On May 6, 2014, Yandex NV (NASDAQ:YNDX) announced the nomination of Mr. Herman Gref. The company is one of the leading internet corporations based in Europe, besides being the largest search provider in Russia. Gerf was nominated for election as a new member of the company’s BOD at this year’s annual general meeting of stockholders. Yandex NV (NASDAQ:YNDX)’s Board of Directors is nominating Mr. Herman Gref for 3-year tenure with effect from May 21, 2014. Yandex NV (NASDAQ:YNDX) net profit margin is 33.10% and weekly performance is 6.11%. On last trading day company shares ended up $30.03. Analysts mean target price for the company is $1416.30. Yandex NV (NASDAQ:YNDX) distance from 50-day simple moving average (SMA50) is 3.04%.
Shareholder rights law firm Robbins Arroyo LLP announces that an investor of Blucora, Inc. (NASDAQGS:BCOR) has filed a federal securities fraud class action complaint in the U.S. District Court for the Western District of Washington at Seattle. The complaint alleges that the company and certain of its officers and directors violated the Securities Exchange Act of 1934 between November 5, 2013 and February 20, 2014 (the “Class Period”). Blucora Inc. (NASDAQ:BCOR) shares advanced 0.65% in last trading session and ended the day on $18.52. BCOR gross Margin is 42.30% and its return on assets is 2.90%.Blucora Inc. (NASDAQ:BCOR) quarterly performance is -21.86%.
Rediff.com India Pvt. Ltd. (ADR) (NASDAQ:REDF)on 1 may 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. Rediff.com India Limited (ADR) (NASDAQ:REDF) shares moved up 4.81% in last trading session and was closed at $2.18, while trading in range of $2.10 – $2.27. Rediff.com India Limited (ADR) (NASDAQ:REDF) year to date (YTD) performance is -6.03%.
Oi SA, underscoring its plan to cut costs through a merger with Portugal Telecom SGPS (ADR) (NYSE:PT). Portugal Telecom, SGPS (ADR) (NYSE:PT) ended the last trading day at $3.68. Company weekly volatility is calculated as 2.62% and price to cash ratio as 0.82.Portugal Telecom, SGPS (ADR) (NYSE:PT) showed a negative weekly performance of -10.24%.
Net profit at the BELGACOM SA UNSP ADR (OTCMKTS:BGAOY) was 149 million euros for the first quarter of 2014, down from EUR171 million in the first quarter of 2013. Analysts had forecast a decline to EUR136 million. On last trading day company shares ended up $6.48.