The eagerly-awaited release of the next-gen tablets from Apple Inc. (NASDAQ:AAPL) which are expected to be branded as the iPad Air 2 and iPad Mini 3, could be coming as early as this Fall, and once again are expected to sell like hot cakes. Many retailers recently cut the price on existing models of the iPads and that has given a clear indication that the new devices are just months away. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 0.82%. On last trading day company shares ended up $593.87. Analysts mean target price for the company is $626.93. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 9.07%.
In the most recent quarter, sales of Kate Spade & Co (NYSE:KATE) surged 54 percent, to $217 million, in part because the company opened a net of 54 new stores, bringing its tally to 225. Kate Spade & Co (NYSE:KATE) shares advanced 8.51% in last trading session and ended the day on $37.60. KATE gross Margin is 57.40% and its return on assets is 8.10%.Kate Spade & Co (NYSE:KATE) quarterly performance is 22.76%.
Tencent Holdings, (OTCMKTS:TCEHY) the home of China’s favourite mobile messaging service, said first-quarter net income rose 60 percent, surging beyond estimates as revenue from smartphone games helped deliver the company’s best growth in three years. TENCENT HOLDINGS ADR (OTCMKTS:TCEHY) shares moved up 8.53% in last trading session and was closed at $71.06, while trading in range of $68.85 – $71.20.
Youku Tudou Inc. (ADR) (NYSE:YOKU) China’s leading Internet television company on 28 April announced that it has entered into definitive agreements with a joint investment vehicle of Alibaba Group Holding Limited and Yunfeng Capital, pursuant to which Alibaba and Yunfeng Capital, through the joint investment vehicle, will invest an aggregate of approximately US$1.22 billion to purchase a number of Class A ordinary shares from the Company, which we estimate will be 707,250,870 newly issued shares, and 13,869,990 existing Class A ordinary shares, at a purchase price of US$1.6944 per share, corresponding to US$30.50 per American Depositary Share of the Company, each representing 18 Class A ordinary shares. Youku Tudou Inc. (ADR) (NYSE:YOKU) ended the last trading day at $21.38. Company weekly volatility is calculated as 4.02% and price to cash ratio as 7.05.Youku Tudou Inc. (ADR) (NYSE:YOKU) showed a positive weekly performance of 3.19%.
Equities research analysts at Matrix Group dropped their price objective on shares of Qihoo 360 Technology Co (NASDAQ:QIHU) from $130.00 to $100.00 in a research note issued to investors on Wednesday, ARN reports. Matrix Group’s price target would indicate a potential upside of 24.47% from the company’s current price. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved up 2.36% in last trading session and was closed at $82.24, while trading in range of $80.68 – $84.75. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is 0.23%.