Tech Movers: Yahoo! Inc. (NASDAQ:YHOO), IAC/InterActiveCorp (NASDAQ:IACI), Spark Networks Inc (NYSEMKT:LOV), Viacom (NASDAQ:VIAB), Amazon.com (NASDAQ:AMZN)

Posted by on Jun 28, 2014

Yahoo! Inc. (NASDAQ:YHOO), Chief Executive Officer Marissa Mayer, apologized to attendees at the advertiser festival organized by Interpublic Group at Cannes Lions, France. The executive was late for the important dinner that brought together key advertisers that the company has been making frantic efforts to bring to its fold with the aim of boosting revenue and profits. Mayer was late by two hours for the event, and the incident has attracted widespread criticism. Yahoo! Inc. (NASDAQ:YHOO), net profit margin is 27.60% and weekly performance is -2.94%. On last trading day company shares ended up $33.66. Analysts mean target price for the company is $41.70. Yahoo! Inc. (NASDAQ:YHOO), distance from 50-day simple moving average (SMA50) is -3.91%.

On June 21, 2014, IAC/InterActiveCorp (NASDAQ:IACI)‘s business segment -Vimeo announced a new partnership with Vision Films for the global release of a documentary of famed Portuguese soccer player and Laureus Award nominee Cristiano Ronaldo. The Company stated that the documentary, “Cristiano Ronaldo: The World at His Feet,” narrated by the talented and award-winning actor Benedict Cumberbatch, follows the life of Ronaldo from his humble upbringing to becoming the star player for Real Madrid and leading his Portuguese team to the World Cup. IAC/InterActiveCorp (NASDAQ:IACI), advanced 0.51% in last trading session and ended the day on $69.28. IACI, Gross Margin is 68.40% and its return on assets is 6.70%. IAC/InterActiveCorp (NASDAQ:IACI), quarterly performance is -3.76%.

On June 16, 2014, Spark Networks Inc (NYSEMKT:LOV), a leader in creating niche-focused brands that build and strengthen the communities they serve, announced that the Company’s Board of Directors (the “Board”) has rescheduled the Company’s 2014 Annual Meeting of Stockholders (the “Annual Meeting”) to be held on Friday, June 27, 2014 at 2:00 P.M. Pacific Daylight Time at 333 South Grand Ave., Los Angeles, CA 90071. Spark Networks Inc (NYSEMKT:LOV), shares moved up 0.57% in last trading session and was closed at $5.33, while trading in range of $5.05 – 5.40. Spark Networks Inc (NYSEMKT:LOV), year to date (YTD) performance is -13.47%.

On June 17, 2014, Nickelodeon & Viacom, Inc. (NASDAQ:VIAB), Consumer Products announces a collaboration with acclaimed London-based designer, Beatrix Ong MBE on a range of luxury SpongeBob SquarePants accessories, home wares and a selection of apparel set to appear in retail in spring/summer 2015. Viacom, Inc. (NASDAQ:VIAB), ended the last trading day at $85.43. Company weekly volatility is calculated as 1.46% and price to cash ratio as 14.23. Viacom, Inc. (NASDAQ:VIAB), showed a negative weekly performance of 1.80%.

Amazon.com, Inc. (NASDAQ:AMZN), recently rolled out its first attempt with the smartphone through the Amazon Fire Phone.  According to Amazon CEO Jeff Bezos, the Amazon Fire Phone is optimized for one handed use. With the impressive specs that the Amazon Fire Phone carry, the company aimed to compete with the other existing smart phones in the market. Amazon.com, Inc. (NASDAQ:AMZN), net profit margin is 0.40% and weekly performance is -0.40%. On last trading day company shares ended up $325.69. Analysts mean target price for the company is $417.54. Amazon.com, Inc. (NASDAQ:AMZN), distance from 50-day simple moving average (SMA50) is 3.76%.

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