BlackBerry Ltd (NASDAQ:BBRY)’s most recent results saw revenue drop 18% from $1.2 billion in Q4 2013 to $976 million in Q1 2014. The company’s financial results paint a dire picture, with $2.7 billion in revenue recorded in Q1 2013 — an astonishing 64% drop. Net loss for the first quarter of 2014 was $432 million, up from net income of $98 million at the same time in 2013. For the year ending in Q1 2014, BlackBerry reported over $5.8 billion in losses, up from a $646 million loss in Q1 2013. BlackBerry Ltd (NASDAQ:BBRY), net profit margin is -6.73% and weekly performance is 5.08%. On last trading day company shares ended up $7.86. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY), distance from 50-day simple moving average (SMA50) is 3.91%.
Yandex NV (NASDAQ:YNDX), and Mail.ru Group Ltd. (MAIL) gained amid speculation that President Vladimir Putin will adopt a more conciliatory stance toward regulation of Russia’s biggest online companies at a meeting. Yandex NV (NASDAQ:YNDX), fell 0.15% in last trading session and ended the day on $33.95. YNDX, Gross Margin is 71.80% and its return on assets is 22.60%. Yandex NV (NASDAQ:YNDX), quarterly performance is 4.49%.
On June 05, 2014, Baidu Inc (ADR) (NASDAQ:BIDU), the leading Chinese language Internet search provider, announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc (ADR) (NASDAQ:BIDU), shares moved up 2.20% in last trading session and was closed at $176.14, while trading in range of $170.38 – 176.28. Baidu Inc (ADR) (NASDAQ:BIDU), year to date (YTD) performance is -0.98%.
Morgan Stanley assumed coverage on shares of Weibo Corp (ADR) (NASDAQ:WB), in a research note issued to investors on Monday. The firm issued an equal weight rating and a $21.40 price target on the stock. Weibo Corp (ADR) (NASDAQ:WB), ended the last trading day at $18.91. Company weekly volatility is calculated as 4.39% and price to cash ratio as 7.69. Weibo Corp (ADR) (NASDAQ:WB), showed a negative weekly performance of 3.22%.
Fujitsu Limited (ADR) (OTCMKTS:FJTSY), recently announced XWand Cloud, built leveraging Fujitsu’s on-premise Interstage XWand software – the market-leading XBRL processer which has been adopted by customers in 31 countries. Fujitsu Limited (ADR) (OTCMKTS:FJTSY), on last trading day company shares ended up $34.68.