Renren Inc (NYSE:RENN), which operates a Facebook-like social network in China, is slated to report its results for the first quarter of fiscal year 2014 on Wednesday, May 21. Owing to challenges in both the online advertising and the gaming business the company’s revenues declined by 29% year on year in the last quarter. Renren expects to generate between $23 million and $25 million in Q1 2014, representing a decline of 40%-45% since the company’s gaming pipeline is loaded for the latter half of the year.Renren Inc. (NYSE:RENN) net profit margin is 40.70%. On last trading day company shares ended up $3.29. Analysts mean target price for the company is $2.92. Renren Inc. (NYSE:RENN) distance from 50-day simple moving average (SMA50) is -2.82%.
J.M. Smucker Company (NYSE:SJM) begin trading ex-dividend on May 14, 2014. A cash dividend payment of $0.58 per share is scheduled to be paid on June 02, 2014. The J.M. Smucker Company (NYSE:SJM) shares fell -0.28% in last trading session and ended the day on $98.28. SJM gross Margin is 36.40% and its return on assets is 6.30%.The J.M. Smucker Company (NYSE:SJM) quarterly performance is 3.71%.
Moody’s Investors Service has assigned a Baa3 foreign currency rating to BRF SA (ADR) (NYSE:BRFS) proposed issuance of USD 500 million 10-year senior unsecured notes. Net proceeds from the transaction will be used to tender part of outstanding notes. The ratings outlook is stable. BRF SA (ADR) (NYSE:BRFS) shares moved down -2.16% in last trading session and was closed at $23.05, while trading in range of $22.96 – $23.43. BRF SA (ADR) (NYSE:BRFS) year to date (YTD) performance is 11.41%.
Tyson Foods, Inc. (NYSE:TSN) has awarded LifeSource International of Fayetteville, AR, $20,000 to support programs that offer food and meals to people throughout Northwest Arkansas. Tyson Foods, Inc. (NYSE:TSN) ended the last trading day at $40.97. Company weekly volatility is calculated as 1.66% and price to cash ratio as 32.59.Tyson Foods, Inc. (NYSE:TSN) showed a positive weekly performance of 2.86%.
Nestle SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS:NSRGY) reports a 5% drop in sales during Q1 as its performance in North America and Europe. Organic sales rose 4.2% during the period. Growth in developed markets was only 0.6%, while emerging markets saw a 8.5% increase in sales. On last trading day company shares ended up $79.64.