Yahoo, Inc. (NASDAQ:YHOO) is debuting a new digital magazine named Yahoo Movies. The following is from a blog post made on Yahoo’s Tumblr website.Yahoo! Inc. (NASDAQ:YHOO) net profit margin is 27.60% and weekly performance is -1.04%. On last trading day company shares ended up $33.41. Analysts mean target price for the company is $42.22. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -6.94%.
Apple Inc (NASDAQ:AAPL) and Google Inc’s Motorola Mobility unit have agreed to settle all patent litigation between them over smartphones, ending one of the highest-profile lawsuits in technology. In a joint statement on Friday, the companies said the settlement does not include a cross license to their respective patents. Apple Inc. (NASDAQ:AAPL) shares advanced 1.48% in last trading session and ended the day on $597.51. Gross Margin is 37.90% and its return on assets is 18.00%. Apple Inc. (NASDAQ:AAPL) quarterly performance is 10.45%.
CBS Corporation (NYSE:CBS) is working to develop a 24-hour online news channel, drawing content from its existing news-gathering resources to court younger viewers. The plan is in the “early stages” of development and CBS is in talks with Internet companies to form a partnership, CBS Corp. CEO Les Moonves told Bloomberg Television Thursday, adding he currently doesn’t “have a timetable” for the launch.CBS Corporation (NYSE:CBS) shares moved up 1.13% in last trading session and was closed at $57.03, while trading in range of $55.87 – $57.09. CBS Corporation (NYSE:CBS) year to date (YTD) performance is -10.37%.
Stock analysts at Nomura lowered their target price on shares of AOL Inc (NYSE:AOL) from $46.00 to $43.00 in a report issued on Wednesday,AmericanBankingNews.com reports. Nomura’s price target suggests a potential upside of 14.67% from the company’s current price. AOL, Inc. (NYSE:AOL) ended the last trading day at $36.81. Company weekly volatility is calculated as 5.09% and price to cash ratio as 14.19. AOL, Inc. (NYSE:AOL) showed a negative weekly performance of -2.46%.
Zacks lowered shares of adidas AG (ADR) (NASDAQ:ADDYY) from a hold rating to a sell rating in a research report released on Friday morning, AmericanBankingNews.com reports. adidas AG (ADR) (OTCMKTS:ADDYY) On last trading day company shares ended up $53.50 .
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