Rediff.com India Limited (ADR) (NASDAQ:REDF) one of the premier online providers of news, information, communication, entertainment and shopping services to Indians worldwide, announced results for its fourth quarter and fiscal year ended March 31, 2014. For the full fiscal year ended March 31, 2014, total revenues increased by 4% to $16.25 million, as compared to $15.66 million in the corresponding fiscal year. Rediff.com India Limited (ADR) (NASDAQ:REDF) net profit margin is -66.50% and weekly performance is -15.38%. On last trading day company shares ended up $2.31. Analysts mean target price for the company is $3.50. Rediff.com India Limited (ADR) (NASDAQ:REDF) distance from 50-day simple moving average (SMA50) is 4.43%.
Yandex NV (NASDAQ:YNDX), Russia’s largest search-engine operator, added a Moscow stock listing, broadening its investor base and conforming with the government’s campaign to get local companies to cut dependence on foreign bourses. Yandex NV (NASDAQ:YNDX) shares advanced 2.31% in last trading session and ended the day on $32.40. YNDX gross Margin is 71.80% and its return on assets is 22.60%.Yandex NV (NASDAQ:YNDX) quarterly performance is -5.57%.
According to Jeff’s math, the rest of Yahoo excluding its stakes in Alibaba and YAHOO JAPAN CORP (OTCMKTS:YAHOY) was worth negative $9 billion at the end of March. Based on the optimistic $245 billion valuation of Alibaba, Yahoo’s remaining businesses are now worth negative $34 billion, considerably less than just six weeks ago. YAHOO JAPAN CORP (OTCMKTS:YAHOY) shares moved up 0.43% in last trading session and was closed at $9.43, while trading in range of $9.31 – $9.55.
Caterpillar Inc. (NYSE:CAT) announced that its chief information officer, Randy Krotowski, voluntarily resigned to pursue personal opportunities. Caterpillar Inc. (NYSE:CAT) ended the last trading day at $104.49. Company weekly volatility is calculated as 1.37% and price to cash ratio as 12.23.Caterpillar Inc. (NYSE:CAT) showed a positive weekly performance of 0.78%.
Hitachi, Ltd. (ADR) (OTCMKTS:HTHIY) and RapidMiner announced a strategic partnership focused on providing financial service institutions with predictive analytics solutions designed specifically to address marketing and channel challenges. The partnership combines RapidMiner’s advanced analytics expertise, especially in predictive analysis, with Hitachi’s experience in systems integration for the Japanese financial industry. Hitachi will also resell RapidMiner products. On last trading day company shares ended up $71.50.