Twitter Inc. (NYSE:TWTR) is teaming up with web retailer Amazon to let users shop directly from posts on its microblogging service, part of a push to keep members engaged by adding e-commerce. The service comes as Amazon seeks to make social media a bigger source for sales. Twitter also has been seeking new revenue streams beyond ad services. Twitter Inc. (NYSE:TWTR) net profit margin is -93.70% and weekly performance is -18.24%. On last trading day company shares ended up $31.96. Analysts mean target price for the company is $44.73. Twitter Inc. (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -31.48%.
The Blackstone Group, L.P. (NYSE:BX) the largest U.S. landlord of single-family homes, is working with Deutsche Bank to sell $1 billion of securities tied to its properties about twice the size of previous offerings, according to a person with knowledge of the plans. The Blackstone Group L.P. (NYSE:BX) shares advanced 0.91% in last trading session and ended the day on $28.86. BX return on assets is 4.10%.The Blackstone Group L.P. (NYSE:BX) quarterly performance is -6.66%.
King Digital Entertainment plc (NYSE:KING), a leading interactive entertainment company for the mobile world, reported financial results for first quarter 2014. Generated record quarterly mobile gross bookings of $480 million in the first quarter of 2014. Reports third consecutive quarter with over $600 million of gross bookings and adjusted EBITDA margin of more than 40%. King Digital Entertainment PLC (NYSE:KING) shares moved up 1.72% in last trading session and was closed at $16.53, while trading in range of $16.31 – $17.15. King Digital Entertainment PLC (NYSE:KING) year to date (YTD) performance is -13.00%.
GT Advanced Technologies (NASDAQ:GTAT) posted its quarterly earnings results on Wednesday. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.01, AnalystRatings.NET reports. The company had revenue of $22.50 million for the quarter, compared to the consensus estimate of $26.94 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was down 61.1% on a year-over-year basis. GT Advanced Technologies updated its FY14 guidance to $0.02-0.18 EPS. GT Advanced Technologies Inc. (NASDAQ:GTAT) ended the last trading day at $14.28. Company weekly volatility is calculated as 6.18% and price to cash ratio as 3.91.GT Advanced Technologies Inc. (NASDAQ:GTAT) showed a negative weekly performance of -17.07%.