On May 1, Rediff.com India Pvt. Ltd (ADR) (NASDAQ:REDF) announced that Rediffmail Enterprise, the Company’s business and professional email solution, has been selected as the 2014 CIO Choice Award winner in the Enterprise Email category through an independent voting survey conducted by the Centre of Recognition & Excellence. Rediffmail Enterprise was chosen as the best enterprise email solution according to a survey of more than 300 CIOs across India, who rated the platform for its performance, customer satisfaction and continued customer service. Rediff.com India Limited (ADR) (NASDAQ:REDF) net profit margin is -66.50% and weekly performance is 30.73%. On last trading day company shares ended up $2.85. Analysts mean target price for the company is $3.50. Rediff.com India Limited (ADR) (NASDAQ:REDF) distance from 50-day simple moving average (SMA50) is 33.08%.
Microsoft Corporation (NASDAQ:MSFT) has filed for the Phantom Dust trademark in Europe which could indicate that a new Phantom Dust sequel is in development. Whispers we hear suggest that this might be the new game from Japan that Microsoft has been talking about and since they already have a relationship with Yukio Futatsugi from his team’s work on Crimson Dragon, it does not take much to connect the dots and suggest that he might be working on a Phantom Dust sequel for Microsoft. Microsoft Corporation (NASDAQ:MSFT) shares advanced 0.05% in last trading session and ended the day on $40.12. Gross Margin is 70.10% and its return on assets is 15.10%. Microsoft Corporation (NASDAQ:MSFT) quarterly performance is 7.19%.
On May 23, Google Inc (NASDAQ:GOOGL) changed its algorithm to get rid of spam-type posts from websites with little original content. But the change has also hit legitimate posts from companies such as RetailMeNot (NASDAQ:SALE). Google Inc (NASDAQ:GOOGL) shares moved up 1.50% in last trading session and was closed at $563.80, while trading in range of $554.17 – $565.00. Google Inc (NASDAQ:GOOGL) year to date (YTD) performance is 0.51%.
On May 26, The head of Rupert Murdoch’s News Corp. (NASDAQ:NWS) on Monday said the group will be publishing newspapers for “decades” and hit out at the “morbid mindset” of those who say print is dead. Chief executive Robert Thomson, who oversees more than 100 newspapers including The Wall Street Journal and The Times of London, rejected fears the medium was finished as the industry battles a slump in advertising and circulation revenues. News Corp (NASDAQ:NWS) ended the last trading day at $16.74.
On May 8, Pearson PLC (ADR) (NYSE:PSO)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. Pearson PLC (ADR) (NYSE:PSO) net profit margin is 16.90% and weekly performance is -2.19%. On last trading day company shares ended up $19.19. Analysts mean target price for the company is $17.00. Pearson PLC (ADR) (NYSE:PSO) distance from 50-day simple moving average (SMA50) is 7.67%.