Tag: OTCMKTS:WMMVY

  • Today Top News: Alco Stores (NASDAQ:ALCS), MeetMe (NASDAQ:MEET), LinkedIn (NYSE:LNKD), United Online (NASDAQ:UNTD), Wal-mart de Mexico S A B de (OTCMKTS:WMMVY)

    On May 7, 2014, ALCO Stores, Inc., (NASDAQ:ALCS) entered into a Second Amendment to Rights Agreement (the “Rights Plan Amendment”) with Computershare Trust Company, N.A. (the “Rights Agent”), to the Rights Agreement, dated as of May 3, 2013, and as amended as of July 25, 2013 (the “Rights Agreement”) by and between the Company and Rights Agent. The Rights Plan Amendment allows the record holders of 10% or more of the outstanding shares of the Company’s common stock (“Common Stock”) to direct the Company’s Board of Directors (the “Board”) to call a special meeting of stockholders to consider a resolution authorizing a redemption of all Rights in the event the Company receives a “Qualified Offer.” Alco Stores Inc (NASDAQ:ALCS) net profit margin is -3.60% and weekly performance is -0.97%. On last trading day company shares ended up $9.15. Analysts mean target price for the company is $ 13.83. Alco Stores Inc (NASDAQ:ALCS) distance from 50-day simple moving average (SMA50) is -3.83%.

    On May 29, MeetMe, Inc. (NASDAQ:MEET) the public market leader for social discovery, has launched its Friend Suggestions feature on its iPhone application. The feature, previously available on the web platform, surfaces a “People You Might Like” section within Feed and Friends, with the goal of driving more friend requests, new friendships, and ultimately, new chat conversations. MeetMe Inc (NASDAQ:MEET) shares fell -2.38% in last trading session and ended the day on $2.05. Its return on assets is -7.30%. MeetMe Inc (NASDAQ:MEET) quarterly performance is -22.93%.

    LinkedIn Corp (NYSE:LNKD) recently introduce a ranking feature that allows users to know how they rank or how their colleagues rank in terms of traffic. Although the CEO said that the feature should not be seen as a popularity contest, he does not rule out the possibility of the feature being an attraction for new members. LinkedIn Corp (NYSE:LNKD) shares moved down -2.20% in last trading session and was closed at $160.09, while trading in range of $ 159.03 – 163.60. LinkedIn Corp (NYSE:LNKD) year to date (YTD) performance is -26.17%.

    On May 21, 2014, United Online, Inc. (NASDAQ:UNTD) entered into an Office Lease with LNR Warner Center IV, LLC (the “Landlord”), for 29,576 rentable square feet located at 21255 Burbank Boulevard, Woodland Hills, California (the “Lease”), which the Company intends to occupy as its new headquarters office. The Lease commencement date is expected to be October 1, 2014. The term of the Lease is six years, with a right to extend the term for an additional five years. The annual base rent is $905,026 in the first year and increases approximately 3% per year, with provisions for partial abatements during the early months of the Lease. The Lease provides for certain additional expenses to be paid by the Company, and contains other customary provisions, including security deposit, events of default and insurance. United Online, Inc. (NASDAQ:UNTD) ended the last trading day at $10.92. Company weekly volatility is calculated as 3.39% and price to cash ratio as 2.30. United Online, Inc. (NASDAQ:UNTD) showed a positive weekly performance of 2.82%.

    Wal-mart de Mexico S A B de C V (ADR) (OTCMKTS:WMMVY) On last trading day company shares ended up $25.35.