On June 19, 2014, Twitter Inc (NYSE:TWTR), has agreed to acquire cloud-based live-video platform, SnappyTV, for an undisclosed price. The acquisition is in line with Twitter’s strategy to invest in the video arena. SnappyTV will enable the microblogging service to give users access to real-time videos on its platform. Twitter Inc (NYSE:TWTR), net profit margin is -93.70% and weekly performance is 3.95%. On last trading day company shares ended up $39.52. Analysts mean target price for the company is $43.73. Twitter Inc (NYSE:TWTR), distance from 50-day simple moving average (SMA50) is 7.54%.
Groupon Inc (NASDAQ:GRPN)’s shares jumped 3.92% to $6.39. The company on June 18 announced a Pride deal collection featuring great things to eat, see and do in honor of LGBT Pride month. The collection showcases local and national deals that highlight LGBT-friendly businesses, products from Groupon Goods that are ideal for a Pride celebration, trips from Groupon Getaways, ticketed events from Groupon Live and opportunities to give back to your community from Groupon Grassroots. Groupon Inc (NASDAQ:GRPN), advanced 5.53% in last trading session and ended the day on $6.49. GRPN, Gross Margin is 55.30% and its return on assets is -6.30%. Groupon Inc (NASDAQ:GRPN), quarterly performance is -19.88%.
Oracle Corporation (NYSE:ORCL), in a smart move has decided to acquire Micros System in a $5 billion deal. Currently, Oracle Corporation (NYSE:ORCL) is trading flat at $41.10. Oracle Corporation (NYSE:ORCL), shares moved up 0.69% in last trading session and was closed at $41.10, while trading in range of $40.75 – 41.33. Oracle Corporation (NYSE:ORCL), year to date (YTD) performance is 8.07%.
International Business Machines Corp. (NYSE:IBM), has earned an average rating of “Hold” from the twenty-six ratings firms that are currently covering the stock, ARN reports. One investment analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $200.72. International Business Machines Corp. (NYSE:IBM), ended the last trading day at $182.14. Company weekly volatility is calculated as 0.85% and price to cash ratio as 19.00. International Business Machines Corp. (NYSE:IBM), showed a negative weekly performance of 0.12%.