ConocoPhillips (NYSE:COP) and Suncor Energy Inc. are joining Shell Canada as partners in exploring the deepwater Shelburne basin off Nova Scotia. ConocoPhillips (NYSE:COP) net profit margin is 16.10% and weekly performance is 2.77%. On last trading day company shares ended up $83.08. Analysts mean target price for the company is $85.04. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is 9.41%.
BP Plc (ADR) (NYSE:BP) Announced an $8bn share repurchase programme. Company has entered into a repurchase mandate agreement with an independent third party. Within this new mandate period, it is expected that $8bn share repurchase programme will be completed. BP plc (ADR) (NYSE:BP) shares advanced 0.66% in last trading session and ended the day on $51.68. BP gross Margin is 12.90% and its return on assets is 3.30%.BP plc (ADR) (NYSE:BP) quarterly performance is 9.63%.
YY Inc. (ADR) (NASDAQ:YY) announced on 5 may, Net revenues increased by 111.6% to RMB666.3 million (US$107.2 million) in the first quarter of 2014 from RMB315.0 million in the corresponding period of 2013, primarily driven by an increase in IVAS revenues. YY Inc. (ADR) (NASDAQ:YY) shares moved up 0.35% in last trading session and was closed at $69.76, while trading in range of $68.11 – $70.46. YY Inc. (ADR) (NASDAQ:YY) year to date (YTD) performance is 38.74%.
HomeAway Inc. (NASDAQ:AWAY) was downgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating in a report issued on Tuesday. They currently have a $32.00 price objective on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 7.56% from the stock’s previous close. HomeAway, Inc. (NASDAQ:AWAY) ended the last trading day at $32.25. Company weekly volatility is calculated as 4.18% and price to cash ratio as 3.91.HomeAway, Inc. (NASDAQ:AWAY) showed a positive weekly performance of 10.03%.
Toshiba Corp. (USA) (OTCMKTS:TOSYY) on 3 June said it has filed a lawsuit in the Intellectual Property Court in Taiwan against Powerchip Technology Corp. and three other firms for infringing on the patent of its NAND flash memory, used in smartphones and tablet devices. On last trading day company shares ended up $26.40.