US computer giant Hewlett-Packard Company (NYSE:HPQ) announced Thursday it was cutting an additional 11,000 to 16,000 jobs as part of its restructuring plan. The new cuts, announced as HP revealed a slump in revenues, come on top of 34,000 post reductions planned under a program begun in 2012. Hewlett-Packard Company (NYSE:HPQ) net profit margin is 4.70% and weekly performance is 3.69%. On last trading day company shares ended up $33.72. Analysts mean target price for the company is $34.11. Hewlett-Packard Company (NYSE:HPQ) distance from 50-day simple moving average (SMA50) is 4.76%.
Groupon Inc. (NASDAQ:GRPN) on May 21 announced that it has hired Tony Award-Winning Broadway producer, Hugh Hysell, to lead National Broadway and Live Arts for GrouponLive. Groupon Inc. (NASDAQ:GRPN) shares advanced 5.18% in last trading session and ended the day on $6.29. GRPN gross Margin is 55.30% and its return on assets is -6.30%.Groupon Inc. (NASDAQ:GRPN) quarterly performance is -19.15%.
LiveDeal Inc (NASDAQ:LIVE) is a provider of instant offers and real-time deals online and on mobile. The company’s growth is compelling by most measures, and Wall Street has often cited the same. This week it was the company’s topmost executive who spared no effort to talk about the direction the company has taken and what it dreams to be in the future. LiveDeal Inc. (NASDAQ:LIVE) shares moved up 85.79% in last trading session and was closed at $4.42, while trading in range of $2.35 – $5.03. LiveDeal Inc. (NASDAQ:LIVE) year to date (YTD) performance is 232.33%.
Shares of GT Advanced Technologies Inc. (NASDAQ:GTAT) are up 7.73% following a report in ETNews.com that said sapphire is beginning to be used as smartphone cover glass in earnest, and that growth of related downstream industries is anticipated. GT Advanced Technologies Inc. (NASDAQ:GTAT) ended the last trading day at $15.95. Company weekly volatility is calculated as 4.48% and price to cash ratio as 5.35.GT Advanced Technologies Inc. (NASDAQ:GTAT) showed a positive weekly performance of 14.83%.
SINA Corp (NASDAQ:SINA) reported first-quarter 2014 earnings of 6 cents per share, which beat the Zacks Consensus Estimate by a couple of cents. Earnings were also much better than a loss of 6 cents per share reported in the year-ago quarter. Earnings per share include stock-based compensation ($6.9 million) but exclude net one-time items ($37.4 million) in the first quarter. SINA Corp (NASDAQ:SINA) net profit margin is 6.80% and weekly performance is -2.41%. On last trading day company shares ended up $46.53. Analysts mean target price for the company is $88.06. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -14.65%.