A star in Silicon Valley, Marissa Mayer must now build her image on Madison Avenue. The Yahoo! Inc. (NASDAQ:YHOO) chief, 18 months into her turnaround attempt, has done little to change the perception of the beleaguered Internet portal with the advertisers who supply the bulk of its revenue. Yahoo! Inc. (NASDAQ:YHOO) stock opened the session at $38.67, and now is at $38.67. The 52 week range of the YHOO stock remained $19.31 – $41.72 and the day range was $37.62 – $38.98.
Deutsche Bank upgraded shares of Oracle Corporation (NYSE:ORCL)from a hold rating to a buy rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. Oracle Corporation (NYSE:ORCL) stock opened today at $37.92 and is currently trading at $37.92. The stock showed a negative weekly performance of -0.68%.
Tesla Motors Inc (NASDAQ:TSLA) is entering China’s fast-growing auto market by taking aim at foreign luxury brands including BMW and Audi, offering its Model S electric vehicle here starting at $121,000. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $177.85, in current trading session and currently is at $177.28, by losing -2.42%. The 52 week range of $33.80 – $194.50. Company’s market capitalization is $21.75 billion.
BlackBerry Ltd (NASDAQ:BBRY) has asked a California court to block U.S. sales of the Typo keyboard, an add-on keyboard for the iPhone that BlackBerry says is an “obvious knock-off” of the keyboards on its phones. BlackBerry Ltd (NASDAQ:BBRY) stock is open at $10.00 and currently trading at $9.86. The EPS of the stock is -10.19. Company’s market capitalization is $5.18 billion.
Videoconferencing equipment maker, Polycom Inc (NASDAQ:PLCM), posted better-than-expected financial results for the fourth quarter of 2013. This was primarily due to strong business of the company’s Unified Communications Personal Devices segment which provides hardware and software for real-time communication services such as video conferencing, speech recognition and instant messaging coupled with solid growth in Europe, the Middle East, and Africa and the Asia-Pacific regions. Polycom Inc (NASDAQ:PLCM) stock opened the session at $1.80, and now is at $11.85. The 52 week range of the PLCM stock remained $9.00 – $12.25 and the day range was $11.67 – $11.88.