Facebook Inc (NASDAQ:FB) said it has hired PayPal President David Marcus from eBay Inc (NASDAQ:EBAY). Marcus will be leaving PayPal on June 27th to oversee Facebook’s messaging products. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -0.32%. On last trading day company shares ended up $62.88. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.46%.
Zynga Inc (NASDAQ:ZNGA) said it has retained its tight-lipped approach and never disclosed the prominent reasons behind exits of its renowned senior employees. Zynga Inc (NASDAQ:ZNGA) shares advanced 0.84% in last trading session and ended the day on $3.00. ZNGA Gross Margin is 70.10% and its return on assets is -4.40%. Zynga Inc (NASDAQ:ZNGA) quarterly performance is -45.75%
Cisco Systems, Inc. (NASDAQ:CSCO) plans to hire 550 personnel in its ResearchTrianglePark facility before the year 2018, a report by AP said. The research facility is located in North Carolina and is third biggest site of the company after its headquarters in California and Bangalore in India. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved down -0.12% in last trading session and was closed at $24.80, while trading in range of $24.72 – $24.95. Cisco Systems, Inc. (NASDAQ:CSCO) year to date (YTD) performance is 12.37%.
On 1 JUNE Activision Blizzard, Inc. (NASDAQ:ATVI) reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.09. The company had revenue of $772.00 million for the quarter, compared to the consensus estimate of $688.23 million. During the same quarter last year, the company posted $0.17 earnings per share. Activision Blizzard’s revenue was down 4.0% compared to the same quarter last year. Analysts expect that Activision Blizzard will post $1.31 EPS for the current fiscal year. Activision Blizzard, Inc. (NASDAQ:ATVI) ended the last trading day at $21.29. Company weekly volatility is calculated as 1.52% and price to cash ratio as 3.55. Activision Blizzard, Inc. (NASDAQ:ATVI) showed a positive weekly performance of 3.25%.
NII Holdings Inc (NASDAQ:NIHD) was a big mover last session with shares rising over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. NII Holdings Inc (NASDAQ:NIHD) net profit margin is -41.20% and weekly performance is 56.52%. On last trading day company shares ended up $0.720. Analysts mean target price for the company is $2.11. NII Holdings Inc (NASDAQ:NIHD) distance from 50-day simple moving average (SMA50) is -12.11%.