The Street Ratings team reiterates its “sell” rating on Zynga (NASDAQ:ZNGA) with a ratings score of D+. Zynga Inc. (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is -3.74%. On last trading day company shares ended up $3.35. Analysts mean target price for the company is $4.65. Zynga Inc. (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -24.05%.
Twitter Inc. (NYSE:TWTR) chief financial officer Mike Gupta sold $2.17 million worth of shares in the microblogging service, the latest among executives to cash out after a lockup on insider sales was lifted. Twitter Inc. (NYSE:TWTR) shares fell -1.56% in last trading session and ended the day on $32.26. TWTR gross Margin is 61.20% and its return on assets is -34.60%.Twitter Inc. (NYSE:TWTR) quarterly performance is -43.84%.
SINA Corporation (NASDAQ:SINA), a leading online media company serving China and the global Chinese communities, will announce its unaudited financial results for the first quarter 2014 after the close of market on Wednesday, May 21, 2014. SINA Corp (NASDAQ:SINA) shares moved up 0.34% in last trading session and was closed at $47.68, while trading in range of $46.73 – $47.98. SINA Corp (NASDAQ:SINA) year to date (YTD) performance is -43.41%.
Telenor ASA (ADR) (OTCMKTS:TELNY) announced that DiGi Telecommunications has appointed Lars-Åke Norling (45) as the new Chief Executive Officer (CEO), effective August 1, 2014. Telenor ASA (ADR) (OTCMKTS:TELNY) ended the last trading day at $72.30.
TELIASONERA ADR (OTCMKTS:TLSNY) forms a partnership with Zound Industries, the successful Swedish start-up that markets the electronic accessory brands Urbanears, Marshall, Coloud and Molami. Along with TeliaSonera’s high-quality coverage, Zound Industries’ award-winning audio accessory lines, which include Urbanears headphones and Marshall loud speakers, will give customers a great audio experience wherever they are, whenever they want. On last trading day company shares ended up $9.01.