are currently covering the company, American Banking News reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $79.29. SINA Corp (NASDAQ:SINA), fell 2.50% in last trading session and ended the day on $45.55. SINA, Gross Margin is 6.90% and its return on assets is 1.00%. SINA Corp (NASDAQ:SINA), quarterly performance is -30.85%.
Microblogging service Weibo Corp (ADR) (NASDAQ:WB), will likely remain unprofitable this year, its chief executive said, as the Chinese company increases investments to acquire new users. Weibo Corp (ADR) (NASDAQ:WB), shares moved down 5.23% in last trading session and was closed at $20.12, while trading in range of $20.05 – 21.28. Weibo Corp (ADR) (NASDAQ:WB), year to date (YTD) performance is -0.59%.
On June 5, 2014, Baidu Inc (ADR) (NASDAQ:BIDU), announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The Company anticipates to receive total net proceeds from the offering of US$988.4 million. The Company intends to use the net proceeds from the offering for general corporate purposes. Baidu Inc (ADR) (NASDAQ:BIDU), ended the last trading day at $174.39. Company weekly volatility is calculated as 2.01% and price to cash ratio as 9.63. Baidu Inc (ADR) (NASDAQ:BIDU), showed a negative weekly performance of 0.90%.
Panasonic Corporation (ADR) (OTCMKTS:PCRFY), a leading provider of business telephone systems1, announced the new KX-NS1000, an advanced IP Business Telecommunications Server that is suited for a wide range of business customers. The new IP business telecommunications platform integrates with existing communication infrastructures to offer users a highly flexible, cost-effective solution capable of scaling and adapting to meet the changing needs of today’s fast-paced business environment. Panasonic Corporation (ADR) (OTCMKTS:PCRFY), n last trading day company shares ended up $12.20.