Yahoo! Inc. (YHOO: News ) is gaining 3% to $16.57 based on reports that the company is in discussions to dispose its stake in Japanese joint venture with Softbank Corp.
Shanda Games Limited (GAME: News ) is up 12% to $6.44 as its fourth quarter earnings and revenues were above analysts’ estimates. However, fourth quarter profit and revenues declined from prior year.
Regards,
Don
Wonder Auto Technology, Inc. (NASDAQ:WATG) plunged by 5.64% and closed at $6.69 whereas overall traded volume stood at 2.06 million shares for the day. The company stands in profit with the profit margin of 11.43%. Its price to earnings ratio stands at 7.35 times till its last trading session.
Tesla Motors Inc (NASDAQ:TSLA) dropped by 5.23% to close at $23.21 with total traded volume of 2.63 million shares in the last trading day. The company maintains strong short term liquidity position with current ratio of 3.48 times. The share price is at its oversold level with relative strength index of 37.77 times till its last trading session.
Mattel, Inc. (NASDAQ:MAT) closed at $25.71 after jumping up by 0.55% whereas traded volume stood t 2.75 million shares for the day as compare to its average volume stood at 4.69 million shares. Its dividend yield is 3.58%.
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0.2650 +0.0450 (+20.45%) Tuesday, Sep 7th, 2010
Regards,
Don
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