Twitter Inc (NYSE:TWTR) signed a deal that helps the former delve deeper into social media marketing on mobile devices. The $230-million deal, which will hold for over two years, will see Omnicom’s automated ad buying arm Accuen integrated with the microblogging platform’s mobile ad exchange, MoPub. Twitter Inc (NYSE:TWTR) net profit margin is -93.70% and weekly performance is 6.30%. On last trading day company shares ended up $33.77. Analysts mean target price for the company is $44.17. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -17.40%.
PetroLogistics LP (NYSE:PDH) announced that it and its general partner, PetroLogistics GP LLC, have entered into a definitive agreement to be acquired by Flint Hills Resources, LLC, a subsidiary of Koch Industries, Inc. Under the terms of the acquisition agreement (“Merger Agreement”), Flint Hills Resources will acquire all of PetroLogistics’ outstanding common units for $14.00 per common unit in cash, except for those common units owned by Lindsay Goldberg LLC, York Capital Management, PetroLogistics’ Executive Chairman and its President and Chief Executive Officer, which will be acquired for $12.00 per common unit in cash. PetroLogistics LP (NYSE:PDH) shares advanced 10.60% in last trading session and ended the day on $14.30. PDH Gross Margin is 27.10% and its return on assets is 21.30%. PetroLogistics LP (NYSE:PDH) quarterly performance is 19.97%.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.20. The company had revenue of $265.10 million for the quarter, compared to the consensus estimate of $228.20 million. During the same quarter last year, the company posted $0.14 earnings per share. Qihoo 360 Technology Co’s revenue was up 141.3% compared to the same quarter last year. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved up 5.73% in last trading session and was closed at $95.14, while trading in range of $92.80 – $96.40. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is 15.95%.
Jumei International Holding Ltd (ADR) (NYSE:JMEI) got revenue from two sources: selling merchandise and generating fees by offering marketplace services to other vendors. Last year, Jumei earned 85.5% of its revenue by selling merchandise and 14.5% by offering marketplace services. Jumei International Holding Ltd (ADR) (NYSE:JMEI) ended the last trading day at $29.04. Company weekly volatility is calculated as 10.58%.Jumei International Holding Ltd (ADR) (NYSE:JMEI) showed a positive weekly performance of 22.58%.
On 8 MAY Intrexon Corp (NYSE:XON) reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.02. The company had revenue of $7.90 million for the quarter, compared to the consensus estimate of $11.25 million. During the same quarter in the prior year, the company posted ($7.54) earnings per share. The company’s quarterly revenue was up 102.6% on a year-over-year basis. Intrexon Corp (NYSE:XON) weekly performance is 21.66%. On last trading day company shares ended up $20.33. Analysts mean target price for the company is $32.67. Intrexon Corp (NYSE:XON) distance from 50-day simple moving average (SMA50) is -4.42%.