At the close on Wednesday, shares in Beijing, China headquartered Weibo Corp. jumped 3.97%, ending the day at $43.20. The stock recorded a trading volume of 1.51 million shares. The Company's shares have advanced 6.40% on an YTD basis. The stock is trading above its 200-day moving average by 16.79%. Moreover, shares of Weibo, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, have a Relative Strength Index (RSI) of 47.90.
On November 21st, 2016, Weibo reported that Q3 2016 net revenues increased 42% y-o-y to $176.9 million, exceeding the Company's guidance range of $168 million and $173 million. The Company's Q3 2016 advertising and marketing revenue increased 48% y-o-y to $156.7 million. For Q3 2016, net income attributable to Weibo increased 122% y-o-y to $32.1 million, and diluted net income per share was $0.14, compared to $0.07 for Q3 2015.
On December 12th, 2016, research firm CLSA initiated a 'Buy' rating on the Company's stock, with a target price of $62 per share. WB complete research report is just a click away and free at:
Shares in Mountain View, California headquartered Alphabet Inc. ended the day 0.03% lower at $807.77 with a total trading volume of 1.51 million shares. The stock has gained 5.67% in the past month, 0.62% in the previous three months, and 1.93% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.33% and 4.70%, respectively. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, have an RSI of 54.63.
On December 21st, 2016, research firm Aegis Capital initiated a 'Buy' rating on the Company's stock, with a target price of $980 per share.
On January 02st, 2017, Fiat Chrysler Automobile and Alphabet's Google demonstrated a seamless integration of the award-winning Uconnect 8.4-inch connected vehicle system featuring Android, at the CES 2017. Fiat Chrysler Automobile is in collaboration with Google regarding the next-generation connected car systems enabled by the power of an open platform and ecosystem of Android. The complimentary report on GOOGL can be downloaded at:
On Wednesday, shares in Beijing, the People's Republic of China headquartered 58.com Inc. finished 1.70% higher at $28.65 with a total trading volume of 857,920 shares. The stock has advanced 2.32% on an YTD basis. The Company's shares are trading below their 50-day moving average by 16.58%. Additionally, shares of 58.com, which operates an online marketplace for local merchants and consumers in the People's Republic of China, have an RSI of 32.01.
On November 09th, 2016, 58.com reported total revenues of $306.5 million for Q3 2016, a 43.9% increase from Q3 2015, in-line with its guidance range of $304.0 million to $311.0 million. 58.com's gross margin was 91.4% in Q3 2016 compared to 93.2% in Q3 2015. For Q3 2016, net loss attributed to 58.com was $29.9 million compared to net loss attributable to 58.com Inc. of $206.0 million in Q3 2015. Sign up for your complimentary research report on WUBA at:
New York headquartered IAC/InterActiveCorp's shares recorded a trading volume of 487,355 shares at the end of yesterday's session. The stock closed the day 1.08% higher at $68.17. The Company's shares have advanced 4.00% in the last one month, 9.39% over the previous three months, and 5.22% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.82% and 16.91%, respectively. Additionally, shares of IAC/InterActiveCorp, which operates as a media and Internet company in the US and internationally, have an RSI of 60.44.
On January 04th, 2017, HomeAdvisor, an operating business of IAC, announced an integration with Honeywell's Home Comfort products to provide on-demand home services to users of the Honeywell Total Connect Comfort (TCC) mobile application. The TCC app will include the capability to leverage HomeAdvisor's patent-pending Instant Connect technology to connect users with a HomeAdvisor prescreened professional in less than a minute. This connection experience - first in the industry - will be available through the Honeywell TCC mobile app in Q1 2017. Get free access to your research report on IAC at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA