Sony Corp (ADR) (NYSE:SNE) announced that its bringing new installments of the popular video-game franchises “Uncharted” and “LittleBigPlanet” to the PlayStation 4 as it celebrated the 6-month-old game console’s marketplace triumph. Sony Corp (ADR) (NYSE:SNE) net profit margin is -1.70% and weekly performance is 0.06%. On last trading day company shares ended up $16.30. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -7.43%.
Equities research analysts at Jefferies Group boosted their target price on shares of Renren Inc. (NASDAQ:RENN) from $2.70 to $2.85 in a research note issued to investors on Thursday. Jefferies Group’s target price indicates a potential downside of 16.42% from the stock’s previous close. Renren Inc. (NYSE:RENN) shares advanced 0.30% in last trading session and ended the day on $3.34. RENN gross Margin is 49.30% and its return on assets is 7.60%.Renren Inc. (NYSE:RENN) quarterly performance is -15.87%.
Weibo Corp (ADR) (NASDAQ:WB)’s net loss more than doubled in the first quarter as the Chinese microblogging service controlled by Sina Corp. (SINA) spent more to attract users. Weibo Corp (ADR) (NASDAQ:WB) shares moved up 0.59% in last trading session and was closed at $18.65, while trading in range of $18.50 – $18.95. Weibo Corp (ADR) (NASDAQ:WB) year to date (YTD) performance is -7.86%.
New data from eMarketer says that Yelp Inc. (NYSE:YELP) is one of the emerging winners in the multibillion-dollar mobile search market. Yelp Inc. (NYSE:YELP) ended the last trading day at $65.49. Company weekly volatility is calculated as 3.93% and price to cash ratio as 11.75.Yelp Inc. (NYSE:YELP) showed a positive weekly performance of 1.36%.
On 28 May, Swisscom and Tamedia have agreed to set up a directories joint venture. Following Swisscom’s takeover bid for PubliGroupe, it and Tamedia bring the companies local.ch and search.ch into venture of which Swisscom will own 69 percent while Tamedia AG will hold the remaining 31 percent. On last trading day company shares ended up $59.19.