MeetMe (NASDAQ:MEET) announced its earnings results on 9 may. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.06, AnalystRatingsNetwork.com reports. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $9.38 million. MeetMe Inc. (NASDAQ:MEET) net profit margin is -16.60% and weekly performance is -14.80%. On last trading day company shares ended up $1.90. Analysts mean target price for the company is $4.75. MeetMe Inc. (NASDAQ:MEET) distance from 50-day simple moving average (SMA50) is -36.07%.
Care.com, Inc. (NYSE:CRCM), the world’s largest online care destination for finding and managing family care, announced that Sheila Lirio Marcelo, Founder and Chief Executive Officer, and John Leahy, Chief Financial Officer, will present at the 2014 BAML Global Technology Conference, to be held at the Ritz-Carlton Hotel in San Francisco, California on Tuesday, June 3, 2014 at 9:15 AM PT. Care.com Inc. (NYSE:CRCM) shares fell -1.14% in last trading session and ended the day on $11.27. CRCM gross Margin is 77.30% and its return on assets is -28.90%.Care.com Inc. (NYSE:CRCM) quarterly performance is -52.77%.
Micro-blogging platform Twitter Inc. (NYSE:TWTR) is rumoured to buy music streaming service SoundCloud, Bloomberg has reported. Twitter Inc. (NYSE:TWTR) shares moved down -0.06% in last trading session and was closed at $31.75, while trading in range of $31.15 – $31.95. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -50.12%.
There is no denying that some shareholders were disappointed with HSBC Holdings plc (ADR) (NYSE:HSBC) first-quarter results. Indeed, the bank revealed that during the first three trading months of 2014, pre-tax profit dropped 20% year on year, while revenues fell 8% to $15.9bn. On the face of it, the bank’s management blamed, “challenging market conditions” for the drop in profitability, one-off charges relating to restructuring were also blamed. However, HSBC’s profits and revenues are actually taking a hit as the bank ‘de-risks’ itself and this is great news for shareholders. HSBC Holdings plc (ADR) (NYSE:HSBC) ended the last trading day at $52.14. Company weekly volatility is calculated as 0.57% and price to cash ratio as 0.39.HSBC Holdings plc (ADR) (NYSE:HSBC) showed a positive weekly performance of 1.01%.
BNP Paribas SA (ADR) (OTCMKTS:BNPQY) faces harsher treatment from U.S. authorities than Credit Suisse Group AG with a fine twice the size of the Swiss bank’s and a business prohibition that could cause loss of clients. On last trading day company shares ended up $35.11.