On May 21, 2014, China’s Sina Corp. (SINA) posted a widened loss in the first-quarter as the company recorded a non-cash loss of about $40 million related to its microblog Weibo Corp (ADR) (NASDAQ:WB), becoming a publicly traded company in April. Weibo Corp (ADR) (NASDAQ:WB), net profit margin is -74.70% and weekly performance is 2.60%. On last trading day company shares ended up $18.52. Analysts mean target price for the company is $25.00. Weibo Corp (ADR) (NASDAQ:WB), distance from 50-day simple moving average (SMA50) is -4.68%.
CBS Corporation (NYSE:CBS), reported its Q1 2014 revenue drop of 4.6% to $3.86B, mainly attributed to not having the SUPER BOWL revenue in this year. Its local broadcasting revenues for the Q1 of 2014 reduced 2% to $626M. But the CBS Radio revenues rose by 2%. The Local Broadcasting OIBDA in the Q1 of 2014 rose 1% to $200M from $199 million in the same quarter of the previous year, as the lower programming costs, primarily for sports, had more than offset its drop in revenues. CBS Corporation (NYSE:CBS), fell 0.90% in last trading session and ended the day on $59.61. CBS, Gross Margin is 42.90% and its return on assets is 7.30%. CBS Corporation (NYSE:CBS), quarterly performance is -10.98%.
On May 27, 2014, Jiayuan.com International Ltd (NASDAQ:DATE), operator of the largest online dating platform in China, announced that it will report its unaudited financial results for the first quarter ended March 31, 2014, after the close of U.S. markets on June 3, 2014. Jiayuan.com International Ltd (NASDAQ:DATE), shares moved up 2.42% in last trading session and was closed at $5.92, while trading in range of $5.72 – 6.05. Jiayuan.com International Ltd (NASDAQ:DATE), year to date (YTD) performance is 2.07%.
Shares of SINA Corp (NASDAQ:SINA), have received an average recommendation of “Buy” from the twenty-three analysts that are currently covering the company, American Banking News reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $79.29. SINA Corp (NASDAQ:SINA), ended the last trading day at $44.81. Company weekly volatility is calculated as 5.76% and price to cash ratio as 1.58. SINA Corp (NASDAQ:SINA), showed a positive weekly performance of 4.16%.
Baidu Inc (ADR) (NASDAQ:BIDU)’s shares dropped 0.36% to $165.57. The company on May 16 announced the appointment of pioneering Artificial Intelligence (AI) researcher Andrew Ng as Chief Scientist of Baidu. Mr. Ng will lead Baidu Research, with labs in Beijing and Silicon Valley. Baidu Inc (ADR) (NASDAQ:BIDU), net profit margin is 30.60% and weekly performance is 1.39%. On last trading day company shares ended up $165.81. Analysts mean target price for the company is $1314.21. Baidu Inc (ADR) (NASDAQ:BIDU), distance from 50-day simple moving average (SMA50) is 5.62%.