Moody’s Investors Service has upgraded to Baa3 from Ba2 the long term senior unsecured bond ratings, to (P)Baa3 from (P)Ba2 the rating on the EMTN program of Portugal Telecom, SGPS (ADR) (NYSE:PT) and its financing subsidiary Portugal Telecom International Finance B.V. (PTIF). The outlook is negative. Portugal Telecom, SGPS (ADR) (NYSE:PT) net profit margin is 5.70% and weekly performance is 0.26%. On last trading day company shares ended up $3.92. Analysts mean target price for the company is $3.91. Portugal Telecom, SGPS (ADR) (NYSE:PT) distance from 50-day simple moving average (SMA50) is -0.60%.
Orange SA (ADR) (NYSE:ORAN)Silicon Valley releases report showing how billion dollar ‘Unicorn’ companies are reshaping the economy. The report charts over 60 Unicorn companies across seven dominant sectors of technology that collectively account for $232 billion in market value. Over 70% of these companies are focused on transforming the enterprise with digital technologies. Orange SA (ADR) (NYSE:ORAN) shares advanced 1.76% in last trading session and ended the day on $16.75%. ORAN Gross Margin is 56.20% and its return on assets is 3.10%. Orange SA (ADR) (NYSE:ORAN) quarterly performance is 25.56%.
O June 11, 2014, At Mobile Asia Expo 2014 Qihoo 360 Technology Co Ltd (NYSE:QIHU) launched a fresh update for its 360 Browser with two new features, File Download Scanner and World Cup 2014 Promotion. With this update, 360 Browser hopes to bring users a combination of enhanced Internet security and lifestyle features. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved up 0.94% in last trading session and was closed at $91.56, while trading in range of $89.56 – $92.50. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is 11.59%.
Sohu.com (NASDAQ:SOHU)‘s stock had its “neutral” rating reaffirmed by Zacks in a report issued on Thursday. They currently have a $61.00 target price on the stock. Zacks‘s target price suggests a potential upside of 3.76% from the stock’s previous close. Sohu.com Inc (NASDAQ:SOHU) ended the last trading day at $59.26. Company weekly volatility is calculated as 3.10% and price to cash ratio as 1.99. Sohu.com Inc (NASDAQ:SOHU) showed a positive weekly performance of 1.77%.
On June 12, Vivendi SA-ADR (OTCMKTS:VIVHY):French competition authorities announce 45.9 mln euros sanction against company’s subsidiary SFR and its Reunion-based subsidiary SRR.SFR is fined for implementation and maintenance of excessively high difference in prices between calls being made to other SRR customers and those to other mobile networks. Vivendi SA-ADR (OTCMKTS:VIVHY) shares moved up 0.40% in last trading session and was closed at $26.23, while trading in range of $26.33 – $26.60.