Yelp Inc (NYSE:YELP) CEO Jeremy Stoppelman sold 13,514 shares of the stock on the open market in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $65.74, for a total value of $888,410.36. Yelp Inc (NYSE:YELP) net profit margin is -3.00% and weekly performance is 14.86%. On last trading day company shares ended up $74.92. Analysts mean target price for the company is $83.34. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average (SMA50) is 20.62%.
OpenTable Inc (NASDAQ:OPEN) popped 47 percent to $103.42 in heavy trading after Priceline Group Inc said it would buy the company for $2.6 billion. OpenTable Inc (NASDAQ:OPEN) shares advanced 48.35% in last trading session and ended the day on $104.48. Gross Margin is 74.20% and its return on assets is 7.70%. OpenTable Inc (NASDAQ:OPEN) quarterly performance is 27.95%.
The world’s largest manufacturer of semiconductor products, Intel Corporation (NASDAQ:INTC) raised its guidance for the second quarter of 2014. Also, the company increased its full-year revenue and gross margin expectations. Following the news, the shares rose 5.6% in after-hours trading. The chip maker expects second-quarter net sales to be $13.7 billion (+/- $300 million), up from $13.0 billion (+/- $300 million). The company also increased gross margin guidance by 1 percentage point (pp) to 64% (+/- 2 pp); total operating expenses were increased to $4.89 billion, up $100 million from earlier expectations, and the annual tax rate is expected to be 27%, down from 28% expected earlier. Intel Corporation (NASDAQ:INTC) shares moved up 6.83% in last trading session and was closed at $29.87, while trading in range of $ 29.56 – 30.06. Intel Corporation (NASDAQ:INTC) year to date (YTD) performance is 17.14%.
Tesla Motors Inc (NASDAQ:TSLA) says its decision to make hundreds of its electric-vehicle patents openly available to competitors will help accelerate the fight against climate change. How other automakers respond to the offer could determine the future of Tesla and the entire EV market. Tesla Motors Inc (NASDAQ:TSLA) ended the last trading day at $206.42. Company weekly volatility is calculated as 2.91% and price to cash ratio as 9.92. Tesla Motors Inc (NASDAQ:TSLA) showed a negative weekly performance of -0.84%.
Jun 10, 2014, Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) announced the ThinkServer RS140, a powerful yet affordable entry-level single-processor 1U rack server ideal for small-to-medium sized businesses (SMB) and remote office deployments. Available with a range of processor choices including the latest next-generation Intel® Xeon® E3-1200 v3 series processors, customizable options, and Intel® AMT™ 9.0 for remote manageability, this highly versatile rack server can accommodate a variety of workloads, including distributed enterprise and datacenter edge, as well as standalone applications such as retail, collaboration, and IT infrastructure. Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) On last trading day company shares ended up $25.41 .