Yelp Inc. (NYSE:YELP), the operator of consumer review website Yelp.com, reported a better-than-expected 66 percent jump in quarterly revenue due to higher revenue from local advertising on mobile devices. Yelp’s mobile app combines reviews and other relevant information with knowledge of the consumer’s location. It also allows consumers to “check in” at local businesses. Yelp Inc. (NYSE:YELP) shares after opening at $57.33 moved to $58.88 on last trade day and at the end of the day closed at $58.32. Company price to sales ratio in past twelve months was calculated as 17.91 and price to cash ratio as 10.70. Yelp Inc. (NYSE:YELP) showed a negative weekly performance of -9.58%.
MeetMe, Inc. (NYSE:MEET) is the subject of a new analyst research report. The company operates in the $2.1 billion dating service market. It operates a website and mobile apps that allow users to chat, message, and otherwise interact with others around them. This is a growing market but with many more established and popular competitors. MeetMe Inc. (NASDAQ:MEET) shares advanced 0.72% in last trading session and ended the day on $2.78. MEET return on equity ratio is recorded as -13.40% and its return on assets is -11.40%. MeetMe Inc. (NASDAQ:MEET) yearly performance is 44.04%.
Apple Inc. (NASDAQ:AAPL) has accused Samsung Electronics Co. of copying key features of the iPhone in creating its own lines of smartphones. Samsung has countersued, claiming two of its patents were infringed. Apple is seeking $2.2 billion, and Samsung asked jurors for a little more than $6 million. The jury began deliberating Tuesday afternoon after a month-long trial. Apple Inc. (NASDAQ:AAPL) shares moved down -0.38% in last trading session and was closed at $590.09, while trading in range of $589.80 – $599.43. Apple Inc. (NASDAQ:AAPL) year to date (YTD) performance is 5.81%.
Google Inc. (NASDAQ:GOOG) will no longer try to sell ads based on personal information collected about students using a suite of products tailored for schools. The changes announced Wednesday revise some of the policies governing Google’s “Apps for Education” products. Google Inc. (NASDAQ:GOOG) weekly performance is -0.05%. On last trading day company shares ended up $526.66. Google Inc. (NASDAQ:GOOG) distance from 50-day simple moving average (SMA50) is -3.01%.