AT&T Inc. (NYSE:T)’s plan to buy U.S. satellite-TV provider DirecTV (DTV:US) to fend off mounting competition at home means the carrier’s aspirations to expand in Europe by purchasing Vodafone Group Plc (VOD) may be off the table for now. AT&T Inc. (NYSE:T) net profit margin is 14.00% and weekly performance is 2.00%. On last trading day company shares ended up $ 36.20. Analysts mean target price for the company is $35.65. AT&T Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is 5.32%.
Yahoo Inc. (NASDAQ:YHOO) has acquired mobile messaging application Blink, TechCrunch reported Tuesday. Blink lets users share self-destructing messages along the lines of Snapchat and the founders and all members of the team will now join Yahoo, the report said. Yahoo! Inc. (NASDAQ:YHOO) shares fell -0.15% in last trading session and ended the day on $34.40. YHOO Gross Margin is 71.50% and its return on assets is 8.00%. Yahoo! Inc. (NASDAQ:YHOO) quarterly performance is -10.65%.
Analysts at Brean Capital cut their target price on shares of SouFun Holdings Ltd (NASDAQ:SFUN) from $21.00 to $18.00 in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Brean Capital’s price objective indicates a potential upside of 69.81% from the company’s current price. SouFun Holdings Ltd (NYSE:SFUN) shares moved down -1.46% in last trading session and was closed at $11.51, while trading in range of $11.48 – $12.01. SouFun Holdings Ltd (NYSE:SFUN) year to date (YTD) performance is -30.16%.
Equities research analysts at UBS AG reduced their price objective on shares of Groupon Inc (NASDAQ:GRPN) from $8.75 to $7.40 in a research note issued to investors on Friday, AR Network reports. UBS AG’s price target points to a potential upside of 20.33% from the stock’s previous close. Groupon Inc (NASDAQ:GRPN) ended the last trading day at $6.33. Company weekly volatility is calculated as 8.75% and price to cash ratio as 4.16. Groupon Inc (NASDAQ:GRPN) showed a negative weekly performance of -5.80%.
Sterling Consolidated Corp. (OTCBB:STCC) a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, wanted to thank its shareholders for the support they have provided to the Company as well as to review the last year of activity. The Company continues to execute its expansion plan to take advantage of the fragmentation of the o-ring industry throughout the United States by acquiring other companies in the marketplace. Since going public last year, the Company has completed the acquisition of RG Sales, Inc. in Western Pennsylvania and Superior Seals, Inc. in North Carolina. Sterling Consolidated Corp (OTCBB:STCC) On last trading day company shares ended up $0.0620 .