|By PR Newswire||
|November 30, 2016 07:20 AM EST|
NEW YORK, November 30, 2016 /PRNewswire/ --
Stock-Callers.com brings focus on the Internet Information Providers industry, and in today's lineup are the following equities: YY Inc. (NASDAQ: YY), Weibo Corp. (NASDAQ: WB), 58.com Inc. (NYSE: WUBA), and Alphabet Inc. (NASDAQ: GOOGL). These stocks belong to the Technology sector which was barely changed just before the closing bell on Tuesday, November 29th, 2016, with shares of Tech companies in the S&P 500 advancing nearly 0.4%. Learn more about these stocks by downloading their comprehensive and free reports at:
Guangzhou, the People's Republic of China headquartered YY Inc.'s stock finished Tuesday's session at $45.00, climbing 1.19%. A total volume of 1.82 million shares was traded, which was above their three months average volume of 1.42 million shares. Shares of the Company, which through its subsidiaries, operates an online social platform in the People's Republic of China, are trading below their 200-day moving average by 9.07%. Moreover, YY Inc.'s stock has a Relative Strength Index (RSI) of 41.64.
On November 21st, 2016, YY reported that net revenues for Q3 2016 increased by 40.3% to RMB2,089.8 million (US$313.4 million) from RMB1,490.0 million in Q3 2015. During Q3 2016, net income attributed to YY increased by 155.8% to RMB400.0 million (US$60.0 million) from RMB156.4 million in Q3 2015. Non-GAAP net income attributed to YY increased by 83.7% to RMB435.6 million (US$65.3 million) from RMB237.1 million in Q3 2015.
On November 28th, 2016, research firm Bank of America/ Merrill initiated a 'Buy' rating on the Company's stock, issuing a target price of $60 per share. YY complete research report is just a click away and free at:
Shares in Beijing, China headquartered Weibo Corp. ended yesterday's session 0.12% lower at $51.73. A total volume of 3.25 million shares was traded, which was higher than their three months average volume of 2.02 million shares. The stock has gained 5.83% in the past month, 8.81% in the previous three months, and 165.28% on an YTD basis. Shares of the Company, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, are trading 4.72% above their 50-day moving average and 54.30% above their 200-day moving average. Moreover, Weibo's stock has an RSI of 60.63.
On November 21st, 2016, Weibo's net revenues for Q3 2016 increased 42% y-o-y to $176.9 million, exceeding its guidance of between $168 million and $173 million. Non-GAAP net income attributed to Weibo increased 147% on a y-o-y basis to $54.6 million, and non-GAAP diluted net income per share was $0.24 compared to $0.10 for Q3 2015. The company's adjusted EBITDA increased 117% y-o-y to $57.7 million, reaching an adjusted EBITDA margin of 33% for the reported quarter. The complimentary report on WB can be downloaded at:
On Tuesday, Beijing, the People's Republic of China headquartered 58.com Inc.'s stock saw a decline of 2.76%, to close the day at $32.77 with a total trading volume of 1.37 million shares. Shares of the Company, which operates an online marketplace for local merchants and consumers in the People's Republic of China, are trading 22.73% below their 50-day moving average. The stock has an RSI of 29.24.
On November 11th, 2016, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On November 29th, 2016, 58.com announced that an Executive Vice President, Mr. Chuan Zhang, has tendered his resignation, effective November 29th, 2016. Mr. Zhang's resignation was not due to any disagreement with the Company regarding its business, finance, accounting and/or any other affairs. Mr. Zhang will work with the Company to ensure a smooth transition with his successors. The company stated that Mr. Zhang's responsibilities will be taken over by Mr. Hongyu Xing, Chief Technology Officer, Mr. Jiandong Zhuang, Executive Vice President, Mr. Mingke He, Senior Vice President, and certain Vice Presidents. Sign up for your complimentary research report on WUBA at:
Shares in Mountain View, California headquartered Alphabet Inc. ended the day 0.46% higher at $789.44, with a total trading volume of 1.56 million shares. The stock has gained 1.47% since the start of this year. The Company's shares are trading above their 200-day moving average by 3.40%. 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 49.62.
On October 27th, 2016, Alphabet reported Q3 2016 revenue of $22.45 billion compared to revenue of $18.68 billion in Q3 2015. The company reported GAAP net income of $5.06 billion, or $7.25 per diluted share, compared to Q3 2015 GAAP net income of $3.98 billion, or $5.73 per share. Get free access to your research report on GOOGL 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 protected] . 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:
Email: [email protected]
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
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 23, 2017 11:30 PM EDT Reads: 678
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
Mar. 23, 2017 11:30 PM EDT Reads: 4,331
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Mar. 23, 2017 10:45 PM EDT Reads: 2,372
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 23, 2017 10:15 PM EDT Reads: 3,264
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Mar. 23, 2017 10:00 PM EDT Reads: 3,404
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Mar. 23, 2017 07:15 PM EDT Reads: 4,287
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 23, 2017 06:00 PM EDT Reads: 1,297
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 23, 2017 04:15 PM EDT Reads: 2,456
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Mar. 23, 2017 03:45 PM EDT Reads: 1,765
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Mar. 23, 2017 03:30 PM EDT Reads: 1,716
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 23, 2017 03:30 PM EDT Reads: 1,600
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Mar. 23, 2017 03:00 PM EDT Reads: 6,209
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 23, 2017 02:30 PM EDT Reads: 1,463
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 23, 2017 02:30 PM EDT Reads: 2,382
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Mar. 23, 2017 02:30 PM EDT Reads: 4,089