Facebook Inc (NASDAQ:FB), is exploring ways to open a sales office in China to work with local advertisers, according to Bloomberg based on information obtained from people familiar with the plan of the social network giant. Facebook Inc (NASDAQ:FB), net profit margin is 21.40% and weekly performance is 1.36%. On last trading day company shares ended up $58.02. Analysts mean target price for the company is $77.76. Facebook Inc (NASDAQ:FB), distance from 50-day simple moving average (SMA50) is -6.49%.
Cisco Systems, Inc. (NASDAQ:CSCO), has announced its performance results for the third quarter of its 2014 fiscal year (3QFY14; ended April 26). For the period, it reported revenues of $11.5 billion and per share earnings (EPS) of $0.51, while analysts had estimated sales of $11.4 billion and $0.48 in per share earnings. The company has increased its per share dividend to 19 cents. Cisco Systems, Inc. (NASDAQ:CSCO), advanced 0.79% in last trading session and ended the day on $24.37. CSCO, Gross Margin is 58.70% and its return on assets is 7.80%. Cisco Systems, Inc. (NASDAQ:CSCO), quarterly performance is 8.94%.
On May 15, 2014, Applied Materials, Inc. (NASDAQ:AMAT), reported second quarter adjusted EPS of $0.28 after the close Thursday, up from $0.16 last year. Analysts expected EPS of $0.28. The company expects third quarter adjusted EPS to be in the range of $0.25 to $0.29. Analysts currently expect EPS of $0.27. The stock is now up 0.61 on 484K shares. Applied Materials, Inc. (NASDAQ:AMAT), shares moved up 8.13% in last trading session and was closed at $20.21, while trading in range of $19.40 – 20.29. Applied Materials, Inc. (NASDAQ:AMAT), year to date (YTD) performance is 14.89%.
On May 14, 2014, Self-destructing messaging app Blink announced that it will be joining Yahoo! Inc. (NASDAQ:YHOO). Yahoo! Inc. (NASDAQ:YHOO), ended the last trading day at $33.41. Company weekly volatility is calculated as 1.94% and price to cash ratio as 11.44. Yahoo! Inc. (NASDAQ:YHOO), showed a negative weekly performance of 1.04%.
On May 13, 2014, Advanced Micro Devices, Inc. (NYSE:AMD), has recently announced that the company is all set to participate in the Merrill Lynch Global Technology Conference. AMD’s Chief financial officer, Devinder Kumar, is scheduled to represent the company in the conference. It will take place on June 3, 2014 at 10:00 am. AMD will host an audio webcast of the presentation and replay that can be accessed through the official website of AMD. Advanced Micro Devices, Inc. (NYSE:AMD), net profit margin is 0.80% and weekly performance is 3.88%. On last trading day company shares ended up $4.02. Analysts mean target price for the company is $4.12. Advanced Micro Devices, Inc. (NYSE:AMD), distance from 50-day simple moving average (SMA50) is 1.35%.
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