salesforce.com, inc. (NYSE:CRM) has reported that the total revenue for the Q1 of FY2015 as $1.23 billion, which has witnessed a YoY increase of 37%. The support and subscription revenue equaled $1.15 billion, thereby witnessing a 36% increase YoY. The revenues from other sources and professional services amounted to $79 million, which witnessed a YoY increase of 58%. salesforce.com, inc. (NYSE:CRM), net profit margin is 5.70% and weekly performance is -3.60%. On last trading day company shares ended up $53.27. Analysts mean target price for the company is $70.21. salesforce.com, inc. (NYSE:CRM), distance from 50-day simple moving average (SMA50) is -2.65%.
On May 21, 2014, China’s SINA Corp (NASDAQ:SINA), posted a wider loss in the first quarter as the company recorded a noncash loss of about $40 million related to its microblog Weibo Corp.WB -10.86% becoming a publicly traded company in April. SINA Corp (NASDAQ:SINA), fell 10.11% in last trading session and ended the day on $43.02. SINA, Gross Margin is 59.20% and its return on assets is 2.10%. SINA Corp (NASDAQ:SINA), quarterly performance is -41.03%.
On May 21, 2014, ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic (“PV”) products, announced the appointment of Jason Wu as the Company’s vice president of marketing. ReneSola Ltd. (ADR) (NYSE:SOL), shares moved up 8.95% in last trading session and was closed at $2.80, while trading in range of $2.57 – 2.94. ReneSola Ltd. (ADR) (NYSE:SOL), year to date (YTD) performance is -18.84%.
On May 19, 2014, NQ Mobile Inc (ADR) (NYSE:NQ), the Chinese mobile-service-provider that was accused by the short seller Carson Block for overstating revenue, has now dropped as much as 30% after delaying filing of its annual-report for the 2nd time. NQ shares have dropped 68% since Block; the Muddy Waters LLC founder said in 2013 October that the Beijing-based company was not more than “a massive fraud.” NQ Mobile Inc (ADR) (NYSE:NQ) has denied this allegation and also stated that it is now working to file the audited full-year-results to the United States regulators as soon as possible. NQ Mobile Inc (ADR) (NYSE:NQ), ended the last trading day at $7.34. Company weekly volatility is calculated as 10.36% and price to cash ratio as 2.50. NQ Mobile Inc (ADR) (NYSE:NQ), showed a negative weekly performance of 0.96%.
Liquid Holdings Group Inc (NASDAQ:LIQD), , announced that management will participate in two upcoming investment conferences. Wednesday, May 28 – Chief Executive Officer, Brian Storms, will participate in the 11th Annual Craig-Hallum Institutional Investor Conference in Minneapolis. Thursday, May 29 – Executive Vice President of Sales and Marketing, Robert O’Boyle, will present at the 3rd Annual Marcum MicroCap Conference at 9:30 a.m. Eastern Time in New York. Liquid Holdings Group Inc (NASDAQ:LIQD), weekly performance is 45.16%. On last trading day company shares ended up $1.80. Liquid Holdings Group Inc (NASDAQ:LIQD), distance from 50-day simple moving average (SMA50) is -51.73%.
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