AT&T Inc. (NYSE:T) has invested nearly $800 million in its best-in-class wireless and wired networks in Oklahoma from 2011 through 2013, driving a wide range of upgrades to enhance speed, reliability, coverage and performance for residents and business customers. AT&T Inc. (NYSE:T) net profit margin is 14.00% and weekly performance is 0.34%. On last trading day company shares ended up $35.44. Analysts mean target price for the company is $35.92. AT&T Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is 0.26%.
Weibo Corp (ADR) (NYSE:WB) was downgraded by analysts at WallachBeth Capital from a buy rating to a hold rating. They currently have $2.50 target price on the stock, down from their previous target price of $4.00. Weibo Corp (ADR) (NASDAQ:WB) shares fell -0.92% in last trading session and ended the day on $18.35. WB gross Margin is 68.20% and its return on assets is -38.40%.
Baidu Inc. (ADR) (NASDAQ:BIDU) iQiyi unit, a provider of online video steaming services in China, has plans to raise funds via an initial public offering in the next three years. The company is aiming for the largest market share and revenue share in China by the time of the IPO, per a Bloomberg report.
Baidu Inc. (ADR) (NASDAQ:BIDU) shares moved up 0.87% in last trading session and was closed at $167.25, while trading in range of $164.27 – $167.58. Baidu Inc. (ADR) (NASDAQ:BIDU) year to date (YTD) performance is -5.98%.
Knightsbridge Tankers Limited (NASDAQ:VLCCF) declared a quarterly dividend on Tuesday, May 13th, Analyst Ratings.Net reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.20 per share on Thursday, June 5th. This represents a $0.80 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date of this dividend is Tuesday, May 20th. Knightsbridge Tankers Limited (NASDAQ:VLCCF) ended the last trading day at $14.00. Company weekly volatility is calculated as 4.70% and price to cash ratio as 3.97.Knightsbridge Tankers Limited (NASDAQ:VLCCF) showed a positive weekly performance of 1.38%.
Panasonic Corporation (ADR) (OTCMKTS:PCRFY) on 28 may has announced that its new VariCam 35 and VariCam HS cameras will be previewed at AbelCine LA and VTP Burbank in early June, affording Southern California cinematographers an opportunity to see the new models in advance of Cine Gear Expo. On last trading day company shares ended up $11.08.