Facebook Inc (NASDAQ:FB) is exploring ways to open a sales office in China to work with local advertisers, according to Bloomberg based on information obtained from people familiar with the plan of the social network giant. It would be the first time for the social network giant to have employees in China once it opens it sale office there. The Chinese government is currently censoring the service of Facebook Inc (NASDAQ:FB) in the country. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -2.27%. On last trading day company shares ended up $59.83. Analysts mean target price for the company is $77.76. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -4.79%.
Silicon Laboratories (NASDAQ:SLAB) issued an update on its second quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.43-0.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.46,AnalystRatingsNetwork.com reports. The company issued revenue guidance of $147-151 million, compared to the consensus revenue estimate of $148.92 million. Silicon Laboratories (NASDAQ:SLAB) shares advanced 1.15% in last trading session and ended the day on $45.00. SLAB Gross Margin is 60.80% and its return on assets is 3.90%. Silicon Laboratories (NASDAQ:SLAB) quarterly performance is -3.60%.
MeetMe Inc (NASDAQ:MEET) announced its earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.06,AnalystRatingsNetwork.com reports. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $9.38 million. MeetMe Inc (NASDAQ:MEET) a share moved up 2.23% in last trading session and was closed at $2.29, while trading in range of $2.25 – $2.38. MeetMe Inc (NASDAQ:MEET) year to date (YTD) performance is 25.14%.
Micrel, Inc. (NASDAQ:MCRL), an industry leader in high performance linear and power solutions, LAN and timing and communications solutions, introduced the MX55/57FUSION, crystal oscillator clock (XO) solutions. These devices offer industry-leading phase jitter performance of 170fsrms (12kHz to 20MHz) in standard 5mm x 7mm or 3.2mm x 5mm footprint. Micrel, Incorporated (NASDAQ:MCRL) ended the last trading day at $10.93. Company weekly volatility is calculated as 3.45% and price to cash ratio as 6.84. Micrel, Incorporated (NASDAQ:MCRL) showed a positive weekly performance of 7.37%.