Ford Motor Company (NYSE:F) is extending its sponsorship agreement with Homestead-Miami Speedway at least through 2019, and track president Matt Becherer is optimistic the venue will remain the host of NASCAR’s final weekend for the foreseeable future. Ford Motor Company (NYSE:F) net profit margin is 4.40% and weekly performance is -3.04%. On last trading day company shares ended up $16.56. Analysts mean target price for the company is $18.53. Ford Motor Company (NYSE:F) distance from 50-day simple moving average (SMA50) is 3.11%.
The US carmaker General Motors Company (NYSE:GM) is working on a project codenamed “Amber,” a new platform from ground-up that will build at least three new car models to give a boost to its sagging sales in India and other emerging markets. General Motors Company (NYSE:GM) shares advanced 0.31% in last trading session and ended the day on $35.63. GM gross Margin is 10.60% and its return on assets is 4.00%.General Motors Company (NYSE:GM) quarterly performance is 5.38%.
For the quarter ended March 31, 2014, Rediff.com India Limited (ADR) (NASDAQ:REDF) on 3 June reported a 10% increase in overall revenues in rupee terms. In US Dollar terms, the overall revenues for the fourth fiscal quarter were $4.01 million, a 4% decline compared to $4.18 million reported in the comparable year-ago period. Rediff.com India Limited (ADR) (NASDAQ:REDF) shares moved up 3.15% in last trading session and was closed at $2.95, while trading in range of $2.82 – $3.03. Rediff.com India Limited (ADR) (NASDAQ:REDF) year to date (YTD) performance is 27.16%.
Yahoo Japan Corp. (OTCMKTS:YAHOY) said on 4 June it has established a wholly owned U.S. subsidiary to help young people start Internet businesses in Silicon Valley and to assist such startups in exploring the Japanese market. YAHOO JAPAN CORP (OTCMKTS:YAHOY) ended the last trading day at $9.38.
Tencent Holdings Ltd (OTCMKTS:TCTZF) the Chinese company that owns popular messaging app WeChat on 11 June has closed about 20 million accounts linked to prostitution. The company has also shut down 30,000 fake public accounts, 250,000 accounts for allegedly disseminating malicious links. On last trading day company shares ended up $15.19.