YP, the largest local ad platform in the U.S., and Yelp (NYSE:YELP), the company that connects consumers with great local businesses, on March 20 announced that the two local search leaders have agreed to a strategic deal. Yelp Inc. (NYSE:YELP) shares after opening at $86.69 moved to $86.84 on last trade day and at the end of the day closed at $83.43. Company price to sales ratio in past twelve months was calculated as 24.64 and price to cash ratio as 14.73. Yelp Inc. (NYSE:YELP) showed a negative weekly performance of -3.87%.
MeetMe (NASDAQ:MEET) was upgraded by equities research analysts at The Street from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, American Banking & Market News reports. MeetMe Inc. (NYSEMKT:MEET) shares fell -3.03% in last trading session and ended the day on $3.52. MEET return on equity ratio is recorded as -13.40% and its return on assets is -11.40%. MeetMe Inc. (NYSEMKT:MEET) yearly performance is 50.43%.
Turkish Prime Minister Recep Tayyip Erdogan defended his efforts to bar access to Twitter Inc. (NYSE:TWTR) as his government tried new tactics to keep Turks from dodging the controls, Hurriyet newspaper reported. Twitter Inc. (NYSE:TWTR) shares moved up 1.60% in last trading session and was closed at $50.92, while trading in range of $49.51 – $50.92. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -20.00%.
As previously disclosed, Neil P. Edwards, Executive Vice President and Chief Financial Officer of United Online, Inc. (NASDAQ:UNTD) announced his intention to terminate his employment with the Company. The effective termination date of Mr. Edwards’ employment will be March 14, 2014. United Online, Inc. (NASDAQ:UNTD) weekly performance is 6.76%. On last trading day company shares ended up $11.68. United Online, Inc. (NASDAQ:UNTD) distance from 50-day simple moving average (SMA50) is 0.40%. Analysts mean target price for the company is $19.38.