Skyscanner, the British flight search company, aims to challenge Baidu Inc (ADR) (NASDAQ:BIDU), the dominant Chinese web search engine, with the acquisition of Youbibi, a local domestic travel price comparison start-up The deal will see Youbibi’s 20-strong team, based in Shenzen, come under the control of Skyscanner’s existing Chinese operation in Beijing. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is 5.57%. On last trading day company shares ended up $191.28. Analysts mean target price for the company is $1288.55. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average is 15.11%.
On June 11, 2014, Qihoo 360 Technology Co. Ltd (Qihoo 360) announced the launch of its full international product line at the Mobile Asia Expo 2014, highlighting 360 Security’s revolutionary “Orion” antivirus engine. The Company stated that Orion, deployed with 360 Security V1.9, improves security protection considerably with several new features such as the “Sky Bridge” underlying architecture, which increases scanning speed by 300%; “Retina” Active Scan, which uses millisecond snapshot technology to improve scanning performance, and the “Hawkeye” System, a global cloud security system, which provides real-time global mobile security.Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares advanced 3.26% in last trading session and ended the day on $95.04. QIHU Gross Margin is 85.00% and its return on assets is 10.50%. Qihoo 360 Technology Co Ltd (NYSE:QIHU) quarterly performance is -7.73%.
The VAIO Corporation has unveiled its first new laptops after being sold on by Sony. Sony Corp (ADR) (NYSE:SNE) decided to ditch its struggling PC business in February and focus on gaming, mobile and tablets.Sony Corp (ADR) (NYSE:SNE) shares moved up 2.15% in last trading session and was closed at $17.13, while trading in range of $16.86-$17.16. Sony Corp (ADR) (NYSE:SNE) year to date performance is -0.93%.
On June 24, 2014, 3M Co. (3M) reported that its division 3M Health Information Systems has introduced 3M Quality Services, which is a complete program of expert consulting, advanced analytics, and the latest quality metrics that helps hospitals identify the primary cause of quality performance issues. According to 3M, quality metrics analyzed by 3M Quality Services include Hospital-acquired Conditions (HACs) and All-Cause Readmissions (ACRs) identified by the Centers for Medicare and Medicaid Services (CMS), Patient Safety Indicators (PSIs) from the Agency for Healthcare Research and Quality (AHRQ), and Proper Patient Placement (P3) metrics that assist hospitals in achieving compliance with the CMS 2-Midnight Rule.3M Co (NYSE:MMM) ended the last trading day at $144.56. Company weekly volatility is calculated as 0.87% and price to cash ratio as 33.61. 3M Co (NYSE:MMM) showed a positive weekly performance of 1.03%.
——-WM MORRISON SUPERMAR (OTCMKTS:MRWSY) On last trading day company shares ended up $15.56.