Facebook Inc (NASDAQ:FB) expands its Smartphone minute usage compared to its competitors. The Company estimates that the share of overall internet time remains at 18%; however, comScore data estimates higher share of 22% in February. It excludes tablets usage, Instagram and WhatApp. This is probably due to higher usage in a particular month though the Company experiences decline in time to use Facebook in both desktop and mobile. Facebook Inc (NASDAQ:FB) shares after opening at $64.89 moved to $66.19 on last trade day and at the end of the day closed at $64.89. Company price to sales ratio in past twelve months was calculated as 20.26 and price to cash ratio as 13.93. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -6.21%.
Alibaba is poised to become one to the highest valued new public companies when it goes public in the coming months. Yahoo! Inc. (NASDAQ:YHOO) has a 24% stake in the ecommerce giant, and trading in Yahoo has essentially become pre-IPO trading in Alibaba. Yahoo! Inc. (NASDAQ:YHOO) shares fell -2.04% in last trading session and ended the day on $35.93. YHOO return on equity ratio is recorded as 10.20% and its return on assets is 8.50%. Yahoo! Inc. (NASDAQ:YHOO) yearly performance is 53.68%.
BlackBerry Ltd (NASDAQ:BBRY) Chief executive officer John Chen has done all that could have been done to ensure the company survives in the market, amidst increased uncertainties and concerns that nearly put the company out of Business. The turnaround has worked and BlackBerry is slowly getting its way back into the market amidst increased competition from big industry players like Apple Inc. (NASDAQ:AAPL) And Samsung Electronics. BlackBerry Ltd (NASDAQ:BBRY) shares moved down -0.16% in last trading session and was closed at $9.36, while trading in range of $9.23-$9.61. BlackBerry Ltd (NASDAQ:BBRY) year to date performance is 25.81%.
Sprint Corporation (NYSE:S) is third largest wireless communications company in the country. In July, 2013 Softbank Corp. (Japan) (OTCMKTS:SFTBY) acquired Sprint. Japan’s Softbank has been trying to overturn the Sprint since then. Revenues for 2013 were $29.26 Billion as compared to $29.1 Billion in 2012. Sprint has reported a net loss of $3.012 Billion for year 2013, while it was $4.32 Billion for 2012. This might reflect a better cost control of the company. The revenues for a wireless company are largely impacted by Average Revenue Per User, ARPU and increase or decrease in number of customers. For Sprint ARPU increased in year 2013 but this increase was reported to be offset by the decrease in number of Sprint customers. Sprint Corporation (NYSE:S) weekly performance is 4.38%. On last trading day company shares ended up $9.06. Sprint Corporation (NYSE:S) distance from 50-day simple moving average is 5.12%. Analysts mean target price for the company is $7.28.
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