Equities researchers at Barclays decreased their price target on shares of Yandex NV (NASDAQ:YNDX) from $41.92 to $39.16 in a research report issued on Friday. The firm currently has an “overweight” rating on the stock. Barclays’ price objective would suggest a potential upside of 28.14% from the company’s current price. Yandex NV (NASDAQ:YNDX) net profit margin is 32.50% and weekly performance is 7.57%. On last trading day company shares ended up $32.10. Analysts mean target price for the company is $1404.38. Yandex NV (NASDAQ:YNDX) distance from 50-day simple moving average (SMA50) is 10.93%.
Sohu.com Inc. (NASDAQ:SOHU) Changyou “plans to transfer or lay off nearly 120 employees” in its PC gaming unit, Marbridge Consulting reports. The employees will reportedly be either laid off or transferred to Changyou’s mobile gaming unit. The report comes after the Sohu subsidiary reported a 2% Y/Y drop in online gaming revenue (accounted for 45% of Sohu’s total revenue), and also provided soft Q2 guidance caused in part by heavy spending. Sohu.com Inc. (NASDAQ:SOHU) shares advanced 0.31% in last trading session and ended the day on $58.37. SOHU gross Margin is 64.70% and its return on assets is -4.40%.Sohu.com Inc. (NASDAQ:SOHU) quarterly performance is -22.29%.
New York Stock Exchange-listed Chinese security software firm Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) says on 15 may it has agreed to acquire a controlling stake in Shanghai MediaV Advertising, a Chinese precision advertising platform, according to an announcement made by Qihoo. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved up 3.71% in last trading session and was closed at $88.05, while trading in range of $84.78 – $88.20. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is 7.31%.
Priceline Group (NASDAQ:PCLN) Director Jeffery Boyd unloaded 3,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $1,134.83, for a total value of $3,404,490.00. Following the sale, the director now directly owns 200,125 shares of the company’s stock, valued at approximately $227,107,854. Priceline Group Inc. (NASDAQ:PCLN) ended the last trading day at $1,178.06. Company weekly volatility is calculated as 2.05% and price to cash ratio as 9.20.Priceline Group Inc. (NASDAQ:PCLN) showed a positive weekly performance of 3.68%.
Mainland internet giant Tencent Holdings Ltd (OTCMKTS:TCTZD) emerged as the world’s fastest-growing brand this year and surpassed China Mobile as the most valuable in Asia, according to the latest BrandZ Global Top 100 study. On last trading day company shares ended up $14.72.
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