Facebook Inc. (NASDAQ:FB) has successfully defended itself against a lawsuit that claimed the company infringed on patents held by a Dutch programmer who launched a website called “Surfbook” more than a decade ago. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 3.20%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 6.62%.
A federal judge said LinkedIn Corp (NYSE:LNKD) must face a lawsuit by customers who claimed it violated their privacy by accessing their external email accounts, downloading their contacts’ email addresses and soliciting business from those contacts. LinkedIn Corp (NYSE:LNKD) shares advanced 2.89% in last trading session and ended the day on $169.30. LNKD gross Margin is 86.70% and its return on assets is -0.30%.LinkedIn Corp (NYSE:LNKD) quarterly performance is -13.96%.
WebMD Health Corp. (NASDAQ:WBMD) will hold its 2014 Annual Meeting of Stockholders on October 1, 2014 at the Ritz Carlton New York – Battery Park, Two West Street, New York, NY 10004. The record date for determining the stockholders entitled to vote at WebMD’s 2014 Annual Meeting is the close of business on August 6, 2014. WebMD Health Corp. (NASDAQ:WBMD) shares moved up 3.34% in last trading session and was closed at $46.14, while trading in range of $44.47 – $46.38. WebMD Health Corp. (NASDAQ:WBMD) year to date (YTD) performance is 16.81%.
Microblogging service Weibo Corp. (ADR) (NASDAQ:WB) will likely remain unprofitable this year, its chief executive said, as the Chinese company increases investments to acquire new users. Weibo Corp (ADR) (NASDAQ:WB) ended the last trading day at $19.21. Company weekly volatility is calculated as 5.41% and price to cash ratio as 7.81.Weibo Corp (ADR) (NASDAQ:WB) showed a positive weekly performance of 3.61%.
ViXS Systems Inc. a pioneer and leader in media processing solutions, on 20 may announced that Sharp Corporation (ADR) (OTCMKTS:SHCAY) a leading Japanese multinational company that designs and manufactures consumer electronic products, has chosen the ViXS XCode 6400 System on Chip (SoC) to power Sharp’s latest Ultra High Definition (UHD) 4K Recorder TU-UD1000 products, as well as Sharp’s new UHD 4K line of Digital Television (DTV) products UD20 series. Sharp plans to start initial shipments of the TU-UD1000 AQUOS Recorder and LC-UD20 series AQUOS 4K TV products in June 2014.On last trading day company shares ended up $3.03.