Weibo Corp (ADR) (NASDAQ:WB) sell-off was likely prompted by its earnings report, which did not meet analysts’ expectations. Although Weibo’s results for the current quarter exceeded analysts’ estimates, its guidance for future revenue was light. Next quarter, Weibo expects to generate revenue of between $74 million and $76 million — analysts had expected something closer to $78 million. Weibo Corp (ADR) (NASDAQ:WB) net profit margin is -74.70% and weekly performance is -5.43%. On last trading day company shares ended up $19.15. Analysts mean target price for the company is $25.00. Weibo Corp (ADR) (NASDAQ:WB) distance from 50-day simple moving average (SMA50) is -1.49%.
Telephone & Data Systems (NYSE:TDS) Director Clarence A. Davis sold 2,050 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $26.77, for a total value of $54,878.50. Following the transaction, the director now directly owns 7,337 shares in the company, valued at approximately $196,411. Telephone & Data Systems, Inc. (NYSE:TDS) shares advanced 1.84% in last trading session and ended the day on $27.19. TDS gross Margin is 53.10% and its return on assets is 1.80%.Telephone & Data Systems, Inc. (NYSE:TDS) quarterly performance is 17.15%.
On May 23, 2014, United States Cellular Corporation (NYSE:USM) entered into a License Purchase and Customer Recommendation Agreement (the “Agreement”) with Airadigm Communications Inc. (“Airadigm”). Telephone and Data Systems, Inc. (“TDS”) owns 100% of the common stock of Airadigm and approximately 84% of the common stock of U.S. Cellular. As a result of the related party nature of this transaction, the Agreement is considered a material agreement for U.S. Cellular under Item 1.01 of Form 8-K. United States Cellular Corporation (NYSE:USM) shares moved up 2.03% in last trading session and was closed at $41.79, while trading in range of $40.89 – $41.99. United States Cellular Corporation (NYSE:USM) year to date (YTD) performance is -0.07%.
Linn Energy LLC (NASDAQ:LINE)‘s stock had its “neutral” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Tuesday. They currently have a $31.00 target price on the stock, up from their previous target price of $30.00. JPMorgan Chase & Co.’s target price would suggest a potential upside of 8.70% from the stock’s previous close. Linn Energy LLC (NASDAQ:LINE) ended the last trading day at $28.84. Company weekly volatility is calculated as 1.41% and price to cash ratio as 139.94.Linn Energy LLC (NASDAQ:LINE) showed a positive weekly performance of 1.94%.
Baidu Inc (ADR) (NASDAQ:BIDU), China’s leading provider of Internet search engine, is leaving nothing to chance in its efforts to expand revenue and profits. The company has already registered numerous business successes since its founding, and it believes its best moments are still ahead. As such, the company has put its best foot forward to creating meaningful value for the shareholders.
Baidu Inc. (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is 2.15%. On last trading day company shares ended up $167.50. Analysts mean target price for the company is $1314.21. Baidu Inc. (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 6.74%.
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