Facebook Inc. (NASDAQ:FB) has changed a privacy setting on its social network, limiting the audience that sees new users’ first posts in a reversal of a feature that had critics said forced people to over-share personal information. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 5.74%. On last trading day company shares ended up $61.35. Analysts mean target price for the company is $77.76. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 0.72%.
YY Inc. (ADR) (NASDAQ:YY) announced on 5 may Net revenues increased by 111.6% to RMB666.3 million (US$107.2 million) from RMB315.0 million in the corresponding period of 2013, primarily driven by a 127.1% increase in revenues from internet value-added services, or IVAS revenues. YY Inc. (ADR) (NASDAQ:YY) shares advanced 1.83% in last trading session and ended the day on $63.37. YY gross Margin is 51.60% and its return on assets is 19.70%.YY Inc. (ADR) (NASDAQ:YY) quarterly performance is -6.69%.
Yahoo! Inc. (NASDAQ:YHOO) is in discussions to acquire RayV Inc., a startup that specializes in enhancing high-definition (HD) online video streaming. However, details are scarce because neither party was available for comment. Yahoo! Inc. (NASDAQ:YHOO) shares moved up 0.92% in last trading session and was closed at $35.02, while trading in range of $34.51 – $35.08. Yahoo! Inc. (NASDAQ:YHOO) year to date (YTD) performance is -13.40%.
Equities researchers at Barclays decreased their price target on shares of Yandex NV (NASDAQ:YNDX) from $41.92 to $39.16 in a research report issued on Friday. The firm currently has an “overweight” rating on the stock. Barclays’ price objective would suggest a potential upside of 28.14% from the company’s current price. Yandex NV (NASDAQ:YNDX) ended the last trading day at $32.21. Company weekly volatility is calculated as 3.01% and price to cash ratio as 14.08.Yandex NV (NASDAQ:YNDX) showed a positive weekly performance of 7.26%.
Consumer goods giant Nestlé SA Reg Shs. Ser. B Spons (ADR) (OTCMKTS:NSRGY) Philippines will embark on an expansion program to double the size of its existing factory in Tanauan, Batangas, making it one of the largest production facilities of its parent firm, Nestlé SA, in the world. On last trading day company shares ended up $78.00.