Trader’s Buzz: Baidu Inc (NASDAQ:BIDU), Weibo Corp (NASDAQ:WB), SINA Corp (NASDAQ:SINA)

The developer of award winning PC, mobile products and web, and one of the leading Chinese search engine, BaiduInc (ADR) (NASDAQ:BIDU), announced that the free Android antivirus application (Baidu Mobile Security) has received certification from AV-TEST, an institute for IT security. The antivirus app had gained top marks in all criteria for testing and has stood ahead of 30 other Android security applications from around the globe. This is seen as a major positive for the company in the field of antivirus. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is -1.99%. On last trading day company shares ended up $174.50. Analysts mean target price for the company is $1304.09. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 7.50%.

SINA Corp (NASDAQ:SINA) had its target price lowered by Deutsche Bank from $87.00 to $60.00 in a research note released on Friday morning. SINA Corp (NASDAQ:SINA) ended the last trading day at $45.05. Company weekly volatility is calculated as 2.96% and price to cash ratio as 1.65. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -0.68%.

Johnson & Johnson Innovation, LLC announced 12 new alliances with life science companies and research institutions around the globe to explore early-stage innovation in a broad range of therapeutic areas and across pharmaceuticals, medical device and diagnostics and consumer healthcare. Johnson & Johnson (NYSE:JNJ) shares advanced 1.41% in last trading session and ended the day on $105.27. JNJ gross Margin is 69.10% and its return on assets is 11.60%.Johnson & Johnson (NYSE:JNJ) quarterly performance is 10.50%.

Microblogging service Weibo Corp (ADR) (NASDAQ:WB) will likely remain unprofitable this year, its chief executive said, as the Chinese company increases investments to acquire new users. Weibo Corp (ADR) (NASDAQ:WB) shares fell -1.19% in last trading session and ended the day on $19.88. WB Gross Margin is 68.00% and its return on assets is -20.00%.

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