A massive cybercrime ring in Brazil may have stolen billions of dollars from a widely used online payment system, a technology security company said.The RSA Security division of EMC Corporation (NYSE:EMC) said in a research report released on Wednesday that a “malware-based fraud ring” had infiltrated the online payment method known as the boleto, diverting payments to accounts held by members of the ring.EMC Corporation (NYSE:EMC) net profit margin is 11.60% and weekly performance is 2.94%. On last trading day company shares ended up $26.92. Analysts mean target price for the company is $30.04. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average is 3.19%.
On June 12,2014 Deutsche Bank downgraded SouFun Holdings (NYSE:SFUN) from Buy to Hold with a price target of $11.00 (from $16.00).Analyst Vivian Hao expressed caution related to a recent price cut, stagnate listing growth, and margin erosion. SouFun Holdings Ltd (NYSE:SFUN) shares fell -2.23% in last trading session and ended the day on $10.51. SFUN Gross Margin is 83.90% and its return on assets is 23.70%. SouFun Holdings Ltd (NYSE:SFUN) quarterly performance is -24.71%.
The rumors have finally come to fruition: Social gaming firm Zynga Inc (NASDAQ:ZNGA) signed a lease for a 5,000-square-foot office space in Maitland. Zynga Inc (NASDAQ:ZNGA) shares moved down -0.31% in last trading session and was closed at $3.19, while trading in range of $3.15-$3.25. Zynga Inc (NASDAQ:ZNGA) year to date performance is -16.05%.
AT&T Inc. (NYSE:T), keen to get its deal with DIRECTV (NASDAQ:DTV) through regulatory approval, unloaded interest in Latin America to clear the way for the transaction. The company announced $49 billion buyout offer for Direct TV.AT&T Inc. (NYSE:T) ended the last trading day at $35.84. Company weekly volatility is calculated as 0.77% and price to cash ratio as 51.51. AT&T Inc. (NYSE:T) showed a positive weekly performance of 1.64%.
Pacific Crest cut shares of Advanced Micro Devices (NYSE:AMD)from a sector perform rating to an underperform rating in a research note issued to investors on Monday. Advanced Micro Devices, Inc. (NYSE:AMD) net profit margin is 0.80% and weekly performance is 5.21%. On last trading day company shares ended up $4.24. Analysts mean target price for the company is $4.20. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average is 3.44%.
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