Travel news website Skift has acquired travel blog Gadling from AOL. Gadling was launched in 2004 and was acquired by AOL, Inc. (NYSE:AOL), as part of a larger acquisition: Weblogs Inc. AOL, Inc. (NYSE:AOL), net profit margin is 3.20% and weekly performance is 2.34%. On last trading day company shares ended up $36.76. Analysts mean target price for the company is $47.85. AOL, Inc. (NYSE:AOL), distance from 50-day simple moving average (SMA50) is -7.56%.
Recently, Cisco Systems, Inc. (NASDAQ:CSCO), has bragged the launch of a program called Cisco® Small Cell Enterprise Select, that would leverage the mobile operators and ostensibly deliver a myriad of small cell deployments in a cost effective vein, to enterprises. Cisco Systems, Inc. (NASDAQ:CSCO), fell 1.52% in last trading session and ended the day on $24.66. CSCO, Gross Margin is 58.70% and its return on assets is 7.80%. Cisco Systems, Inc. (NASDAQ:CSCO), quarterly performance is 15.56%.
On May 28, 2014, Demand Media Inc (NYSE:DMD), has a bright future, according to one analytics firm. Anonymous Analytics has previously published market-moving fraud and / or short reports on various companies in the past. This time, however, the firm has published a long thesis on Demand Media. The analytical firm shared an early copy of its thesis with ValueWalk. Demand Media Inc (NYSE:DMD), shares moved down 1.27% in last trading session and was closed at $4.66, while trading in range of $4.63 – 4.72. Demand Media Inc (NYSE:DMD), year to date (YTD) performance is -19.24%.
Shares of United Online, Inc. (NASDAQ:UNTD), were the target of a large increase in short interest in the month of January. As of March 31st, there was short interest totalling 1,115,636 shares, an increase of 39.1% from the March 14th total of 802,235 shares, American Banking and Market News reports. Based on an average daily trading volume, of 431,658 shares, the days-to-cover ratio is currently 2.6 days. Currently, 8.2% of the company’s shares are short sold. United Online, Inc. (NASDAQ:UNTD), ended the last trading day at $10.09. Company weekly volatility is calculated as 3.52% and price to cash ratio as 2.12. United Online, Inc. (NASDAQ:UNTD), showed a negative weekly performance of 2.89%.
Acquisitions come in very handy for large tech companies with a surplus of cash. Google Inc (NASDAQ:GOOGL), is buying satellite firm Skybox Imaging Inc. for $500 million in cash to enhance Google Maps and, in the long-run, work on widespread internet access and disaster relief across the globe. Google Inc (NASDAQ:GOOGL), net profit margin is 21.30% and weekly performance is -0.96%. On last trading day company shares ended up $559.50. Analysts mean target price for the company is $660.88. Google Inc (NASDAQ:GOOGL), distance from 50-day simple moving average (SMA50) is 2.13%.